Further to the Russian government's measures to streamline the process of registering a business in Russia and improve corporate governance, the
Russian corporate law has recently been amended significantly. Amendments have been made to Federal Law No. 14-FZ “On Limited Liability Companies”
The amendments to the Civil Code of the Russian Federation (the "Civil Code") concerning corporate law, which entered into force on 1 September 2014
Although the tendency has been for joint investments in Russian companies to be structured through offshore entities, there are many occasions when
On 1 January 2012, amendments to federal laws on open joint-stock companies and limited liability companies came into force in respect of regulating a decrease in the charter capital of a company and the right of interested parties to have access to information on net assets.
Beginning on 1 July 2012, it will be possible to incorporate a business as a new legal entity, called an economic partnership.
On 11 October 2011, the Presidium of the Supreme Commercial Court of the Russian Federation resolved a dispute between OJSC Pavlovo-Posadskaya shveynaya fabrika clothing factory (the "Seller") and OOO Ofitser (the "Buyer") relating to the sale and purchase of a participatory interest of 44.31 in OOO Promstroyinvest.
On 18 July 2011, a federal law was adopted on amending the terms of a required reduction in the charter capital of a limited liability company ("LLC") (the "Law").
The Presidium of the Supreme Arbitration Court of the Russian Federation (the "SAC") has upheld an application by HiPP GmbH & Co. Export KG ("HiPP") for the recognition and enforcement in Russia of the decision of a foreign arbitration court.
Please note that, in accordance with the Federal Law “On Limited Liability Companies” No. 14-FZ dated 8 February 1998, limited liability companies are to hold an Ordinary General Meeting of Participants to approve their annual financial reports for 2010 not later than 30 April 2011.