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23
September
2015

Overview of the fourth antimonopoly package: key changes in the electrical energy sector

The draft Federal Law No. 602468-6 “On Amendments to the Federal Law – On Protection of Competition, other legislative acts of the Russian Federation and invalidating certain provisions of legislative acts of the Russian Federation” (hereinafter – the Draft Law, fourth antimonopoly package) was adopted on 16 September, during its second reading, by the State Duma of the Russian Federation.

BigpowerNews
15
September
2015

Review of government decree dated 04 September 2015 No. 941 “On the powers of the FAS Russia in the sphere of natural monopolies”

In connection with the discontinuation of the Federal Tariff Service of Russia, and the transfer of its powers to the FAS, the government has approved the appropriate changes to their own legal acts. The relevant government decree No. 941 “On amendments to, and repeal of, certain acts of the Government of the Russian Federation, in connection with the abolition of the Federal Tariff Service and the approval of the Rules on the adoption by the Federal Antimonopoly Service of decisions on determining (establishing) prices (tariffs) and (or) their limit levels in the field of natural monopolies and other regulated entities”, was signed by Russian Prime Minister Dmitry Medvedev on 04 September 2015.

BigpowerNews
23
July
2015

Recognition of debt after the expiry

On June 1, 2015 came into force the next set of amendments to the Civil Code. One of the most important stories in this section affects the ratio of the limitation period and the recognition of the debt liable party.

EZH-Yurist
22
June
2015

The Tax Code has received new amendments

The Federal Law of 08.06.2015 № 150-FZ & nbsp; introduced further changes in the first and second parts of the Tax Code, the majority of which came into force from the date of publication of the law. The main amendments relate c taxation of controlled foreign companies symmetrical adjustments of the controlled transactions, as well as an increase in the threshold value of the property for the recognition of its depreciable. & Nbsp;

Business and Life
22
September
2015

Overview of changes to legislation in July-August 2015

This summer, the Russian State Duma adopted a number of important laws, some of which will be introduced to you in the new survey. With the adoption on 01 July 2015 of the law on PPP, new players may appear on the established concession projects market, which will come out with new initiatives in the PPP field. Moreover, the novel amendments in this law will have a significant impact on regional PPP-projects markets. Employees will now be able to apply for recognition of their employer as insolvent (bankrupt). For actions that have caused failure to fulfil obligations under a state contract, and cause substantial harm to legally protected interests of society and the state, severe administrative fines will be levied. Legal entities registered in a territory, not requiring the disclosure of information on financial operations in relation to legal entities, are prohibited from participating in state tenders. Citizens of the Russian Federation, starting from 01 January 2016, will have the so-called “right to be forgotten” – the right to require an operator of a search engine on the Internet to stop the issuance of links that allow access to personal information.

Alexander Sitnikov, Managing partner
Business of Russia
7
September
2015

Foreign business in Russia

In 2015, many events took place in the Russian tax legislation sphere, and new trends were formed in judicial practice involving tax disputes, which, on the one hand, allows us to consider Russia as a very promising market for investments, providing significant tax incentives, in comparison with other countries, but on the other hand – it requires more fine tuning of one’s business.

Yuriy Ivanov, Head of Tax practice
EZH-Yurist
16
July
2015

Overview of changes in the legislation in May - June 2015

In the new review, we present you some of the important changes in the law that have occurred in the areas of public procurement, corporate and tax law. <br>

Сollective of authors, VEGAS LEX
Alexander Sitnikov, Managing partner
Business of Russia
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