Recent Developments Of Russian Law

The articles in this Newsletter address the recent changes or proposed changes in Russian legislation that may have a significant impact on the way Russian companies are audited, distribute their profits and deal with situations where the amount of a company charter capital needs to be reduced.

Dmitry Milyutin writes about the recent changes in Russian legislation adopted in December of last year that apply to situations where dividends / net profits were announced but were not distributed to shareholders / participants in Russian legal entities. In his articles Dmitry covers instances where dividends / net profits are not claimed by company shareholders / participants, as well as situations where a company itself is not acting on its announcement to distribute dividends / net profits.