Go back to Insights & events
10.10.2023

Voluntary contribution increased

The Sub-Commission of the Government Commission for Control over Foreign Investments in the Russian Federation, which is the ultimate decision maker in many matters concerning the counter-sanctions regime, has decided to increase the amount of the voluntary contribution, payment of which is often a condition for the approval by the Government Commission of a qualified transaction.

Read in detail in the alert at the link:

https://www.stonebridgelegal.ru/media/files/Alert_Voluntary_contribution_increased__October_ENG.pdf 

You might be interested

  • Liability for failure to take direct possession of equity in economically significant companies
    Liability for failure to take direct possession of equity in economically significant companies

    In one of our previous alerts, we advised that a draft law amending the Russian Code of Administrative Offences had been submitted to the State Duma to establish, among other things, sanctions for failure to comply with the requirements of Law No. 470-FZ On Peculiarities of Regulation of Corporate Relations in Business Entities that are Economically Significant Organisations. On 22 June 2024, that law was signed by the President of Russia, published and entered into force.

    26.06.2024