A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 188 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Official Registration for the Self-Employed: Prospect or Pipe Dream?
27 February 2017
11:15

The Russian Government has designated a project entitled ‘Small Business and Supporting Individual Entrepreneurial Initiatives’ as a priority for the country’s strategic development. According to experts, a total of between 20 and 30 million Russians are unofficially self-employed; that is, they conduct business activity but do not pay taxes and do not register with the authorities. How can these people be brought out of the shadows? What incentives is the state prepared to offer the self-employed to encourage them to legally register their businesses? The self-employed are certainly aware of the state’s desire to shed light on a significant sector of the economy (which is continuing to grow amid a worsening labour market), and along with that, its desire to recoup lost tax and pension contributions. However, first and foremost, the goal of these measures must be to support the self-employed; it is essential to explain the advantages of conducting business legally and openly. Indeed, the state should seek to assist and develop an institution of ‘household businesses’ in Russia. Why do small business owners prefer to remain in the shadows? Are insufficient knowledge and expertise a justification, or an excuse for not legally registering a business?

Date
27.02.2017
Forum
Russian Investment Forum
Started at
11:15
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