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Insights & News

Corporate and Regulatory Issues for Foreign Shareholders in Russia: Key Issues to Consider in 2024
Dear Ladies and Gentlemen, Special economic measures introduced in 2022 due to “unfriendly” actions of certain foreign states against the Russian Federation have been subject to developm...
21 February 2024 Newsletters
Highlights of the Three-Year Application of Russia’s Counter-Sanctions Procedural Rules: Extremely Broad Scope and New Challenges for Foreign Business
Dear Ladies and Gentlemen, In 2020, Articles 248.1 and 248.2 of the Russian Arbitrazh (State Commercial) Procedure Code (“APC RF”) took effect to provide additional judicial protection fo...
22 January 2024 Newsletters
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
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
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
A decision was made to soften the terms of payment of dividends to foreigners
On August 23, 2023, the extracts from the minutes of the meeting of the Sub-commission of the Government Commission for Control over Foreign Investments in the Russian Federation No. 182/...
24 August 2023 Newsletters
New conditions for obtaining the Sub-Commission approval for the transactions
We would like to inform you that the Extract1 from the decision of the Sub-Commission No. 171/5 as of July 07, 2023 was published on July 12, 2023. In accordance with the Sub-Commission'...
13 July 2023 Newsletters
Liquidation: new simplified procedure and counter-sanctions regime impact
We are pleased to share with you the following updates related to liquidation of companies. 1. Simplified liquidation procedure On 07 June 2023 the Russian parliament approved the draft...
13 June 2023 Newsletters
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