Analytics and brochures

Pepeliaev Group advises that draft law No. 953580-7 is pending its first reading in the Russian State Duma (the lower house of the Federal Assembly of Russia). Article 9 of the draft law contains provisions concerning the granting to debtors to which the moratorium applies of a court instalment plan in bankruptcy cases for the purpose of settlements with creditors.

On 11 May the Russian President held a meeting concerning the sanitary and epidemiological situation, announcing further measures to support the population and business, and officially terminating the period of “non-working” days that had been previously introduced.

Pepeliaev Group advises that on 12 May 2020 the State Duma considered in the first reading draft law No. 953580-7 (the “Draft Law”) which stipulates, among other things, a tenant’s right to unilaterally withdraw from a commercial lease without any penalties and to extend leases for public immovable property.

Pepeliaev Group advises that a number of judicial acts have been adopted to clarify the ways of participating in court hearings online (without attending the court in person).

Pepeliaev Group advises that: Russia has completed internal procedures necessary for beginning the use of the Multilateral Convention (MLI) with separate countries that are partners with the Russian Federation under double taxation treaties (DTTs); the Procedure of conducting mutual agreement procedures within the framework of DTTs is planned to be specified; the format for notifying participation in an international group of companies (IGC) has been changed; an opportunity has emerged to submit notifications of participation in foreign companies and unincorporated foreign structures through a personal account of the taxpayer and the ‘Nalogi FL’ mobile application.