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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.

The settlement account of a foreign company in Russia is a deposit opened in one of the Russian banks for mutual settlements with counterparties and other domestic and international financial transactions. It is important to take into account that any foreign company that operates in Russia has the right to open a current account with an authorized banking institution. This right is prescribed in Article 13 of Federal Law No. 173-FZ dated 10.12.2003 “On Currency Regulation and Currency Control”. What needs to be done for this, we will tell you in this article.

Every firm from abroad that is going to start commerce in Russia is obliged to register its local office here. According to current legislation, foreign firm in Russia can register a branch, a representative office, or LTD. After it is registered, a foreign business can legally sell their goods or services here, as well as trade without intermediaries. Each of the above structures has its pros, cons, and limitations. Therefore, depending on the goals set, one of these forms may be preferable.

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.

The reporting of any joint-stock companies differs from the reporting of an LLC in a large set of forms and the requirement to conduct an audit. A number of joint-stock companies are required to submit reports to the supervisory authorities

Reorganisation of a joint stock company is an important stage in the conduct of business, which can occur for various reasons: from strategic changes in the company to economic necessity. The process affects changes in the management structure, legal status or even the form of ownership of the company. In this article, we will look in detail at the key aspects of changing the legal status of a JSC and the main steps that need to be taken to make the process successful.

In the spring of 2022, the decision by Western nations to disconnect key Russian financial institutions from the SWIFT system emerged as one of the most significant elements of sanctions pressure. This move substantially complicated international transactions for Russian businesses and citizens. However, recent geopolitical developments have shown signs of…

Significant amendments to the corporate legislation of the Russian Federation regarding the procedures for conducting annual general meetings of limited liability companies (LLCs) will come into force on March 1, 2025. These innovations require special attention from management and LLC participants as they substantially alter established corporate governance practices. I….