Glossary / Search Term:
World Trade Organisation
Global international organisation which regulates international trade, with 162 members including Russia.
Withholding tax
Tax withheld or deducted and payable by payer of income directly to the state, e.g. income received by a foreign legal entity and not attributed to a permanent establishment, employment income etc.
Work contract
Civil-law contract between contractor and client under which the former undertakes to perform works for the latter for payment.
Work permit
Permit obtained by a foreign national in order to be entitled to work in Russia.
Work visa
Visa obtained by a foreign national in order to be entitled to work in Russia.
Working hours
Regular working hours may not exceed 40 hours per week, however may have to be reduced depending on employee category (minors, working in hazardous or harmful conditions etc.) Overtime work is possible, but strictly regulated.
World Trade Organisation
Global international organisation which regulates international trade, with 162 members including Russia.
Withholding tax
Tax withheld or deducted and payable by payer of income directly to the state, e.g. income received by a foreign legal entity and not attributed to a permanent establishment, employment income etc.
Work contract
Civil-law contract between contractor and client under which the former undertakes to perform works for the latter for payment.
Work permit
Permit obtained by a foreign national in order to be entitled to work in Russia.
Work visa
Visa obtained by a foreign national in order to be entitled to work in Russia.
Working hours
Regular working hours may not exceed 40 hours per week, however may have to be reduced depending on employee category (minors, working in hazardous or harmful conditions etc.) Overtime work is possible, but strictly regulated.
