The Russian President has signed a law that will improve VAT refunds under the declarative regime. In particular, there has been a reduction from RUB 10 billion to RUB 7 billion in terms of the minimum amount of taxes paid in the three cale...
To determine whether it is necessary to assess the market value of the target of a contested transaction to prove that the debtor’s consideration is inadequate, one should take account of the circumstances of the case (Ruling No. 304-ES15-3591...
Pepeliaev Group advises that, from 1 January 2016, restrictions will be imposed on the establishment of mass media entities by foreign entities and Russian companies with foreign membership.
At the end of 2014, part four of the Civil Code of the Russian Federation, which deals with intellectual property, was significantly updated. Since many of the amendments were conceptual in nature, there was a need for a substantial reworking...
On the federal level , an Industry Agreement for Textile, Consumer Goods and Porcelain and Earthenware Companies for the period 2015-2017 has been adopted. This Agreement sets out additional obligations. The Agreement automatically covers c...
Pepeliaev Group advises that, on 10 December 2015, a Resolution of the Russian Government (the 'Resolution') will take effect that sets restrictions on and conditions for the medicines which are on the list of vital and essential medicines ...
Further to our alerts regarding the ban on ”zayomniy trud” in Russia, please be informed that the applications for accrediting private employment agencies to have the right to provide employees’ (personnel’s) labour are already ...