Bellerage

Restraints for foreigners to become a Chief Accountant

Restraints for foreigners to become a Chief Accountant

Under the Russian legislation only Russian citizens or foreigners with a permanent or a temporary residence permit can be employed as a Chief Accountant.

The restriction also applies to foreigners with a status of highly qualified specialists. 

The rule also applies to the case of a general manager, who is a foreign national, assuming the responsibilities of Chief Accountant.

The fine for non-compliance may constitute up to 1 million rubles.