Softening of state regulation for international companies. Amendments to the Federal Law No. 290 'On International Companies and International Funds'
From April 14, 2023, a bill has been submitted to the State Duma proposing new provisions regarding the activities of international companies. Against the backdrop of sanctions imposed on the Russian Federation by unfriendly countries, the bill aims to adjust the provisions of the existing Federal Law No. 290 "On International Companies and International Funds" (hereinafter referred to as the Law) in terms of easing and softening the state regulation of international organizations.Read more
Clarifications of the Federal Tax Service on the reflection of information on a sole shareholder in the Unified State Register of Legal Entities
The Federal Tax Service of Russia has clarified that starting from April 26, 2021 in respect of a joint-stock company established by one person or a joint-stock company which, both before and after that date, began to consist of one person, information on the sole shareholder must be entered in the Unified State Register of Legal Entities.Read more