According to a new Russian law, legal entities have to obtain and keep information on their beneficial owners, and to renew this information on a regular basis (at least once a year)
Leaders League publishes an interview with Mikhail Kazantsev.
On October 12, 2015, Federal Law of July 13, 2015 No. 212-FZ “On the Free Port of Vladivostok” (the “Free Port Law”) entered into force.
Zakon publishes an article by Dmitry Stepanov.
Russia’s Federal Law “On Individuals’ Voluntarily Declaring Assets and Accounts (Deposits) with Banks and on Amending Certain Legislative Acts of the Russian Federation” - a law broadly known as the “Capital Amnesty Law” - was adopted on June 8. Under the amnesty, taxpayers are able to declare their foreign assets by filing a special declaration with Russia’s tax authorities. Meanwhile, the state guarantees a waiver of tax proceedings related to the assets declared. Mikhail Kazantsev, a member of the taskforce charged with developing the draft law and a partner at EPAM, whose experts deal with applying the capital amnesty and act as public business ombudsmen, spoke with RAPSI about what had come out of it and how it might operate in practice.
Zakon publishes an article by Dmitry Stepanov.
Zakon publishes an article by Evgenia Evdokimova.
On September 2, 2014 the Russian Ministry of Finance posted the third revision of the draft law on taxation of controlled foreign companies - CFCs (hereinafter the “Draft Law”) on its site.
On May 7, 2014 high-importance amendments were introduced to the Russian Civil Code with regard to legal entities (the Law). The amendments will take effect on September 1, 2014.
The XBMA Forum publishes an article by Viatcheslav Yugay on changes in Russian merger control regulations.
EPAM announced that Robin Wittering has joined the firm as a Partner in Moscow.
Herbert Smith Freehills corporate and energy partner Robin Wittering has joined CIS firm EPAM. Wittering, who joined EPAM Moscow office at the start of November, made partner at his former firm in 2003.
Russian law firm EPAM has hired Herbert Smith Freehills (HSF) English-qualified corporate and energy partner Robin Wittering to join its Moscow office.
Kazakhstan's Aksai City, a dusty outpost just across the border from Russia, is a key gateway for energy companies seeking to tap one of the country's richest oil and gas deposits, the Karachaganak field.