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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…

A joint-stock company is a popular form for doing business. It allows you to combine resources by issuing securities – shares. This helps to receive investments for further development.

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…

A joint venture is an agreement between two or more companies that voluntarily create and manage a new business. Each organization invests its own resources and conducts its own expertise for the establishment and launch of a new company. Such a firm is usually called a joint venture.

The general director is the person responsible for managing the company. He/she represents the interests of the company in various relationships with government agencies, partners or third parties.

Registering the sale of a share in an LLC through a notary is a standard procedure for transferring ownership of a business to another person.

The Russian Union of Industrialists and Entrepreneurs (RSPP) is drafting comprehensive proposals for the conditions under which foreign companies may return to the Russian market. This initiative, launched at the request of the country’s leadership following an industry congress, aims to create a balanced mechanism that would attract foreign investment…

Cooperation between Russia and Belarus is a long–term partnership that has allowed us to create an agreement on the avoidance of double taxation. According to it, citizens of Belarus often choose Russia for creating business.

In 2025, Russian authorities established a set of requirements for the potential return of Western companies that left the market after 2022. The government’s policy on this issue combines elements of pragmatism and the protection of national interests. 1. Individual Approach and Protection of National Interests Each decision regarding a…

As part of its strategy to develop inbound tourism and strengthen international ties, the Russian government is preparing a large-scale liberalization of its visa regime. The approved draft law significantly expands opportunities for foreign citizens visiting Russia on e-visas. Key changes include: increasing the validity period of e-visas from 60…

Reorganisation of a closed joint stock company or NPAO is a process in which the legal form, structure or ownership of the organisation is changed. This is necessary to optimise or change the direction of the business.

Transformation of a limited liability company (LLC) into a joint stock company (JSC) is a procedure for changing the legal form of a company. Thus, the new organization will fall under the law “On Joint Stock Companies”. In this article we will describe in detail how to correctly carry out such a reorganization.