Analytics and brochures
Pepeliaev Group advises that on 1 July 2015 the amendments to the Bankruptcy Law will be enacted in connection with rehabilitation procedures being implemented for debtors who are individuals. Lending institutions should consider the implications of these new provisions being enacted when granting loans to individuals.
Pepeliaev Group advises of a proposal that the requirement for mandatory registration of information in the Unified State Automated Information System be extended. Under the proposal, the requirement would also apply to producers of beer, beer-based beverages, cider, perry and mead, companies that buy, store and supply (including importing) alcohol products and products containing alcohol, as well as to retail sellers of alcohol products.
Pepeliaev Group advises that the Russian Government has adopted a Resolution which changes the Rules for selling certain types of goods.
Pepeliaev Group advises that new requirements for the personal data of Russian nationals to be kept in electronic form in Russia are being introduced as early as on 1 September 2015.
Pepeliaev Group advises that on 22 December 2014 the Russian President signed Law No. 429-FZ “On amending Federal Law 'On Circulation of Medicines'” (the “Law”). On 23 December 2014 this Law was published on the official online legal information portal (www.pravo.gov.ru).
Pepeliaev Group advises that in view of new case law, any expenses of a Russian company incurred to make payments to a foreign company within one international group of companies may not be treated as deductible for profit tax purposes.