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How to open a Public Joint Stock Company in Russia

Registration of a Public Joint Stock Company is an important step for entrepreneurs who seek to attract investment and develop their business. Opening your own company with the issue of securities is a process which is more complicated than the registration of an LLC. To understand this issue, it is often necessary to seek the services of professional lawyers. In this article we will consider in detail all the nuances of opening a PJSC and the procedure.

May, 08 2024
Creation of a closed joint stock company

The process of opening a Closed Joint Stock Company (CJSC) is similar to the procedure of opening a Public Joint Stock Company. However, there are significant differences in structure between the companies themselves. It is important to recall that since 1 September 2014, it is not possible to open a CJSC in Russia. Instead, it is possible to register a non-public joint stock company – NPJSC.

May, 08 2024
Branch of a non-public joint-stock company: what functions a separate subdivision fulfils

Today, when opening a company, a businessman can himself choose the organisational and legal form for work. Each of them has its own features and advantages. One of such methods is the creation of a branch of a non-public joint stock company (NPJSC), which allows companies to expand their presence in the market, optimise business processes and improve customer service. Here we will look at all aspects of opening a NPJSC branch office.

May, 08 2024
Common features and differences between LLCs and NPJSCs

Today, an entrepreneur can register one of several forms of organisation, each of which has its own features, advantages and disadvantages. However, there are two most common structures – limited liability company (LLC) and non-public joint stock company (NPJSC). They allow you to create your business and manage it effectively. However, it is important to consider the differences in a number of important characteristics. What are they about? Let’s talk in this article.

May, 08 2024
Russia is considering simplifying visa requirements for foreign investors

The Russian government is considering simplifying entry conditions for foreign investors willing to invest in projects from 50 million roubles. This initiative is aimed at attracting investment from friendly countries. The possible interest of foreigners will be determined by specific projects available for investment. For whom visas will be simplified…

May, 08 2024
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
Reorganisation of a Non-Public Joint Stock Company: peculiarities of the procedure, difference from liquidation

Reorganisation of a closed joint stock company or NPAO is a process in which the legal form, structure or ownership of the organisation is changed. This is necessary to optimise or change the direction of the business.

Apr, 08 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
Transformation of an enterprise into a public joint-stock company (PJSC)

Transformation of a limited liability company (LLC) into a joint stock company (JSC) is a procedure for changing the legal form of a company. Thus, the new organization will fall under the law “On Joint Stock Companies”. In this article we will describe in detail how to correctly carry out such a reorganization.

Apr, 08 2024
Accounting statements of open joint-stock companies: peculiarities of accounting for JSC (PAO)

The reporting of any joint-stock companies differs from the reporting of an LLC in a large set of forms and the requirement to conduct an audit. A number of joint-stock companies are required to submit reports to the supervisory authorities

Apr, 08 2024
Reorganisation of a joint stock company: preparation for the process and the procedure for carrying it out

Reorganisation of a joint stock company is an important stage in the conduct of business, which can occur for various reasons: from strategic changes in the company to economic necessity. The process affects changes in the management structure, legal status or even the form of ownership of the company. In this article, we will look in detail at the key aspects of changing the legal status of a JSC and the main steps that need to be taken to make the process successful.

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