Monthly digest: December 2017


December 2017


Dear Sir / Madam!

We are pleased to announce the launch of a new service for our corporate clients: legal support for employees who can now get legal advice 24/7.


This legal support works on the principle of “legal insurance” and may be included in the benefits offered by companies to their employees. If an employee needs advice on how to act appropriately in a particular life situation, he/she can directly contact one of our lawyers by phone or in writing.

In addition to getting advice, employees also have access to a database of articles with clarifications, recommendations and document templates for ten areas of law.


This new service is already available to all Intercomp clients, and various service packages have been put together for different levels of employees.


Analytics, knowledge, trends


Key Drivers of the Russian Market

It was pointed out in another review conducted by our partner CEEMEA Business Group that the Russian market could become one of the best in Europe and in the world within the next 5 years. What developments and economic indicators will support upward trends? Which sectors are expected to grow?

Review of ratings of fastest-growing companies and outstanding top managers

Which companies have become the fastest growing in Russia and who is among the top 100 best performing CEOs in the world? We share the results of RBK and Harvard Business Review ratings.

Economic prospects in Russia and other BRICS countries

BRICS is the acronym for an association of five major emerging markets: Brazil, Russia, India, China and South Africa. We present a study in which our partners, CEEMEA Business Group, compare the economic performance of these countries and their development prospects.

Currency control: New developments from January 01, 2018

The Russian Ministry of Justice has registered a new directive on currency control issued by the Central Bank of Russia. In this article you will find a description of the main changes introduced by this new directive together with our recommendations.


​​​​​​​Childcare benefit in case of part-time work

Field audits conducted in 2017 found that the Social Insurance Fund did not deduct benefits for many companies if working hours had not been sufficiently reduced. We explain what to do according to the position held by the Russian Supreme Court.


Federal Tax Service and Pension Fund online accounts — Guide for employees

Due to technical failures, incorrect social insurance numbers of employees have been transferred to the database of the Federal Tax Service so tax authorities have requested employers to update the incorrect data. To speed up and simplify this process, employees are recommended to do this themselves through their online accounts.


Rostrud has approved checklists for compliance inspections

Labor inspectors will be required to use checklists when conducting scheduled inspections. We suggest reviewing these checklists to prepare for and successfully pass inspections.


Webinar on Employee Personal Data


We're pleased to share with you the record of the webinar on Rules for Processing Employee Personal Data.

During this webinar, we reviewed the rules for processing and storing employee personal data and discussed employer liability. We also gave some recommendations and examples from court practice.


Webinar on Overtime


We're pleased to share with you the record of the webinar on Overtime: Rules and Risks for Businesses.

During this webinar, we discussed how to minimize tax risks and prevent claims from employees and the labor inspection service in connection with overtime.


These webinars were intended for company executives, financial directors, chief accountants, and sales directors.

Please note our webinars were held in Russian and we encourage you to forward these records to your Russian-speaking colleagues who might be interested in these topics.

Kind regards,
Intercomp team