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ARTICLE · 09 AUGUST 2021

Coronavirus – New Measures Affecting Business

On 1 April 2020, the President of the Russian Federation signed Federal Law No. 98-FZ On Amendments to Certain Legislative Acts of the Russian Federation on Disaster Management and Emergency Response...

RussiaCoronavirus (COVID-19)

On 1 April 2020, the President of the Russian Federation signed Federal Law No. 98-FZ On Amendments to Certain Legislative Acts of the Russian Federation on Disaster Management and Emergency Response, which introduces a number of measures in different areas to support businesses during the COVID-19 pandemic (the "Law"). Furthermore, on 7 April 2020, the President of the Russian Federation signed Federal Law No. 115-FZ On Amending Certain Legislative Acts of the Russian Federation, which, among other things, introduces a number of changes to companies' corporate procedures. These measures and changes include:

  • deferral of rent payments and reduction of rent in the event a state of high alert or emergency is declared

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