Analytics and brochures

In July 2017, Russia's tax agency will disclose data about companies for the first time. What should businesses expect? What is the potential effect of this decision?

Law firm Pepeliaev Group has topped the ‘Best European firm of the year in tax policy’ category of the European Tax Awards 2017 international legal ratings. In this category, awards go to law firms that implement projects in the field of reforming tax legislation. Pepeliaev Group has been representing FIFA for several years in its negotiations with the Russian government in relation to the raft of sports-related legislation and subordinate legislation to be developed in the context of the 2018 FIFA World Cup.

Russia continues to reform its legislation by reducing the imperative tone of its regulations and putting emphasis on enhancing the protection of business investments. We hope that this reform will have a positive impact on Russian business as a whole and M&A transactions in particular.

There was a rise in bankruptcy in Russia in 2016 and the trend is expected to continue in 2017. At the same time, bankruptcy-related legislation has been significantly amended over past years and there are new changes that will come into force shortly, that are very significant to foreign investors.

Legal translation can be challenging because certain legal concepts do not always translate well from one language―or jurisdiction―into another. The indirect way of translating a legal concept, plus the necessary explanations to thresh it out, add an added layer of complexity to an already complicated legal process.