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The Russian legal system has developed an important approach to the classification of cryptocurrency: property rights associated with its legal ownership and use are subject to judicial protection. This effectively recognizes cryptocurrency as an object of property rights and significantly changes the logic for resolving disputes related to digital assets….

In recent years, the Russian Federation has been consistently pursuing a policy of digitalizing migration procedures and transferring foreign citizens’ interactions with government systems to an electronic format. One of the key elements of this process is the introduction of mandatory digital entry notification for certain categories of foreign citizens….

With increasing international restrictions and growing banking compliance, cross-border settlements have become one of the most complex operational challenges for businesses engaged in international economic activity. Traditional international payment mechanisms have lost their predictability, and many previously effective systems have either ceased to function or are fraught with a high…

Setting up a company in Kazakhstan for Russians is one of the available opportunities for Russian citizens to explore new foreign sales markets without any extra legal and economic difficulties. Why do Russians choose Kazakhstan? A number of positive characteristics of this republic contribute to it…

In today’s marketplace, it takes a lot of effort for business leaders to remove barriers for cross-border business. Regular enterprises development requires quick and thoughtful decisions of the founders. One of the ways to expand activities available for private entrepreneurs and state-owned enterprises is to create a holding.

Due diligence procedure is one of the tasks of a comprehensive study of business: an audit in the course of due diligence helps to strengthen relationships for a large-scale transaction between counterparties. Also due diligence, as a rule, is applied in the case of the acquisition of a business or any large objects (for example, land or real estate).

The parties to the agreement may be exclusively subjects of international law. A foreign organization must have the rights and legal obligations to enter into this type of contract. Powers include negotiating, accepting a text, expressing consent, and executing other acts.

The liquidation of a legal entity with debt without bankruptcy is a complex multi-stage procedure that should be carried out by qualified lawyers. It requires careful compliance with law. The grounds for liquidation, as well as procedure for the enterprise and its debtors are described in a number of laws, including federal law “On Insolvency (Bankruptcy)”.

Due diligence and compliance are the procedures which are necessary for conducting any business activity. Both concepts are interrelated as they have a goal of avoiding as much as possible any legal and financial risks for the owner of organization or investor.

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.

The cost of opening a company in Russia can vary significantly depending on various factors, such as the organizational and legal form, the choice of the region, the services of legal consultants, and so on. In this article, we will take a detailed look at what the cost of opening an LLC depends on.

The sale of shares in an LLC to foreigners or companies requires careful preparation. Any transaction related to the sale of a company or its parts involves a waste of time, careful preparation of documents and study of pricing and the market. In this article, we will take a detailed look at how to make a deal to sell assets to foreigners.

Any company from abroad which is going to sell its goods and services in Russia must have here its office of some type. There are three structures that are most often chosen by foreigners: a branch, a representative office, or a limited liability company. Each of them has its own characteristics, advantages, and limitations, so in certain situations, each of them may be the better choice.

A legal entity can be liquidated voluntarily and forcibly, as well as if it is declared insolvent. In case of voluntary liquidation, the reason for such a decision can be expiration of the deadline or fulfillment of its company’s objectives. When a legal entity is forcibly terminated (for example, based on a court decision), mistakes are often made. In such cases, the owners have a question: is it possible to appeal the decision on the liquidation of a legal entity.

Wildberries isn’t just Russia’s largest online marketplace — it’s a cultural force reshaping consumer behavior across 11 time zones. With 4.5 million daily orders and a user base of 48 million monthly shoppers, this platform offers foreign sellers a direct pipeline to a market hungry for global brands.

According to Russian legislation, both foreign legal entities and individuals can create limited liability companies on the territory of the Russian Federation. At the same time, an LLC may be established by a foreign citizen independently or jointly with citizens of the Russian Federation.