Legal overviews
Essential amendments to labor legislation in brief
- Service: Labor and Migration Law
- Date: 03.04.2017
Starting March 1, 2017, the frequency of employer audits depends on the risk category of the employer’s activities.
Country-by-country reporting may be introduced in Russia
- Services: Wealth Management, Corporate Law / Mergers and Acquisitions
- Date: 24.03.2017
Russia continues to implement BEPS measures: Ministry of Finance proposes country-by-country reporting for international corporations.
Construction of linear facilities: when is area planning documentation not required?
- Service: Real Estate and Construction
- Date: 23.03.2017
Russian Government defines cases when preparing area planning documentation is not required for construction of linear facilities.
Measure thrice and cut once
- Service: Real Estate and Construction
- Date: 13.03.2017
Russian Supreme Court points out that area of land plot being acquired from state must not significantly exceed the area occupied by the real estate located on it.
March 20, 2017 is the deadline for CFC notifications
- Services: Corporate Law / Mergers and Acquisitions, Wealth Management
- Date: 10.03.2017
The term for filing CFC notifications is expiring.
Old song, new tune: cadastral valuation once again
- Services: Real Estate and Construction, Commercial Arbitration and out-of-court dispute resolution
- Date: 01.03.2017
Russian regions were given the power to decide on introducing a moratorium on revising the cadastral value, but few used the opportunity.
Clarifications for corporate compliance procedures
- Services: Corporate Law / Mergers and Acquisitions, Wealth Management
- Date: 08.02.2017
Rosfinmonitoring clarifies which documents confirm that a legal entity has taken measures to identify beneficiary owners.
Constitutional Court to alter practice on cases related to recovering compensation for violating IP rights
- Service: Intellectual Property (IP)
- Date: 30.12.2016
On December 13, 2016, the Constitutional Court announced a ruling on a case regarding examination of the constitutionality of Articles 1301 and 1311 and Clause 4 Article 1515 of the Civil Code of the Russian Federation (the “Civil Code”) and specified the following: in exceptional events, the courts are entitled to reduce the amount of compensation being recovered below the minimum threshold established by the law.
Restriction for residents to deposit / accept certain funds to their foreign bank accounts
- Service: Corporate Law / Mergers and Acquisitions
- Date: 19.12.2016
Under the Russian currency legislation the transactions that are not listed as the permitted ones are illegal.
Russian Ministry of Finance proposes easing obligations on declaring foreign accounts and deposits of Russian individuals
- Services: Corporate Law / Mergers and Acquisitions, Wealth Management
- Date: 14.12.2016
Russian Ministry of Finance proposes to ease rules for declaring foreign accounts and deposits of Russian individuals.