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A limited liability company is a form of business organization. It is established by one or more founders from among individuals or legal entities. The percentage of ownership is determined by the share in the authorized capital of the company.
Changes affecting foreign exchange transactions for Russian companies and entrepreneurs will come into effect in the summer of 2026. Some of the changes are aimed at simplifying cross-border payments and investments, but at the same time, the documentary requirements for certain transactions will be expanded. For businesses, this means that…
Starting in the fall of 2026, the domain name management procedure will change significantly. To perform a significant part of the registration actions, domain owners will need to undergo mandatory identification through the Public Services Portal (ESIA) to confirm their identity. These changes will affect not only new domain registrations…
The summer of 2026 brought several important changes to migration legislation. Legislators continue their commitment to digitalizing migration registration, strengthening oversight of foreign citizens’ stay, and increasing penalties for violations. We’ll highlight three of the most significant innovations that employers, foreign citizens, and companies that hire foreign employees should take…
The process of opening a Closed Joint Stock Company (CJSC) is similar to the procedure of opening a Public Joint Stock Company. However, there are significant differences in structure between the companies themselves. It is important to recall that since 1 September 2014, it is not possible to open a CJSC in Russia. Instead, it is possible to register a non-public joint stock company – NPJSC.
Business interest in artificial intelligence continues to grow. Companies are implementing chatbots, voice assistants, customer service systems, and automating sales and internal processes. However, along with these technological advantages come legal risks. In practice, many companies focus on the functionality of their solution, but don’t always consider data storage, information…
Special Economic Zones (SEZs) — these are territories with a special legal and economic regime, established by the state to attract investment, develop infrastructure, and stimulate priority sectors of the economy. Their emergence was a response to structural economic challenges: a lack of investment, technological backwardness in certain regions, high…
As interest in the Russian market continues to grow among foreign entrepreneurs, investors, and companies, one of the most common questions we hear from clients is quite simple: Do I need a visa to enter Russia? The answer depends on your nationality. Currently, there are three main entry regimes for…
Russian foreign investment regulation continues to evolve toward maximum transparency of ownership structures and sources of control over assets. The state remains focused on transactions involving companies operating in strategically important sectors of the economy. New requirements effectively expand the scope of information investors must disclose when approving transactions and…
In recent years, international commercial disputes have ceased to be solely a matter of contractual obligations and the amount of damages. Today, virtually any conflict between a Russian and a foreign company inevitably involves sanctions restrictions, jurisdictional issues, asset freeze risks, and enforcement issues. In practice, businesses are faced with…
Contents: The Essence of a Legal Address and the Entities Obligated to Maintain It The Feasibility of Conducting Operations Beyond the Registered Domicile Remedial Actions When the Registered and Actual Addresses Diverge Inherent Liabilities and Repercussions for Commercial Enterprises The Permissibility of Registering a Corporate Entity within a Residential Dwelling…
The employment of foreign nationals in Russia has long ceased to be solely a human resources matter. In practice, it is a comprehensive legal procedure involving migration, labour, tax, currency and corporate regulation. Mistakes at any stage — from the choice of the legal basis for stay to notifying the…
For foreign businesses in Russia, mastering Russian contract law is not merely a legal obligation — it is a strategic imperative. Contracts serve as the foundation of commercial relationships, delineating rights, obligations, and remedies in a jurisdiction renowned for its intricate legal framework.