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Amendments to the Federal Law “On currency regulation and currency control#148

02 March 2020

On 1st January 2020, the Federal Law of 02.08.2019 № 265-FZ “On Amendments to the Federal Law” “On Currency Regulation and Currency Control” entered into force in terms of liberalization of restrictions on foreign exchange transactions that are made by residents using accounts (deposits) opened with banks located outside the territory of the Russian Federation and repatriation of funds.

Simplification of the procedure of including IP objects to the Customs Register

13 February 2020

According to Chapter 57 of the Federal law No. 289-FZ dated 03.08.2018 “On Customs Regulation in the Russian Federation and on amending certain legislative acts of the Russian Federation” (Law on customs regulation) a rightholder is entitled to file to the Customs Service an application for including their IP objects to the Customs Register seeking rights protection.

Russia creates own offshore zones?

17 December 2018

The Federal law No. 290 “On international companies” (hereinafter — the Law on international companies) and the Federal law No. “On special administrative districts” have come into effect on 3 August 2018. These laws adjusted procedure of redomiciliation and created special administrative districts on the islands Oktyabrskiy and Russkiy.