Please click HERE to view the January edition of CMS, Russia Legal Digest.
IN THIS ISSUE
Corporate
— A new corporate structure has been instituted
— Federal law makes new provision for unincorporated collective investment activity
— Extrajudicial enforcement of pledges of participatory interests in LLCs to be extended to individuals
— Amendments to OJSC and LLC laws come into force
Tax
— Supreme Commercial Court opens the door to a four-year window on liability for tax offences
— Ministry of Finance states that maths and technical errors are not grounds for presenting an adjusting
VAT invoice
— Supreme Commercial Court confirms that thin capitalisation rules take precedence over taxation
treaties
— Law on accounting signed and published
— Regulations clarified on the concluding of transfer pricing agreements
— Amendments made to Tax Code in respect of new law on investment partnerships
— Government approves new VAT invoice forms
— Federal Tax Service approves new tax declaration forms
— Accounting statement forms updated
Banking & Finance
— President signs federal law on increasing the minimum requirement of a bank's own assets
— Ministry of Finance suggests simplifying the cessation of membership for a bank's founders
— Ministry of Finance proposes forbidding the opening of foreign bank branches in Russia
— Federal Service for Financial Markets approves the standard terms for agreements on futures
transactions
— Amendments made to the foreclosure procedure
Commercial
— Supreme Commercial Court clarifies how certain legislation applies to lease agreements of state and
municipal property
— Federal Service for Financial Markets receives additional authority in regulating the insurance industry
— Rules relaxed for placing state and municipal needs orders with a single supplier
— Amendments required to legislation for Russia's final accession to the WTO
— List of requirements amended for licensing pharmaceutical activity
— Supreme Commercial Court clarifies the grounds and procedure for the courts' discretionary power to
reduce penalties
Real Estate
— Simplified procedure extended once again on acquiring state and municipal land plots
— New requirements added on operating and maintaining buildings and structures
Dispute Resolution
— Supreme Commercial Court upholds the IP rights of architectural designers
— Court for Intellectual Property Disputes established
|