Subsidiary in Russia

Russia

Russia is the fifth-largest European economy, making it a global hotspot for companies looking to enter Russian markets. Despite the ongoing political turbulence, businesses looking to harness international opportunities realize the immense potential that Russia offers. This is why many foreign companies continue to choose to open subsidiaries in Russia.  While the Russian market is […]

A Guide to the Payroll Process in Sri Lanka

Sri Lanka

Sri Lanka is a tropical island off the southern coast of India. The country gained its independence from the Britishers in 1948. It has faced several challenges since changing its name from Ceylon in 1972. Tourism drives most of the economy. The population of Sri Lanka is 22 million. Apart from tourism, the people are […]

Starting A Business In Sri Lanka

Sri Lanka

Business Opportunities in Sri Lanka If you are considering setting up a company in Sri Lanka, it is safe to assume you have a solid plan and some capital. Several start-ups have emerged in Sri Lanka in the last decade. The government has endeavored to encourage trade and entrepreneurship. Establishing a company incorporation Sri Lanka […]

How Can A PEO And EOR Help You Establish Your Business in Sri Lanka

Sri Lanka

Doing Business With a Sri Lanka PEO – EOR Sri Lanka is a South Asian country with 21.5 million inhabitants. Sri Lanka has two official languages – Sinhalese and Tamil, but many other languages are spoken in the country. English is the communication language used for educational, scientific, and commercial purposes. Sri Lanka offers superior-quality […]

How to Hire Effectively in Sri Lanka

Sri Lanka

Sri Lanka is an emerging economy with affordable business costs. The country has free trade agreements (FTA) with key Asian markets such as Singapore, Iran, Israel, and Egypt. India-Sri Lanka Free Trade Agreement (ISLFTA) was signed in 1998 and became operational in 2000. Sri Lanka has a total of 10 FTAs signed with various countries.  […]

Employment Act and Labor Laws in Russia

Russia

Introduction Russia is a federative state with 85 constituent areas (federal cities, republics, regions, and other territorial administrative components) with specific legislative rights. Employment concerns fall under the Federation’s and its constituent parts’ joint competence. The Russian Federation’s Labour Code, which is applicable throughout the country, controls employment rights in Russia. Who is covered by […]

Payroll in Russia

Russia

Ever since the downfall of communism about three decades ago, Russia has slowly become synonymous with relative economic stability. Such stability has helped make this country a high-priority target for various industries and sectors looking to expand and influence international markets. One factor equally instrumental in shaping the Russian economy is its foolproof payroll system. […]

Benefits And Compensation in Russia

Russia

What are Employee Benefits? Employee benefits are non-monetary compensation granted to employees as a part of their employment contract. Employee benefits may vary as per law, the risk connected with the work or industry, or as per the regulations of the country where the employment is held or offered by the employer voluntarily. The employee […]

Sole Proprietorship In Russia

Russia

Sole proprietorship in Russia represents the most flexible type of legal entity that investors can establish in the country. The sole proprietorship in Russia is aimed at traders who want to launch small commercial activities where investors are self-employed. The sole proprietorship Russia tax system differs from the tax system that applies to other legal structures, even if […]

Employment Act and Labor Laws in Thailand

Thailand

Every country incorporates regulated working standards for employers and employees’ ease, comfort, safety, and convenience. The employment law Thailand guide works on the standard of being fair and justified, besides being pro-employee. Thailand has incorporated some of the smartest economic policies and is evolving into a middle-income economy, moving steadily towards achieving its Sustainable Development Goals. […]