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Joint venture companies, being one of the forms of doing business, despite the sanctions and the tense political situation on the world stage

In 2018 Russia adopted Federal Law 290-FZ on International Companies and International Funds, which introduced the possibility for foreign companies to 'redomicile'...

On December 22, 2023, President Biden signed a new Executive Order containing the latest round of sanctions against the Russian Federation. Shortly thereafter, Treasury Secretary Janet Yellen stated that the Office of Foreign Assets Control will take "decisive" and "surgical" action.

On August 14, 2018 the Federal Law On Amendments to the Federal Law On Seaports in the Russian Federation and Amendments to Certain Legislative Acts of the Russian Federation (hereinafter the "Law")

As Russia's war against Ukraine enters its fourth year, the Council of the European Union (the "Council") unanimously adopted its 16th sanctions package on 24 February 2025.

The UK has introduced sweeping changes to its sanctions framework through new Russia-related designations and comprehensive legislative amendments affecting multiple regimes. These developments include expanded end-use controls, revised licensing grounds, and updated reporting thresholds that fundamentally alter compliance obligations for businesses operating in sanctioned sectors.

Shareholder disputes in Russia, as elsewhere in the world, are among the most sensitive and disruptive in their implications for business. A corporation based on agreement and trust between partners...

Companies are included in the list of system-forming organizations by means of a decision taken by the Russian Government Commission.

Russia is facing potential restrictions of foreign ownership in digital companies. This follows similar restrictions over Russian mass media companies and online cinemas which took effect in 2016

Russia has introduced reduced pension and social insurance contribution rates for IT and technology companies, in addition to the reduced rates introduced in April 2020 for SMEs.

The expanding strategic partnership between Russia and China, reflected in growing bilateral trade, brings significant opportunities for Chinese businesses across sectors...

The legislation that had previously regulated this area has been significantly revamped, and investors planning to conclude a SPIC would do well to keep in mind the following main changes:

There's a risk of non-compliance in Russia when special purpose vehicles (SPVs) – also known as specialised entities – lack knowledge on the definition of charter activities.

The UK Bribery Act 2010 (the "Act"), which came into legal effect on July 1, 2010, overhauled the UK’s arguably outdated corruption legislation and introduced a tough new regime that in some ways is more stringent and broader than the U.S. Foreign Corrupt Practices Act.

In recent years, Russian State authorities have been greatly concerned about the efficiency of enforcement measures, imposed on foreign companies which have no legal presence in Russia.

It happened in an instant. Almost overnight Russia, the world's eleventh-largest economy, was transformed from an important player in global financial markets

Die erhebliche Ausweitung der US-Sanktionen gegen Russland stürzt viele deutsche und europäische Unternehmen in ein Dilemma. Auf der einen Seite haben die Sanktionen extraterritoriale Wirkung.