Alerts
29March2023
New items have been added to the existing conditions for performing transactions involving hostile non-residents disposing of shares of and membership interests in Russian Joint Stock and Limited Liability Companies
The Government Commission on Monitoring Foreign Investment in Russia has supplemented the list of conditions for carrying out transactions with a view to disposing of securities including shares of and membership interests in the issued capital of Russian business entities in which “hostile” non-residents participate.
29March2023
The Government has extended the moratorium on scheduled audits of businesses until 2030
The Russian Government has adopted Resolution No. 372 dated 10 March 2023, which extends until 2030 the moratorium on audits introduced in 2022, and provides for other specific aspects of control activities.
27March2023
The Russian Constitutional Court has expressed its position on the compensation of costs incurred by the parties to administrative proceedings that involve IP rights
The Russian Constitutional Court has adopted a Resolution establishing the possibility of costs being compensated which were incurred under administrative proceedings relating to a dispute over legal protection of IP rights and means of identification.
24March2023
The procedure is being changed for gaining access to a company’s information systems in the event of tax monitoring
On 13 March 2023 the Russian Federal Tax Service signed Order No. ED-7-23/163@, which regulates the procedure for information systems of companies applying tax monitoring to integrate with the Nalog-3 Automated Information System.
20March2023
The State Duma is preparing to pass a law which will clarify legal consequences of the invalidation of transactions with foreign investments
On 15 February 2023 the State Duma considered in the first reading a Draft Law which amends article 15 of Federal Law No. 57-FZ dated 29 April 2008 “On the procedure for foreign investments in business entities of strategic importance for ensuring national defence and state security”.
16March2023
A law has been adopted that supplements the town-planning code with provisions on the architectural and town-planning layout of capital construction facilities
On 1 March 2023 the Russian Town-Planning Code was supplemented with new provisions on the architectural and town-planning layout of capital construction facilities.
16March2023
An experiment has started in online trade in Rx-medicines
An experiment started on 1 March 2023 regarding distance trade in prescription medicines.
10March2023
A special procedure has been established for making certain transactions with securities
Further to the President’s Decree No. 138 dated 3 March 2023[1] (Decree No. 138), a special procedure has been established for performing transactions with Russian securities purchased from ‘hostile’ non-residents.
07March2023
The rules have been changed for calculating the amount of rent for federally owned land plots
Resolution No. 191 of the Russian Government Federationdated 10 February 2023 has been adopted. It has introduced material changes in the Rules for assessing the amount of rent for lands owned by the Russian.
17February2023
A new material condition has been provided for on the privatisation of premises
Pepeliaev Group advises that a law has been signed that provides for a detailed privatisation procedure for premises owned by the state or municipalities that are the sole premises used for ensuring access to other premises in a building or structure.
03February2023
A law has been adopted that expands the grounds for a “golden share” to be introduced
Pepeliaev Group advises that on 11 January 2023 a Federal Law came into force that expands the opportunities for the state’s special right to be used to participate in the corporate governance of companies (a “golden share”).
30January2023
The grounds have been clarified for carrying out unscheduled audits in the conditions of the moratorium in 2023
Resolution of the Russian Government has been adopted that has amended the procedure for organising and conducting state control (supervision), and municipal control.