Legal overviews
Starting from December 21, 2016, companies will be obligated to disclose information on their beneficial owners
- Service: Corporate Law / Mergers and Acquisitions
- Date: 05.07.2016
On June 23, 2016, a law was adopted forcing companies to obtain, renew, store and provide on request of state bodies the information on their beneficial owners.
Forewarned is forearmed: coming changes in tax inspections and tax documents
- Service: Corporate Law / Mergers and Acquisitions
- Date: 26.05.2016
On June 2, 2016, Federal Law No.130-FZ “On amending Part I of the Tax Code of the Russian Federation” dated 01.05.2016 (hereinafter the “Law”), amending and clarifying the provisions of the Russian Tax Code as regards tax inspections and tax documents, entered into force.
Environmental fee rates are approved
- Services: Natural resources / Energy, Food industry, Corporate Law / Mergers and Acquisitions
- Date: 19.05.2016
Environmental fee to be paid by goods manufacturers and importers which do not independently dispose of waste formed due to use of the goods
Recent changes in microfinance legislation: March 2016
- Service: Corporate Law / Mergers and Acquisitions
- Date: 28.03.2016
Over the past few years there has been a significant increase in the number of microfinance organizations in Russia (MFO). Some organizations were aiming at generating high income on interest and penalties, other organizations (primarily retailers) regarded MFOs as an instrument to increase sales of their products.
Import substitution in operation
- Services: Health Care and Pharmaceutical Industry, Corporate Law / Mergers and Acquisitions
- Date: 10.03.2016
2016 began for the pharmaceutical sector with introduction of new state support measures for Russian pharmaceutical companies and with additional requirements for pharmaceuticals produced by foreign companies
Will your shareholders' agreements need to be revised?
- Service: Corporate Law / Mergers and Acquisitions
- Date: 04.03.2016
On December 29, 2015, Russia passed a piece of legislation according to which all disputes connected with corporate governance in a Russian company may only be submitted to an arbitration court (as opposed to the state commercial court), except for the following disputes:
- Convening of general meetings of shareholders;
- All corporate disputes in respect of the companies with strategic importance;
- Buy-out of shares in joint stock companies;
- Expulsion of shareholders from the company.
News in regulating document workflow in the course of state registration of legal entities starting from January 1, 2016
- Service: Corporate Law / Mergers and Acquisitions
- Date: 04.02.2016
Starting from January 1, 2016, a new procedure for involving notaries in submission of documents for state registration of legal entities became effective.
How 2016 started for LLCs and non-commercial organizations
- Service: Corporate Law / Mergers and Acquisitions
- Date: 01.02.2016
The first month of 2016 was marked by certain amendments to corporate law, which have taken effect. Here we draw your attention to the most important and interesting ones.
Amendments to corporate legislation
- Service: Corporate Law / Mergers and Acquisitions
- Date: 10.07.2015
Federal Law No.210-FZ “On amending certain regulatory acts of the Russian Federation and declaring void certain provisions of the regulatory acts of the Russian Federation” and Federal Law No.209-FZ “On amending certain regulatory acts of the Russian Federation as regards allowing legal entities to use standard charters” enter into force
Tax news: trade fee takes effect in Moscow
- Service: Corporate Law / Mergers and Acquisitions
- Date: 06.07.2015
From July 1, a trade fee is established for Moscow, making it mandatory for organizations and entrepreneurs who pay the fee to provide a notification to the tax authority to be placed on record as a payer of the trade fee.