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Draft Law on Consolidated Financial Statements: Conditions and Exemptions

04 February 2026

On January 20, the State Duma adopted in the first reading Draft Law No. 1082205-8 ("the Draft Law"), which exempts a number of legal entities from the obligation to submit mandatory consolidated financial statements ("CFS"). The Government of the Russian Federation acted as the subject of the right of legislative initiative.

The Draft Law amends Federal Law No. 208-FZ dated 27 July 2010 "On Consolidated Financial Statements" and Federal Law No. 39-FZ dated 22 April 1996 "On the Securities Market."


Changes to the Procedure for Paying the Actual Value of a Share in an LLC Came into Force

30 December 2025

On 28 December 2025, the President of the Russian Federation has signed Federal Law No. 514-FZ "On Amending the Federal Law 'On Limited Liability Companies' and Certain Legislative Acts of the Russian Federation" (hereinafter, the "Law"), which introduces changes to the procedure for paying the actual value of a share in limited liability companies (hereinafter, the "LLC").

The President of Russia Signed a Decree on Supporting the Resettlement of Key Interest Foreigners for The Russian Federation

30 December 2025

On 2 December 2025, the President of the Russian Federation has signed Decree No. 883 "On Supporting the Resettlement of Foreign Citizens and Stateless Persons, Who Represent Interests for the Russian Federation, and on the Features of Their Legal Status in the Russian Federation" (hereinafter – the "Decree") together with the Regulation "On the Procedure for Recognizing Foreign Citizens and Stateless Persons as Representing Interests for the Russian Federation" (hereinafter – the "Regulation").

Summary of Changes to the Regulations on Pre-emptive Rights in LLCs

31 July 2025

On 7 July 2025, the President of the Russian Federation has signed the Federal Law No. 186-FZ of 07.07.2025 “On Amendments to Article 21 of the Federal Law “On Limited Liability Companies" (hereinafter the “Law”), which provides for amendments to the Federal Law No. 14-FZ of 08.02.1998 “On Limited Liability Companies” (hereinafter the “LLC Law”) taking effect on 1 September 2025 regarding the possibility of excluding the pre-emptive right to purchase a share or a part thereof.

New Guarantees and Measures for Foreign Investors

31 July 2025

On 7 July 2025, the President of the Russian Federation has signed the Federal Law No. 186-FZ of 07.07.2025 “On Amendments to Article 21 of the Federal Law “On Limited Liability Companies" (hereinafter the “Law”), which provides for amendments to the Federal Law No. 14-FZ of 08.02.1998 “On Limited Liability Companies” (hereinafter the “LLC Law”) taking effect on 1 September 2025 regarding the possibility of excluding the pre-emptive right to purchase a share or a part thereof.

Green Light for “Matryoshkas”

27 June 2025

On June 24, 2025, the President of the Russian Federation signed Federal Law No. 178-FZ "On Amendments to Part One and Article 846 of Part Two of the Civil Code of the Russian Federation" ("Law"), which introduces amendments to the Civil Code of the Russian Federation ("Civil Code"), allowing one legal entity to be the sole participant or shareholder of another company, even if both are having the sole person in it.