This alert, part two in the series, reflects the new legal regime of the Russian LLCs.

On 1 September 2023, Decree of the Government of Russia No. 754 dated 16 May 2023 On Approval of the Rules for the Localisation of Agricultural Plant Seed Production in the Russian Federation...

A new draft bill, popularly backed by Russia's IT community, was introduced in the Russian State Duma in early 2020 on implementing an experimental legal framework ...

The procedure for decreasing the charter capital of a limited liability company (LLC) and certain regulations regarding monitoring and calculating net assets of LLCs and joint stock companies (JSC) were recently significantly modified.

At the end of February 2017 the U.S. Securities and Exchange Commission ("SEC") published the Guidance Update No. 2017-02 (the "Update")...

A key aspect that differentiates joint stock companies (JSC) from limited liability companies (LLC) and other business entities is the ability of a JSC to issue securities to raise capital.

On August 6, 2018, the general director and other employees of Rosbet LLC were detained on charges of having committed the crime envisioned by clause "a", part 3, Art. 171.2 of the RF Criminal Code ...

Under a construction contract, the contractor undertakes to construct a building or a structure or perform other constructions works in accordance with the instructions of the customer, and the customer undertakes to create necessary conditions for the performance of the works (i.e. to provide the land plot, to ensure transportation access to the site, to ensure electric power and water supply, etc.), accept the result and pay the price.

A new regulation on opening and closing branches and representative offices of non-Russian companies shall come into force in Russia.

On 6 August 2020, the Russian Federal Tax Service published Letter No. SHU-4-13/12599@ "On certain issues regarding taxation of intra-group services" (the "Letter") ...

On July 8, 2015, the Presidium of the Federal Antimonopoly Service of Russia (FAS Russia) provisionally approved the idea of changes to the RF Law on Protection of Competition.

Russia has introduced amendments to certain legislative acts, namely Law No. 106-FZ. This impacts foreign companies in the Russian Federation.

On 1 September 2014 a long-awaited major set of amendments into the Russian Civil Code regarding regulation of legal entities took effect.

In recent years, intragroup services provided by foreign parent companies to their Russian subsidiaries have come under the scrutiny of the tax authorities.

Recent draft amendments to the Law on Joint-Stock Companies (the "JSC Law") propose to increase the information that a joint stock company ("JSC") must provide to its shareholders when requested and extends the terms for holding extraordinary shareholders’ meetings.

Building Savings Banks (BSBs") may be introduced into Russia based on the German 'Bausparkasse' model.

In response to the fact that the majority of foreign companies have decided to withdraw from the Russian market, the Government has implemented various restrictions on operations...

On 21of October, the Draft Law "On Amendments to Parts One and Two of the Tax Code of Russian Federation", was adopted in the second reading. second reading in the State Duma.

These are contracts used in the context of developing construction documentation.