Blog

From July 1, a pre-trial appeal of supervisory authorities’ decisions will be mandatory

The Prime minister of the Russian Federation has signed Regulation No. 663 of April 28, 2021, which establishes mandatory compliance with the pre-trial procedure for appealing decisions of a certain list of state bodies, including the Federal Tax Service, Federal Service for Labor and Employment and so on. It is…

May, 12 2021
It will become easier to submit documents for state registration of a company through a notary

In accordance with the draft No. 1021318-7 of the Federal Law “On Amendments to the Federal Law “On State Registration of Legal Entities and Sole Proprietors” and Article 80 of the Fundamentals of the Legislation of the Russian Federation on Notaries”, it is proposed to legally fix the following: notaries…

May, 05 2021
New rules in the legislation on investment activity: “golden” passports, protection of novice investors, state information system.

Foreign investors will be able to apply for permanent residence permit in a simplified manner Foreign investors who invest assets in the Russian economy, as well as their family members, will be able to obtain a permanent residence permit without the necessity to obtain a temporary one first of all….

Apr, 28 2021
Meetings of shareholders, the board of directors, and creditors will be held online

The draft law that will allow to hold meetings of shareholders, the board of directors, and creditors remotely has been introduced to the State Duma. Should the draft law be adopted, the relevant amendments will be made to the Civil Code of the Russian Federation. Nowadays, when holding a meeting…

Apr, 28 2021
The Ministry of Digital Development proposes to create a specialized court for economic disputes in the field of information technologies

According to the Ministry of Digital Development, the judicial authorities do not have enough competence in the matter of considering disputes related to information technologies at the moment. In this regard, the ministry proposes to create a specialized judicial body authorized to consider cases involving IT companies. A profile court…

Apr, 21 2021
The requirements for the Articles of Association of joint-stock companies will be optimized

The State Duma has adopted in the first reading legislative amendments in the field of corporate law, which contain requirements for the Articles of Association of a joint-stock company. The adoption of the relevant amendments is caused by the analysis of law enforcement practice and the need to optimize the…

Apr, 14 2021
From April 1, German citizens are allowed to enter the Russian Federation anew

In accordance with the Decree of the Government of the Russian Federation No. 814-p of March 31, 2021, from April 1, citizens of the Federal Republic of Germany have the right to enter the territory of the Russian Federation, provided that these persons have a valid visa. Entry to Russia…

Apr, 07 2021
Russia plans to create a unified system of registering foreign citizens staying in the country, details on our website

The Ministry of Internal Affairs and the Ministry of Digital Development of Russia are developing the possibility of creating a unified information platform for foreign citizens’ registration as part of implementation of the Concept of the State Migration Policy for 2020-2022. The relevant information about the legislative initiative has been published…

Mar, 31 2021
The government may oblige foreign IT-companies to open representative offices in Russia

The government of the Russian Federation has taken the legislative initiative to create a specialized system of «digital residency», under which foreign companies operating in the field of information technology are planned to be obliged to undergo the registration procedure with the tax authorities. The above requirement will apply to…

Mar, 24 2021
Personal data: new working rules from March 1, 2021

A number of significant amendments was adopted in December 2020 in the field of personal data protection, the majority of these amendments entered into force on March 1, 2021. The remaining changes will take effect on July 1, 2021. We would like to bring to your attention the main legislative…

Mar, 19 2021
The Government may exempt IT-companies from planned inspections

The Ministry of Digital Development of the Russian Federation has taken the initiative to provide the second package of measures to support the IT industry, in which it is proposed to exempt these companies from supervisory actions carried out by state bodies. In accordance with the legislative initiative, it is…

Mar, 17 2021
The tax burden of foreign companies in the field of information technology is planned to be increased

The Ministry of Digital Development of the Russian Federation has taken the initiative to oblige foreign IT-companies to pay personal income tax on the salaries of staff members employed in Russia. This measure is proposed as a way to equalize the business conditions of Russian and foreign companies. It is…

Mar, 10 2021
Stages of drafting a contract

Any contract, as a legal form of agreement on the main points of the transaction, is concluded (in most cases) between the two parties. It contains a list of the rights and obligations of the participants, which begin to take effect from the moment of mutual approval by signatures.

Mar, 04 2021
Attorneys at law will be banned from representation in court for violating legal ethics

From March 1, 2021, legislative amendments in the field of advocacy come into force, according to which lawyers who are deprived of their status for certain reasons will not be able to represent the interests of their clients in court. This will apply to the situations when the status of…

Mar, 03 2021
Amedments in the field of legislation on foreign investment

Simplified procedure for accreditation of foreign companies’ subsidiaries and representative offices The relevant law was adopted in its final form on February 24, 2021 and will enter into force on August 23, 2021. What changes does the law provide for? The duration of accreditation procedure has been reduced – now…

Mar, 02 2021
Draft law on top managers’ liability insurance has been prepared

The Ministry of Economic Development has prepared a draft law which should expand the possibilities for insuring the civil liability of top managers for economic damage to their companies and third parties as a result of decisions made within the scope of their official duties. Currently, the Russian Civil Code…

Feb, 24 2021