Common use of Remuneration of the Company Clause in Contracts

Remuneration of the Company. The Payment Center shall pay remuneration to the Company in the amount set in the Tariffs for Transfer payout, unless otherwise provided for by the Offer or by agreement of the Parties. At the moment of accession hereto as a Company of a foreign legal entity, the remuneration of such Company is not subject to VAT in the territory of the Russian Federation in accordance with the articles 146 and 148 of the Tax Code of the Russian Federation and is not subject to income tax under clause 2 of Article 309 of the Tax Code of the Russian Federation. At the moment when a legal entity registered in the territory of the Russian Federation accedes hereto as being a Company, the Company’s remuneration is not subject to VAT in the territory of the Russian Federation in accordance with sub-clause 3 clause 3 of Article 149 of the Tax Code of the Russian Federation. In case of any changes in legislation of the Russian Federation stipulating any deductions/withholdings made from payments to be transferred to the Company, the Company’s remuneration shall be increased so that the amount due to the Company shall be equal to the amount of remuneration the Company provided for in this Offer, which Company would receive save for such withholdings and deductions.

Appears in 3 contracts

Samples: rnko.ru, rnko.ru, rnko.ru

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Remuneration of the Company. The Payment Center shall pay remuneration to the Company in the amount set in the Tariffs for Transfer payout, unless otherwise provided for by the Offer or by agreement of the PartiesOffer. At the moment of Company’s accession hereto as a Company of a foreign legal entity, the its remuneration of such Company is not subject to VAT in the territory of the Russian Federation in accordance with the articles 146 and 148 of the Tax Code of the Russian Federation and is not subject to income tax under clause 2 of Article 309 of the Tax Code of the Russian Federation. At the moment when a legal entity registered in the territory of the Russian Federation accedes hereto as being a Company, Company the Company’s remuneration is not subject to VAT in the territory of the Russian Federation in accordance with sub-clause 3 clause 3 of Article 149 of the Tax Code of the Russian Federation. In case of any changes in legislation of the Russian Federation stipulating any deductions/withholdings made from payments to be transferred to the Company, the Company’s remuneration shall be increased so that the amount due to the Company shall be equal to the amount of remuneration the Company provided for in this Offer, which Company would receive save for such withholdings and deductionsdeductions .

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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