Analytics and brochures

Pepeliaev Group reports that the Russian Supreme Court has eliminated a contradiction in the case law, confirming that local tax authorities are restricted in controlling the prices of transactions. 

Pepeliaev Group advises that 19 April 2016 will see the adoption, under the auspices of the Association of European Business's Healthcare and Pharmaceuticals Committee, of a Code for Good-faith Practices in the Pharmaceutical Sector. 

Pepeliaev Group advises that the Russian President has signed Federal Law No. 77-FZ , which considerably amends article 15.11 of the Russian Code of Administrative Offences regarding the liability for gross violations of accounting requirements, including requirements for financial statements. The Law extends the limitation period for holding a person liable for the above offences under administrative legislation.

Pepeliaev Group advises that, on 16 March 2016, the first agreements were signed between JSC Far East Development Corporation and residents of the free port of Vladivostok, which have already been included in the register of residents . Moreover, a draft law has been prepared extending the composition of potential residents to include companies that are already operating.

Pepeliaev Group advises that the Russian Supreme Court has applied a differentiated approach in a case concerning the demolition of an unauthorised construction. The court laid down new approaches, previously absent from court practice, to examining cases in the relevant category (Ruling No. 308-ES15-15458 of the Russian Supreme Court's Judicial Panel for Economic Disputes dated 10 March 2016 in case No. А32-22681/2014).

Pepeliaev Group advises that on 17 March 2016 the Russian Government signed two Resolutions that two new priority development areas be established in the Sakhalin Region.