Country News

The Grand Opening of the new office in the capital of the Republic of Georgia took place on 15 February. This is a further milestone in the development of the SCHNEIDER GROUP network in the Caucasus region, after establishing an office in Yerevan in neighbouring Armenia, in 2018 and in Baku, Azerbaijan in 2022.

In December 2022 the Subcomission of the Government Commission for Control of Foreign Investments in the Russian Federation  has issued a protocol determining important criteria of approval of transactions with regard to Russian legal entities controlled by persons from “non-friendly countries”.

Belarus has approved the list of 1,849 companies registered in the country, which are affected by restrictions on corporate and other rights of the participants.

Federal Law No. 323-FZ of 14 July 2022 amended the Russian Tax Code to restore the procedure under which Russian buyers purchasing electronic services from foreign suppliers must pay VAT to the Russian budget as tax agents.