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How Internet acquiring works: competent conclusion of a payment system agreement with a bank
Thanks to Internet acquiring, customers of online stores can pay for their purchases using bank cards and electronic wallets. When placing an order, the user goes to the payment page, enters…
What is a segregated account and why does a payment system need it?
Segregated account is an account that is opened with a foreign bank to service payments from customers outside the jurisdiction. In practice, this means that the payment system is able to connect…
License agreement for a computer program
A license agreement for a computer program is an agreement between the licensor and the licensee on the granting of rights to use the software. Often, a license agreement allows the licensee…
What is a flat CFC tax?
A controlled foreign company is any foreign organization or any other structure without a legal entity. It is important that such a company does not have to be a valid tax resident of the Russian…
Legal regulation of online pharmacies (medical marketplaces)
In recent years, a considerable number of online pharmacies have appeared in the Russian Federation. Such trading platforms are otherwise called medical marketplaces. As statistics show, the…
What are phantom options and how do you use them?
A phantom option is also called a phantom or virtual share. This is a special tool for increasing employee motivation. Employees are offered virtual shares in the company. With an increase in…
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