Blog

The Ministry of Finance of the Russian Federation has reported on the suggestion to simplify the registration of businesses by foreigners

The Russian authorities are considering the possibility of simplifying the registration procedure for foreign investors. This was discussed at a meeting between Deputy Finance Ministry head Ivan Chebeskov and the American Chamber of Commerce: “If foreign investors, even from unfriendly countries, want to create legal entities in Russia and invest…

Apr, 24 2024
Buying a ready-made business: what you need to check

A ready-made business can be sold for various reasons and not always due to lack of profit. There are several important aspects to check and analyse before buying such a business. Advantages of buying a ready-made business Buying a ready-made business can have the following advantages: the operational processes are…

Apr, 10 2024
Strategizing Success: Mastering the Art of M&A Deal Structuring in a Dynamic Business World

Creating an effective M&A deal structure is an intricate dance of strategic planning, financial acumen, and legal insight. It involves aligning the interests of all parties, navigating the complexities of the market, and ultimately crafting a pathway to mutual success. In this article, we’ll delve into the nuances of M&A deal structures, drawing upon a wealth of information and best practices to provide a comprehensive overview.

Apr, 08 2024
Strategic Pathways: Navigating the Choice Between Joint Ventures and Mergers & Acquisitions

In the ever-evolving landscape of global business, companies continually seek strategic avenues for growth, market penetration, and competitive edge enhancement.

Apr, 08 2024
Mastering Consulting Contracts: A Comprehensive Guide to Crafting Effective Agreements

Creating an effective consulting contract is a critical step for both consultants and their clients. These contracts serve as a foundation for a successful and mutually beneficial relationship by clearly defining the scope of work, payment terms, and other essential aspects of the professional engagement. This comprehensive guide delves into the intricacies of consulting contracts and contracts for consulting services, providing you with the knowledge needed to draft agreements that protect both parties’ interests.

Apr, 08 2024
Unlocking Synergy: Navigating the Strategic Potential of Joint Venture LLCs

In today’s dynamic business environment, the concept of joint ventures has become increasingly popular as companies look to leverage complementary strengths, enter new markets, and accelerate innovation. One of the most efficient and flexible structures for such partnerships is the Joint Venture LLC (JV LLC).

Apr, 08 2024
Lawyers about Due diligence: what exactly we check during the legal analysis of business and how to conduct it. Full checklist

“Due diligence” is a detailed due diligence procedure, which is carried out in order to identify various risks, including legal, economic, tax, technical and many others related to the implementation of a project or transaction. This procedure can be applied to various areas of business – in fact, “due diligence”…

Apr, 03 2024
The rules for the sale of the LLC’s share have been updated

According to the new rules adopted by the Ministry of Economic Development, participants in limited liability companies now have the right to sell a share based on a market valuation. Previously, the amount from the sale of a share directly depended on the book value, which was most often lower…

Mar, 29 2024
Obtaining permission from the government commission for transactions

In 2022, restrictions were imposed on certain transactions (operations) to which residents of “unfriendly” countries are a party. For the first time, the concept of an “unfriendly country” appeared in 2018 with the approval of the federal law “On Measures to influence (counteract) unfriendly actions of the United States and…

Mar, 25 2024
Permission from the government commission

The permission of the Government Commission to conduct transactions in the purchase and sale of shares in the authorized capital of an LLC, the purchase or sale of shares in a joint stock company or other transactions affecting the activities of such organizations is regulated by a special procedure established…

Mar, 20 2024
How to Open a Bank Account in Russia: A Comprehensive Guide

Opening a bank account in Russia can be a vital step for individuals and businesses seeking to engage in financial transactions within the country. With its unique banking system and regulatory environment, understanding the process and requirements for opening a bank account is crucial. In this guide, we’ll walk you through the necessary steps and considerations to successfully open a bank account in Russia.

Mar, 14 2024
Understanding the Intricacies of M&A in Law

Mergers and Acquisitions (M&A) stand as cornerstones of corporate strategy, enabling companies to grow, enter new markets, or enhance their competitive edge.

Mar, 14 2024
Navigating the Complex Landscape of Accounting for Mergers and Acquisitions

This article explores the multifaceted aspects of accounting for mergers and acquisitions, offering insights into the best practices and challenges encountered by professionals in the field.

Mar, 14 2024
Coordination of transactions with foreigners

The complexity of making transactions with foreigners in Russia has become a significant aspect of the business environment since the introduction of the requirement for coordination with the Cabinet of Ministers. Since that time, entrepreneurs have to face additional procedures and restrictions, especially in the case of transactions with persons…

Mar, 13 2024
11 thousand branches of Russian businesses have been opened abroad

By opening a foreign company or representative office, entrepreneurs can significantly save on logistics and taxes. They also provide the opportunity to obtain residence permits and access to foreign financial systems and banking procedures that are currently unavailable in Russia. Since 2022, Russian companies have opened more than 11 thousand…

Mar, 06 2024
Sole Proprietorship vs. S Corporation: Weighing the Pros and Cons

Choosing the right business structure is one of the most significant decisions a new business owner can make

Mar, 01 2024