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On 7 April, Federal Law No. 119-FZ dated 7 April 2020 “On amending articles 25 and 25.6 of Federal Law ‘On the procedure for leaving the Russian Federation and entering into the Russian Federation’ and articles 5 and 16 of Federal Law ‘On the legal status of foreign nationals in the Russian Federation’” was published.
Pepeliaev Group advises that the Russian Ministry of Economic Development is developing a draft law to expand benefits for residents of Special Administrative Regions (SARs).
Pepeliaev Group advises that the Russian Ministry of Finance has sent, via diplomatic channels, notification letters to the competent authorities of Malta and Luxembourg requesting that the respective Double Taxation Treaties (“DTTs”) be amended.