Analytics and brochures

An interview with Sergey Pepeliaev, Managing Partner of Pepeliaev Group, was published in in In-House Lawyer magazine, Issue No. 7.

It is obvious now that Russian pharmaceutical companies today and in the near future will not be able to satisfy the demand for medicine. For this reason, Russian authorities are creating wide opportunities for the development of local production established by or with the participation of foreign pharmaceutical companies.

Companies operating in various industries may need to lease parts of premises. It goes without saying that primarily these issues affect banks and companies that provide e-payment services through payment terminals.

Although Russia’s foreign trade turnover contracted by 40% in 2009 compared with 2008, the Russian customs authorities still managed to meet the target budgeted for the remittance of customs proceeds, which was reduced by the Russian Government only by 20%.

Rest assured – the new Law “On the Basics of State Regulation of Trade” does not directly affect the taxation of income and expenses of contracting parties resulting from the payment of remuneration (granting of discounts). The issue, however, does have its own specifics.

It is often the case that the majority of IP assets are not included in the bankruptcy estate during bankruptcy proceedings. This is primarily attributable to the specific legal nature of exclusive rights to the results of intellectual activity and means of identification, the difficulties involved in the disposal of a number of assets and, in some cases, the impossibility of identifying such assets.