Analytics and brochures
The regulation of the activities of the SAR
residents have been amended. A new law has been published that extends the
list of tax benefits for international holding companies (“IHCs”) (Federal Law
No. 66-FZ dated 26 March 2022). In addition, on 25 March 2022, Federal Law No.
18-FZ dated 25 February 2022 comes into force, which introduces additional
requirements to apply tax benefits and provides for the possibility of
obtaining the status of an ICH for Russian companies as well. We have
considered the amendments proposed by these laws in aggregate and as completely
interdependent.
Pepeliaev Group advises
that, on 22 March 2022, the State Duma (the lower house of Russia’s parliament)
passed the law containing a package of tax measures to support business.
On 22 March 2022 the Tverskoy District Court held Meta Platforms Inc. to be an extremist organisation and prohibited it from doing business in Russia.
Pepeliaev Group advises that, on 9 March 2022, a Federal Law came into effect to re-introduce a special procedure for initiating the criminal cases for which articles 198 to 199.2 of the Russian Criminal Code provide.
Pepeliaev Group advises that the Ministry of
Economic Development, in accordance with the instructions of the Russian
Government dated 8 March 2022, has prepared a draft law “On an external
administration for the management of a company”.
Pepeliaev Group advises that a number of amendments have been introduced in legislation which are aimed at optimising procedures for the procurement of goods, work and services to provide for municipal and state needs, as well as state control procedures.