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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.
The growth of international trade, investment activity, and cross-border projects is clearly increasing the number of commercial disputes between companies from different jurisdictions. In this context, alternative conflict resolution mechanisms to state courts, primarily international commercial arbitration, play a particularly important role. A key element of such a system is…
The Russian legal system is preparing a comprehensive overhaul of its out-of-court business dispute resolution mechanisms. The proposed changes are aimed at reducing the burden on state courts, expediting conflict resolution, and creating a more flexible and cost-effective infrastructure for protecting the rights of business participants. The reform’s focus is…
International commercial arbitration stands as one of the most pivotal and sought-after mechanisms for resolving cross-border commercial disputes. It embodies a blend of flexibility, confidentiality, and predictability—qualities that are particularly crucial amid an unstable international landscape and complex business operations.
Commercial courts are a cornerstone of resolving economic disputes and conflicts among entrepreneurs in Russia. Through this system, businesses are able to safeguard their interests, restore violated rights, recover debts, and challenge unlawful actions by public authorities or business partners – all within the framework of the Russian Commercial Court…
The development of digital financial instruments is gradually transforming traditional corporate models. One of the most notable trends is the use of digital financial assets for the issuance and accounting of shares in private joint-stock companies. This model involves the creation and circulation of share capital exclusively in a digital…
Negotiations between delegations of the Ministries of Finance of Russia and the UAE have been finalised in Dubai, resulting in the signing of a new draft Agreement on Avoidance of Double Taxation of Income and Capital and Prevention of Tax Evasion. On the Russian side, the agreement was initialled by…
The choice of jurisdiction for starting a business determines the regulatory environment, tax burden, administrative requirements, and potential for subsequent scaling. Dubai has strengthened its position as one of the most attractive international centers for entrepreneurs in recent years thanks to its flexible regulations, developed infrastructure, and focus on the…
Traditional financial institutions have initiated a discussion regarding the practice of offering discounts to users when paying for purchases using branded cards and e-wallets on digital platforms. They believe such mechanisms could create an advantage for ecosystem-based financial institutions and limit competition. Representatives of online platforms and a number of…
Contents: What Constitutes Negotiation in the Pre-Trial Process How It Differs from Mediation The Procedure for Resolving a Dispute Through Negotiation Why Reaching an Agreement Matters Conclusion Resolving a dispute through negotiation is one of the simplest, swiftest, and most civilized means of settling a conflict without resorting to litigation….
The regulation of corporate relations continues to rapidly evolve, and courts are increasingly focusing on cases where a legal entity effectively ceases operations without paying off its creditors. The problem is compounded by the fact that deleting a company from the Unified State Register of Legal Entities (USRLE) does not…
Digital commerce regulation continues to evolve, with pricing controls on marketplaces becoming a key focus. The growth of online platforms, their impact on consumer behavior, and the competitive landscape necessitate a rethinking of approaches to protecting consumer rights and ensuring market transparency. In this regard, the financial market regulator has…
