Analytics and brochures

Pepeliaev Group wishes to bring to your attention the fact that the Russian Government has introduced into the State Duma the Draft Law On Combating Illegal Financial Transactions (Draft Law № 196666-6), which, among other changes, enhances the level of controls over, and establishes criminal and administrative liability for violations in the sphere of countering legalization of proceeds from crime and terrorism financing.

Pepeliaev Group advises that additions have been made to the Russian Government’s Resolution No. 863 dated 28 December 2004, under which the rates of customs charges are reduced by 25% when a declaration is filed electronically.

Pepeliaev Group reports that amendments have been made to the requirements for obtaining a work permit by foreign employees who arrive under a visa-free regime in the Russian Federation and intend to work in the sphere of housing and utilities, retail trade or public amenities.

Amendments have been made to the Methodology for manufacturers of medicines to set maximum sale prices for medicines included in the list of vital and essential medicines approved by Order No. 961n/527a of the Russian Ministry of Health and Social Development and the Federal Tariffs Service dated 3 November 2010.

Pepeliaev Group advises that on 29 January 2013, the Presidium of the Russian Supreme Commercial (‘Arbitration’) Court (the “SAC”) will consider the regime for calculating the tax base for mineral extraction tax (“MET”) if, in addition to minerals for which the tax base is cal-culated using the estimated method, the company extracts minerals for which the tax base is de-termined using other methods.

The new requirements for personal data protection were approved by the Russian Government’s Resolution No. 1119 dated 1 November 2012 (the “Resolution”), which was published on 7 November 2012 in official journal Rossiiskaya Gazeta.