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On 8 June 2020, the Russian President signed Federal Law No. 171-FZ “On amending the Russian Commercial Procedure Code in order to protect the rights of individuals and legal entities in connection with restrictive measures introduced by a foreign state, an association and/or union of states, and/or governmental (transnational) institution of a foreign state or association and/or union of states”.

The Government has developed amendments to the Tax Code relating to the application of the patent taxation system (the “PTS”) and has submitted them to the State Duma. 

Russian lawmakers continue to adopt regulations aimed at clearly defining the circle of not-for-profit and religious organisations to which property can be transferred for no fee and when relevant costs can be deducted for profit tax purposes.

Pepeliaev Group advises that three additional measures of state support have been introduced in the sphere of leasehold relationships in the context of the spread of the coronavirus.

Pepeliaev Group advises that on 6 June 2020 the Rosprirodnadzor’s Administrative Regulation (the ‘Regulation’) came into force. The Regulation establishes the procedure for approving the standards for generating and the limits for disposing of waste for facilities of category I.