Analytics Legal analytics

12 July 2022	Infographic "Anti-crisis measures. Limits set on foreign exchange transactions" Experts from VEGAS LEX have visualised foreign exchange restrictions that are regularly introduced since the end of February of this year as special economic measures. Bird’s-eye view at the entire system of restrictions will reduce the business’s regulatory risks. It is especially useful when the requirements for foreign exchange transactions are changing almost daily. Natalia Abtseshko, Head of International projects group Yuriy Ivanov, Head of Tax practice Ilya Shengeliya, Compliance Counsel * * I hereby give my consent for the processing of my personal dataAgreement Send
25 May 2020	SPIC 2.0: Making the First Move The Ministry of Industry and Trade of Russia declared that from May 25 to June 5, 2020 investors may apply for including their technologies into the list of high technologies. This list is the most important element required for the new special investment contract (SPIC) model to function. Alexander Sitnikov, Managing partner Maxim Grigoryev, Partner, Head of Southern directorate, Head of special projects Alexandra Vasyukhnova, Partner, Head of Technology and Investment group Natalia Abtseshko, Head of International projects group Artem Gasparyan, Senior associate of Southern directorate * * I hereby give my consent for the processing of my personal dataAgreement Send
21 August 2017	Anonymizers and VPN services are banned. How should the new rules be applied for business-related purposes? On July 30th, 2017, the Russian President signed Federal Law No. 276-FZ dated July 29th, 2017 "On Introducing Amendments Into the Federal Law on Information, Information Technologies and Information Protection". The Amendments, among other things, prohibit using technologies, information systems, and programs that permit getting around blocked sites with banned content to which access is restricted inside Russian borders. The legislative innovation will only apply to those anonymizers, VPN services, and other programs that provide access to online resources and information and telecommunication networks to which access has been blocked by the Federal Service for Oversight in Communications, Information Technologies, and Mass Communications. Natalia Abtseshko, Head of International projects group * * I hereby give my consent for the processing of my personal dataAgreement Send

19 April 2022	SPIC 1.0. Investors are given back the proven mechanism and the right to extend contracts due to the sanctions On 14 March 2022, a law came into force reviving the SPIC 1.0 mechanism for new investment projects, and allowing extending the terms of contracts already concluded due to foreign sanctions. The amendments were developed by the Government as part of a package of anti-crisis measures. As part of the development of this law, the Government has also clarified the rules for concluding SPIC 1.0. The updated rules came into effect on 1 April 2022. Alexander Sitnikov, Managing partner Maxim Grigoryev, Partner, Head of Southern directorate, Head of special projects Alexandra Vasyukhnova, Partner, Head of Technology and Investment group Natalia Abtseshko, Head of International projects group Artem Gasparyan, Senior associate of Southern directorate * * I hereby give my consent for the processing of my personal dataAgreement Send
13 August 2019	SPIC 2.0: Mechanism for development of innovations and introduction of modern technologies On 2 August 2019, the President of the Russian Federation signed a legislative package concerning significant reforms for the mechanism of special investment contracts. Amendments refer to legal regulation in industrial policy and affect tax and fiscal legislation. In this review, VEGAS LEX experts have analyzed changes, goals and prospects of the updated SPIC mechanism. Alexander Sitnikov, Managing partner Maxim Grigoryev, Partner, Head of Southern directorate, Head of special projects Alexandra Vasyukhnova, Partner, Head of Technology and Investment group Natalia Abtseshko, Head of International projects group Artem Gasparyan, Senior associate of Southern directorate * * I hereby give my consent for the processing of my personal dataAgreement Send
13 October 2016	The alcoholic products market: actual problems, regulation, litigation The alcohol market occupies a leading position among the other branches of the food sector in Russia, bringing considerable income into the state budget. During the years 2012-2014, as a result of a sharp increase in excise rates on alcoholic beverages, and the general deterioration of the economic situation, retail sales of alcohol in Russia decreased by almost one quarter, due to outflow of consumers to the illegal sector. In this regard, the Federal Service for the Regulation of the Alcohol Market in Russia has taken a number of measures, which in 2015, were able to halt the decline in retail sales of alcoholic beverages Natalia Abtseshko, Head of International projects group * * I hereby give my consent for the processing of my personal dataAgreement Send

Back to top