Our services:

Complete service package for foreign companies

Branches and representative offices of foreign companies - description and cost of complete financial and tax accounting service package

The advantages of complete bookkeeping and tax accounting support for foreign companies

The cost of complete financial, tax accounting, legal, payroll and HR-administration services for representative offices of foreign companies depends on the following indicators:

Information about price for complete service package for foreign company’s branches and limited liability companies with foreign investments you can request by phone +7 (495) 589-39-32 or email:
contact@nordoutsourcing.ru.

Cost of zero financial reports and tax returns preparation for representative offices and branches of foreign companies as well as for the limited liabilities companies with foreign investment is RUR 3000.

Instead of complete service package our clients can order any of our types of services, for example payroll service or HR-administration. Description and cost of these services you can see in the sections:
Payroll calculation and HR administration and auditing.

Branches and representative offices of foreign companies - description and cost of complete financial, tax accounting, legal, payroll and HR-administration service package

NORD OUTSOURCING provides full range of financial and tax accounting services as well as complete legal support, payroll and HR-administration to its foreign clients (representative offices and branches of foreign companies and Russian legal entities with foreign investments) operating in Russia. Our clients list includes companies from USA, UK, Germany, Italy, Denmark, Sweden, Poland, France, China, Panama, etc.

Accountants and managers of our company speak good English and can answer any professional questions from the Clients’ Head offices’ staff.

Our complete service package includes:

• — Bookkeeping and tax accounting under Russian accounting standards;
• — Preparation of payment documents in local and foreign currencies, including use of Bank-client system;
• — Payroll services;
• — Preparation of expense reports;
• — Preparation and submission of financial reports and tax returns under Russian accounting standards;
• — Representation of clients’ interests in Tax authorities;
• — Preparation of corporate reports in English for Head Quarter under GAAP;
• — HR-administration;
• — Tax consulting;
• — Labor law consulting etc.

As well as financial ant tax accounting services NORD OUTSOURCING offers full range of legal services such as:

• — Opening, reorganization and closing of representative offices and branches of foreign companies as well as Russian legal entities;
• — Opening / closing of bank accounts;
• — Preparing of work permits for foreign employees.

List of necessary documents and procedure for opening foreign companies’ representative offices, branches or Russian legal entities you can find here, in our article
Registration and accreditation of representative offices and branches of foreign companies in Russia

The advantages of complete bookkeeping, tax accounting, legal, payroll and HR-administration support for foreign companies:

• 1. It is not necessary to spend time looking for English speaking accountant with required work experience at the international company. Generally such employees ask for a high salary and change their jobs very often. Accountants of NORD OUTSOURCING have good knowledge of Business English and can communicate with foreign clients’ staff without any problem. If any of our accountants is ill or on vacation (including maternity leave) we immediately provide the replacement.
• 2. Cost savings. Signing contract with NORD OUTSOURCING, you can save up to 70% of your budget for accounting services. Average chief accountant’s salary in Moscow (without taxes which are about 30% of gross employee’s income) is from EURO 1500 to 3000 per month.
• 3. It is not necessary for you to understand the features of Russian tax and labor legislation. Entrusting us all your accounting business processes you will get the professionalism of our employees, absence of claims from tax authorities and system of control over all accounting work.
• 4. Our staff will notify your company about all significant changes in the financial, tax accounting and labor law in advance in order to be able to plan the development of your business in Russia.