The Commercial Court of the North Caucasus Region delivered a ruling in the case of Bonduelle-Kuban, in which the court upheld the judgments of the lower courts and supported the position of the tax authority...

The Russian government has recently passed a new foreign agent law, in effect immediately as of December 2019, that prescribes the status ...

On 1 January 2019 Federal Law 231-FZ of 29 July 2018 will come into force, enabling the tax authorities to request client-related documents from auditors which constitute 'auditing secrets'.

On May 1, 2016 Russia's President signed Federal Law No. 130-FZ on Amendments to Part One of the Russian Federation Tax Code. The Law is generally intended to improve communication between taxpayers and the tax authorities...

Like the rest of the world, Russian authorities have adopted anti-crisis measures to support companies affected by reduced business activity and forced restrictions implemented to stave off the spread of COVID-19.

On April 28, 2009, the president of the Russian Federation signed into law amendments to the Russian Law on Insolvency (Bankruptcy) of October 26, 2002 (Federal Law No. 127-FZ) (the “Insolvency Law”) that should be considered by all creditors doing business with financially troubled Russian companies, directors and other controlling persons of Russian companies, and participants in the market for distressed Russian assets.

On January 1, 2012, new internal funds (capital) requirements came into force, requiring the amount of internal funds (capital) to open a new bank to be 300 million rubles.

Companies operating in Russia, or looking to expand their business there, need to be aware of several accounting and tax regulatory changes which could impact their enterprise.