Blog
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…
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…
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.
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.
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).
“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”…
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…
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…
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…
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.
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…
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…