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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….
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
The Government of the Russian Federation proposes to oblige all foreign citizens coming from the EAEU countries for the purpose of carrying out work activities in Russia to undergo a number of the following procedures: fingerprint registration; photography; biometric identification; medical examination. All labor migrants staying on the territory of…
Temporary identity card (TIC) of stateless persons is a novelty of the Russian legislation. TIC is a document that is issued to a stateless person to confirm his identity and temporary stay on the territory of the Russian Federation. A stateless person will be able to apply for the specified…
