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RosCo Company provides professional support to MNG GROUP business in Russia

RosCo - Consulting and Audit has signed a contract for the provision of legal services to the MNG construction company group, that is one of the largest investors in various business fields in Turkey and abroad.

 Компания «РосКо» осуществляет профессиональное сопровождение деятельности «MNG GROUP» в России

The company, that started its business with construction and trade, has eventually diversified investment in the hotel and the energy business, marketing, airlines and media.

With the help of its partners-contractors, the Group of Companies MNG GROUP builds various objects according to the world standards: high-rise buildings, shopping centers, shops, hotels, holiday villages, irrigation systems, concrete bunkers, road tunnels, railways, dams, hydropower stations, waste and drinking water treatment stations and many others.

The Group consists of specialized contracting firms providing architectural and design services, as well as geotechnical, piling, mechanical and electrical services.

The company is actively investing in renewable energy sources, resulting in the construction of some power plants. At the moment, their number reached 10 units with a total installed capacity of 164 MW and annual energy generation of 950 GWh.

MNG Airlines Cargo A.S. has the largest private air cargo capacity and an auto park, consisting of 11 cargo planes. MGN Cargo AS, at its turn, where 7,000 employees work in 740 branches, offers national freight transportation throughout Turkey and owns 2,000 units of vehicles.

Group also represents a network of tourist and business hotels under its own brand name "World of Wonders" in Bodrum, Istanbul and Antalya.

General information about the SME Register
General information about the SME Register
May a company, which the foreign companies are members to, be entered into the SME Register (the register of small and medium-sized enterprises) and on what conditions? Today we’ll discuss that in this video. First of all, it should be noted that the SME Register is organized by tax authorities, and a list of companies entered into the register may be found on the official website of the Federal Tax Service: https://ofd.nalog.ru. Small and medium-sized enterprises include companies and individual entrepreneurs that meet certain restrictions on the structure of the authorized capital and also if: - the average staff number is not more than 100 persons and income is not more than 800 million rubles (for small enterprises); - the average staff number is no more than 250 persons and income is no more than 2 billion rubles (for medium-sized enterprises). On December 1, 2018, the amendments made to Law No 209-FZ were entered into force. The point is that Russian companies with a share of foreign capital exceeding 49% may also obtain SME status if the company’s foreign members: - gained an income from their business activities not exceeding 2 billion rubles during the previous calendar year; - had the average staff number not exceeding 250 persons during the previous calendar year; - a state of permanent residence of foreign member of the Russian company shall not be the Offshore areas*(a list of offshore areas is established by the Ministry of Finance). If the share of foreign members in the Russian company does not exceed 49%, then such a requirement is not imposed for the purpose of designating as SME. What is a purpose of the register? A company may rely on a number of privileges if it is entered into the SME Register. Among them are: - Ensuring the implementation of “supervisory holidays” for SME; - Special tax regimes - Simplified tax and accounting rules - Simplified forms of accounting and statistical reporting, tax returns for individual taxes and fees; - Simplified procedure for conducting cash transactions; SMEs may not set a cash limit. - Privileged payment procedure for state and municipal property privatized by small and medium enterprises. During the coronavirus pandemic, the importance of entering the company into the SME Registry increased For example, in order to receive a subsidy for the salary with the Statutory Minimum Wage Index equal to 1, a company (among other requirements) must be entered into the SME Register. The so-called “credit holidays” apply to companies that are performing their activities in sectors most affected by coronavirus and are also entered into the SME Register. RosCo – entrust your business to professionals! YouTube - https://www.youtube.com/c/RosCoConsul... Facebook - https://www.facebook.com/roscoaudit/ ЯндексДзен - https://zen.yandex.ru/id/5b84df3fa459... Instagram - https://www.instagram.com/rosco_consu... https://rosco.su/
What do you need for accreditation of a foreign representative office? (part2)
Opening their branches in Russia, many of foreign companies prepare the necessary documents on their own. They often get a denial of accreditation because of the finer points. To avoid such troubles, you should take into account not only the requirements of the Order of the Federal Tax Service on accreditation of branches and representative offices, but also the general principles for preparing documents. See more in our video. 1. Data check 2. Legalization of a document 3. Translation of documents 4. Application for accreditation RosCo – entrust your business to professionals! YouTube - https://www.youtube.com/c/RosCoConsul... Facebook - https://www.facebook.com/roscoaudit/ ЯндексДзен - https://zen.yandex.ru/id/5b84df3fa459... Instagram - https://www.instagram.com/rosco_consu... https://rosco.su/
What do you need for accreditation of a foreign representative office?
Opening their branches in Russia, many of foreign companies prepare the necessary documents on their own. They often get a denial of accreditation because of the finer points. To avoid such troubles, you should take into account not only the requirements of the Order of the Federal Tax Service on accreditation of branches and representative offices, but also the general principles for preparing documents. See more in our video. 1.Originals or copies 2.Where can you get the document 3.Terms of issue RosCo – entrust your business to professionals! YouTube - https://www.youtube.com/c/RosCoConsul... Facebook - https://www.facebook.com/roscoaudit/ ЯндексДзен - https://zen.yandex.ru/id/5b84df3fa459... Instagram - https://www.instagram.com/rosco_consu... https://rosco.su/
Date of foundation
company «ROSCO»
2004
Membership in professional organizations:
SRO NP «Audit Chamber of Russia»
(Certificate No 1809 dated 28.12.2009)
Chamber of Tax
Consultants
(Certificate No 78)
NP «Partnership of RSE»
(Russian Society of Evaluators)
Membership in public association:
Moscow Chamber
of Commerce and Industry
(Certificate No 123-973 dated 21.12.2009)
Non-Profit
Partnership of Turkish Entrepreneurs (RTIB)
Ratings:
A++1+++1++[%]
(as per the results of 2009 -
А++1+++1+[%])
Company
is included in the register of reliable enterprises of Moscow
Certificates of conformity:
Certificate of conformity to the requirements of GOST R ISO 9001-2008 (ISO 9001:2008)
Professional
liability
is insured