Analytics and brochures
In crisis conditions for the global economy, Russia is not the only country to be paying particular attention to tax revenues. However, in contrast with other countries, the state decided not to introduce new taxes or to raise the rates of existing taxes. Instead, the priority was to abolish ineffective tax benefits and to make tax collection more efficient.
In 2013 the Russian Civil Code was significantly amended in all kinds of areas touching on the country’s corporate life, including: transactions (state registration, notarization, approval and invalidity), objects of civil law, powers of attorney, securities, state registration of legal entities, and limitation periods. The Russian Parliament is now considering a fairly extensive list of further amendments to the Civil Code. This article focuses on the area of so called “resolutions of the meetings”, which has, in fact, become regulated for the first time by civil legislation.