Insights & News

Reverse Piercing of the Corporate Veil – Russian Courts Tend To Shift Liability from Foreign Companies to Their Russian Subsidiaries

Dear Ladies and Gentlemen, We would like to update you on recent precedent-setting judgements by Russian courts in matters involving foreign businesses that decided to leave Russia. On ...

29 December 2023 Newsletters

Stricter liability for personal data processing

Dear Ladies and Gentlemen! We would like to inform you about significant legislative initiatives that impose increased administrative liability for violations of personal data processing...

28 December 2023 Newsletters

Governmental control over IP transactions with foreign persons

Dear Ladies and Gentlemen! Please be informed that a Draft Presidential Decree (the "Draft") amending Presidential Decree No. 81 dated 1 March 2022 (the "Decree No. 81") has been publish...

12 December 2023 Newsletters

Environmental ban on packaging

On November 15, 2023 the Ministry of Industry and Trade has submitted to the authorized departments for approval a draft governmental decree (“Decree”) banning the use of polymer goods an...

04 December 2023 Newsletters

Russian counter-sanctions: new guidelines for transactions with foreign securities

In the course of regular updates on Russian counter-sanctions, we would like to provide you with information on Decree of the President of the Russian Federation dated November 08, 2023 N...

10 November 2023 Newsletters

New migration requirements for foreign nationals

Please be informed that Federal Law No. 316-FZ dated 10 July 2023 (the “Law”) made changes to legislation regulating the legal status of foreign nationals in the Russian Federation, inclu...

07 November 2023 Newsletters

Exit tax increase to at least 15% of 100% of the market value.

The new rules regarding calculation method of voluntary contribution to the federal budget (“exit tax”) will came into force. Previously, the exit tax had to be paid in the amount of not...

03 October 2023 Newsletters

Full-service support in challenging situations caused by confrontations involving the local management of companies

Numerous foreign companies have recently decided to exit the Russian market or restructure or suspend their operations. The rapid implementation of these business decisions within constra...

28 September 2023 Newsletters

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