Insights
Insights
legal updates
10 / 11 / 2023
The recently introduced draft law that has just been introduced in the State Duma of the Russian Federation proposes to provide for the possibility of allocating shares in the exclusive right to intellectual property assets and to create a mechanism for the disposal of such shares. These amendments, if enacted, may have a significant impact on the structuring of joint ventures and on the early phases of structuring relationships between the founders of technology companies. They may also affect the structuring of M&A transactions where intellectual property plays a major role.
legal updates
07 / 11 / 2023
The August Decree of the Russian President suspended certain provisions of tax treaties between the Russian Federation and 38 countries (“DDT”). The Russian Government has outlined measures to reduce the impact of the DTTs suspension on the Russian economy. In particular, it was suggested that an exemption from or a reduced corporate profits tax rate be established for certain types of income paid to those foreign companies that have previously been subject to an exemption from withholding taxation or a reduced withholding tax rate. Read further in our legal update.
legal updates
02 / 11 / 2023
The Moscow District Arbitrazh Court upheld the position of the lower courts in relation to the validity and enforceability of the sanctions clause. Read further in our legal update on the relevance of the case and the court’s findings.
legal updates
26 / 10 / 2023
Recent legislation changes have obliged owners of websites, applications and other online resources using recommendation algorithms, to inform users of the work of the algorithms and to publish the respective rules in Russian on their resources, making them freely available to the public on a free-of-charge basis. Read more about the new requirements in our legal update.
legal updates
20 / 10 / 2023
On 1 September 2023, the provisions of more than 600 federal laws became effective. Our team has analysed the major regulatory changes in the intellectual property and technology area.
legal updates
17 / 10 / 2023
Export duties put in place from 1 October 2023 in relation to broad range of goods: what should exporters bear in mind? Read further in our legal update.
legal updates
11 / 10 / 2023
At the end of summer 2023, amendments to Federal Law No. 7-FZ of 12 January 1996 “On Non-Profit Organisations” were introduced: the current version of art. 30.1 now prohibits not only civil and municipal servants, but also natural persons and legal entities from taking part in the activities of a foreign non-profit organisation that does not have divisions in Russia. To find out what has changed, how it relates to IP, what liability is stipulated, and what to expect, read our team’s latest legal update.
legal updates
10 / 10 / 2023
On 30 September 2023, new restrictions on importing iron and steel products of Russian origin into the European Union and the United Kingdom entered into force. Read more in our legal update.
legal updates
09 / 10 / 2023
On 3 October 2023, the Constitutional Court of the Russian Federation passed resolution No. 46-P regarding the constitutionality of article 131(1) of the Russian Civil Code and article 14(2)(5) of the Federal Law “On the Public Registration of Real Property” in connection with a complaint brought by Ms T. V. Solodovnikova. The importance of this judicial resolution is such that it is only the second time that the Russian Constitutional Court has decided to address the issues of private arbitration. Read further in our legal update.
legal updates
18 / 09 / 2023
The Subcommission of the Government Commission for Control over Foreign Investment in the Russian Federation established that foreign “unfriendly” shareholders may be entitled to receive profits of Russian companies in circumvention of the special procedure and without the approval of the Ministry of Finance of Russia, subject to certain conditions. Read more in our legal update.
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