Analytics and brochures

In the last year, several amendments have been made to Russian corporate law. Most of these amendments aim to promote a favourable business environment for both foreign and Russian companies and investors, in the long run, boosting Russia’s economic growth.  

There are two reference points for a company's internal control system in terms of compliance with laws and regulations.

The latest and only amendments to the legislation regulating transfer prices were made at the start of April this year. However, the legislature failed to fulfil the hopes of taxpayers, who were anticipating that major flaws would be eliminated. Regrettably, the law as it stands contains an abundance of them. 

Russia is currently marked out by being active in making substantial changes to its legislation. Many of these have to do with growing integration in international economic, financial, scientific and legal processes. However, the new developments go beyond those directly required for joining international conventions or organisations, and are also due to various institutions filtering their way into the country’s social and political structures.

Russian migration policy traditionally aims to meet two opposing objectives.