Consulting and development of business
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Foxx & Co Consulting Partners - profile
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Foxx & Co Consulting Partners - profile
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Personal income taxes (13 %) and social insurance costs (26,2% and 10,2 % and finally 2,2%) are now much lower in Russia than in previous years. So called "black" and "grey" salary payments have decreased and still are decreasing. They are replaced with very legal "white" salary payments. Personnel administation with officials and all byrocratic systems continues to be heavy and costly to the companies.
Western automotive related businesses are coming to Russia now. They are like selling, advertising, financing, insurance, branding, after-sales and related businesses.
Western companies make money by selling systems, products and technologies to energy sector companies in Russia.