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«If a company decides to constantly improve its performance, including through outsourcing, then it is important to approach the project comprehensively and transfer a diverse range of business processes. In this case, the transfer plan may have different deadlines depending on the processes. The areas of accounting the most in demand today are comprehensive financial and HR functions as well as back-office processes for sales and purchases».

According to the Moscow Mayor Decree No. 29-UM dated June 12, 2021, as well as the St. Petersburg Government Decree No. 393 dated June 13, 2021 Amending St. Petersburg Government Decree No. 121 dated March 13, 2020, in order to prevent the spread of coronavirus infection in Moscow and St. Petersburg, additional restrictions are imposed on organizations and individual entrepreneurs.

From 5 to 28 October 2020 employers in Moscow shall obligatory transfer at least 30% of their employees to a remote regime of work, including all employees over 65 years old and those who have diseases, the list of which is determined by the Moscow City Health Department.

The project includes three stages, which are scheduled before the end of 2021, and includes both measures already taken and new measures that will help to overcome the crisis and restore the country's economy.

According to the new project, host organizations will be able to notify on arrival of foreigners to the place of stay and departure from it in electronic form.

Starting June 1, 2020, companies and entrepreneurs, when paying wages and (or) other income, are required to indicate in the payment orders a new code for the type of income.

Due to the spread of COVID-19 coronavirus infection, on March 16, 2020 the Russian Government issued the Decree No. 635-r, introducing several restrictive measures against foreigners. These novelties have a direct impact on the employment of foreigners in Russian companies. Companies face difficulties in renewing work permits and employment visas for foreign employees, as well as in registration of legal stay of employees abroad.

According to the law that amends the Russian Code on Administrative Offenses, should a company fail to submit employee's credentials to the Pension Fund of Russia in due time or submit incomplete or unreliable information, the company's executives will be liable for it, facing a warning or a fine. The amendments are effective from January 1, 2021.