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A ban on the initiation of bankruptcy cases on the applications of creditors is being re-introduced. The moratorium on bankruptcy is valid from April 1 to October 2022, the Government reported at a meeting. During this period, creditors cannot apply to the court for bankruptcy of a legal entity, citizen…

The Government has issued a draft law, the purpose of which is to enable highly qualified specialists (HQS) to obtain a residence permit in the Russian Federation without limitation of validity. The bill says that a foreign specialist who intends to obtain a residence permit must have more than two…

Europeans will not be deported from Russia as a retaliatory visa measure, a representative of the Russian Foreign Ministry says. The decree on retaliatory visa measures will not affect the majority of European citizens living in Russia. Earlier it was reported that the Russian authorities are considering the introduction of…

The Russian government has decided to remove restrictions on the sale of real estate in the territory of the Russian Federation by non-residents from “unfriendly” countries. These restrictions led to the suspension of financing from banks, because the approval of a special commission was required to conclude a contract for…

During 2022, the business will be exempt from almost all inspections, including scheduled ones. Unscheduled inspections will be carried out in extreme cases at a few facilities in the field of fire, medical and bacteriological control. It provides for the possibility of unscheduled inspections only after the approval of the…

The Mayor of Moscow announced the abolition of the mandatory wearing of masks and restrictions in the field of business from March 15. This decree of the mayor is posted on the official website. The epidemiological situation in the capital has stabilized, which allows us to approve the corresponding decision…

Several Russian banks will be banned from the SWIFT payment system. This will not affect those financial companies that are not subject to EU and US sanctions. We give a list of them below: 1. Tinkoff 2. Raiffeisenbank 3. Rosbank 4. Unicredit Bank 5. Citi Bank 6. Regional Development Bank…

The Cabinet of Ministers offered foreign business three options for interaction with foreign business in a situation of mass withdrawal from the Russian market. One of the options is an accelerated bankruptcy procedure against a company that ceases operations and dismisses employees. The Government of the Russian Federation has offered…

New financial restrictions of the European Union and the United States as disabling SWIFT will affect large Russian banks, such as: Sovcombank, VTB, Promsvyazbank, Otkritie, Novikombank, VEB, Russia.  SWIFT is the largest international banking system uniting over 11,000 financial institutions in over 200 countries. Russia is in 5th place on…

Labor safety. The sphere of labor protection regulates in detail what should reduce industrial injuries. The Labor Code establishes definitions of safe working conditions, danger, and occupational risk, and introduces the basic principles of safety. The rights and obligations of the employer and employee in the field of labor protection…

Recall that at the end of 2021, a law came into force that obliged all foreign citizens to undergo fingerprinting and medical examination. At the beginning of this year, the Ministry of Internal Affairs explained what certificates foreign citizens need to obtain to legally stay in the territory of the…

The government has developed a roadmap on the regulation of cryptocurrency assets. Soon, the turnover of digital currencies in Russia will be regulated by the state with strict obligations for all participants of the professional market and an emphasis on protecting the rights of unqualified investors. The government reported that…

A foreign citizen can register both an individual entrepreneur and an LLC. A foreigner can become a founder of an LLC regardless of their status. In order to register with the tax authorities as an individual entrepreneur, a foreigner must be legally located in Russia: have a temporary residence permit…

Foreign companies and citizens can open a business in Russia. There are many foreign companies operating in Russia. Depending on the needs of the business there are several types of its design. Let’s consider the main ways of working for foreign business in Russia. In accordance with the current legislation,…

In 2022, several laws in the digital sphere will come into force: electronic sick leave, electronic signature of heads of organizations, electronic document exchange system in the field of cargo transportation. In addition, several more changes are expected. 1. Changes in the electronic and digital sphere. – From 2022, sick…

Starting this year, all foreigners who have come to Russia for a long time should undergo a medical examination within 30 days from the moment of entry, which includes testing for infectious diseases and drug addiction, HIV status and fingerprinting. For fingerprinting, you will need: – Passport, – Medical certificate…