Analytics and brochures
Customs formalities in respect of personal belongings' crossing the boarders of the Customs Union by expatriates are stated in the Intergovernmental Agreement [of the Customs' Union states, i.e. Russia, Belarus and Kazakhstan ("CU")] of June 18, 2010 (as further amended on October 19, 2011).
Russia is currently marked out by being active in making substantial changes to its legislation. Many of these have to do with growing integration in international economic, financial, scientific and legal processes. However, the new developments go beyond those directly required for joining international conventions or organisations, and are also due to various institutions filtering their way into the country’s social and political structures.
Russian migration policy traditionally aims to meet two opposing objectives.
Choosing Russian law as governing law for M&A transaction as a trend in M&A activity has recently been discussed widely in the context of the state’s proclaimed policy to this effect. This trend could be set in motion in the context of the government’s de-offshorization policy in conjunction with plans to privatize state-owned assets.
Major foreign trading companies have been active on the Russian market for more than 15 years. With them, they have brought Western standards of doing business, including, among other things, offering financial incentives to distributors and stores in the form of bonuses, premiums and retrospective discounts.
During 2012 there were a number of changes in the sphere of HR from the employment law standpoint. Among the upheaval, some key trends became evident in HR-related regulation and law-enforcement practice.