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B2B: New Trends in Bankruptcy Proceedings in Russia

The ongoing crisis in the Russian economy has had a significant impact on the practice of applying bankruptcy law and on its development. This is amply demonstrated by the increase of around a 30% growth in bankruptcy cases in 2014. The amount...

Overview of tax events for February 2015

An amended draft law has been put before the State Duma which makes the term “controlled indebtedness” more specific when interest under debt obligations is included in expenses (the “thin capitalisation” rules).

Stephenson Harwood hosts roundtable to discuss the impact of new russian cfc rules

Last night, international law firm Stephenson Harwood LLP hosted a roundtable event focusing on how Russia is introducing fundamental changes to its tax legislation by adopting new rules on controlled foreign companies (CFCs). The new rules...

Extension (until 31 December 2015) of the term of the industry tariff agreement for companies in the oil refinery industry and in the system for supplying oil products in Russia

At the federal level in Russia, an Industry Tariff Agreement (the "Agreement") was adopted for 2012-2014 for companies in the oil refinery industry and in the system for supplying oil products in Russia. The Agreement sets additional...

Extension (until 31 December 2015) of the term of the industry tariff agreement for companies in the chemical, petrochemical, biotechnological and chemical and -pharmaceutical industries in Russia

At the federal level in Russia, an Industry Tariff Agreement (the "Agreement") was adopted for 2012-2014 for companies in the chemical, petrochemical, biotechnological and chemical and pharmaceutical industries in Russia. The Agreement...

Restrictions have been set in terms of admitting certain categories of medical devices to state and municipal procurement processes

Pepeliaev Group advises that Resolution No. 102 of the Russian Government “On restricting the admission of certain categories of medical devices originating in foreign countries for the purposes of procurement for state and municipal...

Restrictions have been set in terms of admitting certain categories of medical devices to state and municipal procurement processes

Pepeliaev Group advises that Resolution No. 102 of the Russian Government “On restricting the admission of certain categories of medical devices originating in foreign countries for the purposes of procurement for state and municipal ...

Substantial legislative amendments are being prepared with a view to placing restrictions on the issuing of licences to produce and circulate alcohol, and to make liability harsher if the production and circulation of alcohol is not duly declared

Pepeliaev Group advises that the State Duma has accepted for consideration a draft law under which, if licences to produce and circulate ethyl alcohol, alcohol and products containing alcohol are revoked, or are terminated early after being...

Regulating dealer activities on the Forex market and foreign organisations operating on the securities market

Pepeliaev Group advises that on 1 October 2015 Federal Law No. 39-FZ dated 22 April 1996 "On the securities market" (the "Law") will be amended. The amendments concern activities of foreign financial institutions on the ...

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