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#UAE Corporate Tax Law #Sanctions. Support Measures #COVID-19

The role of digital companies and platforms in the modern market economy has greatly increased. They began to occupy dominant positions, influence the real sector, which in turn increases the risks for competition. In order to reduce them, ...

Open questions on the implementation of parallel import: the case of the pharmaceutical industry

The issue of whether parallel import may be made legal in Russia has been discussed over the past several years. However, since the beginning of March the mere discussion has transformed into practical effort, i.e. the following regulations...

The procedure of issuing permissions for transactions (operations) with respect to membership interests in llcs involving non-residents from hostile states

The Russian Government has determined the procedure for the Government Commission on Monitoring Foreign Investment in the Russian Federation (the ‘Government Commission’) to issue permissions for transactions (operations) with respect to me...

Amendments to the List of goods (groups of goods) permitted for parallel import

Public discussions are being held of the draft amendments to the List of goods (groups of goods) to which the provisions do not apply of articles 1359(6) and 1487 of the Russian Civil Code, provided that these goods (groups of goods) are...

Restrictions have been introduced on transactions (operations) being completed in relation to membership interests in the charter capital of Russian LLCs

Starting from 8 September 2022, Decree No. 618 of the Russian President dated 8 September 2022 has established new requirements for completing transactions (operations) the subject matter of which are membership interests in the cha...

A simplified procedure for documenting the termination of activity of small and medium-sized companies may be introduced from 1 july 2023

The State Duma has adopted in the first reading a draft law that enables companies classified as small and medium-sized enterprises that meet a number of criteria to terminate their activity in accordance with a simplified procedure w...

Roskomnadzor has explained to operators the procedure for sending notifications about the processing of personal data and has published some forms of electronic notifications

Commonly abbreviated in Russian as “Roskomnadzor” or “RKN” has issued clarifications on the timeframes for operators to send notifications about the processing of personal data. The authority has also published electronic forms for...

Overview of tax events for August 2022

In the issue: the Russian Ministry of Digital Development, Communications and the Mass Media has published the results of online meetings with representatives of the IT industry regarding the law on amendments to the Russian Tax Code.

Amendments to the Russian Civil Code on immovable things have come into force

Pepeliaev Group advises that, on 1 September 2022, Federal Law No. 430-FZ “On amending Part I of the Civil Code of the Russian Federation” dated 21 December 2021 (“Law No. 430-FZ”) came into force with respect to the legal regulation of...