Investments by foreign companies in Russia often involve capital expenditure and the acquisition of extensive plots of land for construction and other purposes. However, Russian legislation is silent on certain issues relating to payment of land tax, leaving lawyers and companies reliant on decisions of the arbitrazh (ie, commercial) courts.
Lidia Gorshkova, attorney and head of the banking practice at Pepeliaev Group explains the procedure for buying out shares from minority shareholders in accordance with legislation and the formalities that must be observed during the transaction.
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– conducting preliminary and comprehensive searches from the perspective of IP novelty;
– registering, renewing and cancelling state registration of IP assets;
– drafting and filing applications for IP registration;
– renewing trademark registrations;
– representing clients in trademark opposition proceedings;
– registering trademarks with the customs authorities exercising control over imports;
– monitoring the current status of clients’ trademark portfolios;
– drafting and filing applications and objections against third parties’ objections to trademarks.
For production to be arranged in Russia, the relevant manufacturing equipment may need to be developed and made abroad. As the business subsequently operates, the chemical components needed to manufacture nanobitumen may have to be imported. Because this is an innovative product, it is highly likely to be in demand in foreign countries. As a result, the business that has been created will be active in carrying out import and export operations.
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