In this new briefing note CIS LONDON sheds light on stamp duty requirements that go with share purchase transactions, drawing buyers’ attention to some of the more complex scenarios.
In this new briefing note CIS LONDON sheds light on stamp duty requirements that go with share purchase transactions, drawing buyers’ attention to some of the more complex scenarios.
We would like to share with you our new briefing on the latest changes to the Russian tax legislation. In this briefing you can find out about the development of the concept of beneficial owner of income, adjustments of the tax burden on investors and read our summary of the new regulations on CFCs.
The briefing is available in Russian.
Our newest briefing for those dealing with Russian counterparts explores how Russian spousal property regime affects transactions with shares, real estate and beyond. Check if you need the spouse’s consent before the deal is made.
Foreign companies offering their services on the Russian financial market on a cross-border basis are aware of the restrictions and prohibitions on non-Russian companies operating in Russia. Some restrictions are very broadly defined, which creates uncertainty as to how they apply to cross-border activities of foreign entities.
In an attempt to regulate the country’s crypto economy Russia’s Ministry of Finance has prepared a bill that purports to label mining as a business activity, outlaw unauthorised crypto exchanges, and lay down disclosure requirements for ICOs. While the bill is far from becoming law it provides a timely insight into what Russia’s regulatory framework for crypto assets is set to look like.
When dealing with a Russian counterparty or otherwise entering the Russian market, companies tend to be wary of their dispute resolution prospects in the country. In our latest client briefing on the subject we offer our UK-based and European clients important insights into litigation in Russia, after the Russian Supreme Court clarified its stance on some of the most burning issues.