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Accounting of foreign branches and representative offices

The operation of a branch or representative office of a foreign company always faces a number of difficulties. It is necessary to navigate in the Russian legal system, to know the specifics of interaction with supervisory authorities.

In addition, the procedure and form of accounting and reporting are legally established. And they have their own features. Therefore, competent accounting support for foreign representative offices and branches in Moscow is a demanded service.

Accounting of branches and representative offices

Accounting of a foreign branch or representative office includes the same aspects as the accounting of any company registered in Russia. In addition there is internal reporting established by the parent company: in a foreign language and taking into account the legal framework of the country in which the central office is located.

There are also taxation features that must be taken into account in order to avoid problems. In this situation, the cost of accounting support for foreign representative offices and branches by specialized professionals is worthwhile. And in most cases, this service significantly reduces the costs of the company.

Accounting support of foreign representative offices and branches by «RosCo»

RosCo's a team of professionals who have extensive work experience with foreign organizations that conduct business in Russia. We perform accounting support of foreign representative offices and branches in Moscow, trying to offer to each client optimal conditions of cooperation.

Why in most cases is it advantageous to entrust accounting of a branch or representative office to specialized professionals?

It's simple: The features of working with foreign companies require knowledge of the Russian legislation and the legislation of the country in which the head office is located, as well as the knowledge of a foreign language at a high level to ensure full communication with the client and the ability to promptly provide him with detailed information in an accessible manner. Not every accountant meets all these requirements, it is not easy to find such a specialist, and he/she will have to pay accordingly. Complex accounting support for foreign representative offices and branches, the cost of which is lower, allows you to receive the necessary services at a lower cost.

Accounting of branches and representative offices

Accounting of a foreign branch or representative office includes the same aspects as the accounting of any company registered in Russia. In addition there is internal reporting established by the parent company: in a foreign language and taking into account the legal framework of the country in which the central office is located.

There are also taxation features that must be taken into account in order to avoid problems. In this situation, the cost of accounting support for foreign representative offices and branches by specialized professionals is worthwhile. And in most cases, this service significantly reduces the costs of the company.

«RosCo» ffers:

  • Full accounting of the branch or representative office, including accrual of salaries, accounting of costs and income, preparation of financial statements, including those for the parent company.
  • Personnel records management.
  • Drawing and submission of tax reports, as well as reporting to non-budgetary funds.
  • Multilingual staff of specialists, including English, Turkish and Chinese.

The price for accounting support of foreign representative offices and branches by «RosCo» ill depend on the volume of services provided

We work under the comfortable for the client conditions, offering both full-service support and one-time services as required.

More information about our offer you can find out from «RosCo» pecialists by phone or through an online consultant on our website.

Closing of a foreign representative office or branch in Russia
Closing of a foreign representative office or branch in Russia
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What is an Apostille?
Apostille is a seal certifying the authenticity of a document, as well as confirming the fact that it was received under the laws of the country that issued it. This seal is necessary for those traveling abroad, as a confirmation of the validity of their documents. Moreover, it is recognized only among one hundred thirty five signatory countries, including Russia. An important nuance: the document can be apostilled only in the country that issued its original. 1. Where it is not required. 2. What documents needs the apostle certify:.. 3. Types of apostille. 4. What an apostille should contain:... 5. In the Russian Federation, documents are apostilled in such state structures as:... 6. When legalizing, it is necessary to take into account the requirements of a foreign state for a translation, namely, what kind of translation may be required:.. RosCo – entrust your business to professionals! Будь в курсе последних новостей, смотри и читай нас там, где тебе удобно: Канал на YouTube - https://www.youtube.com/c/RosCoConsultingaudit/ Facebook - https://www.facebook.com/roscoaudit/ ЯндексДзен - https://zen.yandex.ru/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ https://rosco.su/
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