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A shareholders’ agreement is an agreement entered into by the participants of a joint stock company. The document defines the procedure and features of disposing of the rights that the company’s shareholders have. Refers to the type of intra-corporate civil law agreement. As a rule, shareholders agree on the procedure for creating management bodies, distribution of profits, decisions and other issues.
The year 2023 showed an increase in the number of new businesses in Russia. More companies have started to open – this applies to LLCs and JSCs. At the same time, the statistics on the number of closed enterprises is also positive – the number of closed firms decreased by 15% compared to 2022.
The issue of shares for a joint stock company is one of the important stages in the formation of the company’s authorized capital. If an LLC forms its authorized capital through investments and its division into shares, then the JSC issues shares of a certain value. These securities are distributed among existing shareholders and other entities that are not formally related to the company. In this article we will examine in detail the issues of issuing securities.
A business process manager is a company specialist who analyses and develops methods to improve the internal processes of an organisation. The list of his duties includes the study and modelling of the system of processes in the company, rationalisation or optimisation by determining the balance between productivity and costs.
Registration of a PJSC (formerly OJSC) is the process of opening a company from scratch, including registration with a state body. In addition to preparing constituent documents, it is required to provide information on the founders of the organization, the location of the JSC
Recently, the Migration Departments of the Ministry of Internal Affairs (MVD) of the Russian Federation have tightened requirements for foreign citizens from “migration- dangerous” countries. Restrictions for citizens from migration- dangerous countries The restrictions for citizens of migration- dangerous countries may include: – Ineligibility to obtain certain or any types…
Only the general meeting of participants can decide on the liquidation of the company. After that, a liquidation commission is formed or a liquidator is appointed, who will be responsible for the procedure and will take over the management of the company’s affairs.
The Russian Federation maintains a visa-free regime with several countries, significantly simplifying the entry procedure for foreign citizens. In 2025, the rules for visa-free visits to Russia vary depending on the traveler’s country of origin, type of passport held, and purpose of visit. Visa-Free Countries The most favorable conditions are…
Foreign citizens have the right to register as individual entrepreneurs (IP) in Russia under the same conditions as Russian citizens. However, certain requirements related to legal residence in the country must be met. Requirements for Foreigners to Register an IP To establish an IP in Russia, a foreign citizen must:…
New rules will come into force on May 30, 2025, obliging all persons working with personal data of individuals to notify the regulatory authority, Roskomnadzor. Failure to comply with this requirement can result in significant fines ranging from 100,000 rubles to 300,000 rubles for legal entities. Who Is Required to…
Registration of a JSC (now – PJSC) is the process of opening a company from scratch, including registration with the state authority. The process includes data on the founders of the organisation, the location of the JSC, the person acting without a power of attorney on behalf of the company and the registrar. The process consists of preparing and submitting properly executed documents in accordance with the requirements of the legislation of the Russian Federation.
Registration of a Public Joint Stock Company is an important step for entrepreneurs who seek to attract investment and develop their business. Opening your own company with the issue of securities is a process which is more complicated than the registration of an LLC. To understand this issue, it is often necessary to seek the services of professional lawyers. In this article we will consider in detail all the nuances of opening a PJSC and the procedure.
Today, when opening a company, a businessman can himself choose the organisational and legal form for work. Each of them has its own features and advantages. One of such methods is the creation of a branch of a non-public joint stock company (NPJSC), which allows companies to expand their presence in the market, optimise business processes and improve customer service. Here we will look at all aspects of opening a NPJSC branch office.
Today, an entrepreneur can register one of several forms of organisation, each of which has its own features, advantages and disadvantages. However, there are two most common structures – limited liability company (LLC) and non-public joint stock company (NPJSC). They allow you to create your business and manage it effectively. However, it is important to consider the differences in a number of important characteristics. What are they about? Let’s talk in this article.
Amid the global expansion of Russian companies, many organizations face the need to transfer funds outside the country. In 2025, these procedures require special attention due to new foreign exchange control rules, changes in tax legislation, and the sanctions regime. 1. Dividend Payments Abroad Taxation of Dividends: 15% — standard tax…
