Pepeliaev Group advises that on 27 October 2020 the Russian President signed a Law whereby the registration authority will independently (without the involvement of a legal entity) update the data in the Unified State Register of Legal Entities (the “LE Register”) concerning the name of the legal entity when it is included in the data regarding other legal entities. Also, the timeframe has been extended for legal entities and individual entrepreneurs to inform the registration authority about changes that have been made to the data concerning them that is set out in the LE Register/ the Unified State Register of Individual Entrepreneurs (the “IE Register”).
Pepeliaev Group advises that Resolution No. 1580 of the Russian Government dated 1 October 2020 (“Resolution No. 1580”) , which establishes specific aspects of how permit regimes should be applied in the areas of industrial safety, the electric power industry and heat supply, came into force on 3 October 2020.
Pepeliaev Group advises that on 2 October 2020 Rosreestr’s Order No. P/0321 “On approving the list of documents confirming the applicant’s right to acquire a land plot without a competitive bidding procedure” dated 2 September 2020 (the “Order”) was published on the official legal Internet portal.
Pepeliaev Group advises that the Russian Government has prepared a draft of the DTT with Luxembourg that proposes changes in the taxation of dividend and interest income.
Pepeliaev Group advises that the Russian Supreme Court (the “Supreme Court”) has formed a legal position regarding the income of foreign entities being subject to Russian withholding tax.
Pepeliaev Group advises that order No. 102n of the Russian Ministry of Finance dated 11 June 2020 approved the Procedure for a mutual agreement procedure application to be filed and reviewed in accordance with the provisions of a DTT .
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