Country News

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.

In less than a month, amendments to Law No. 152-FZ “On Personal Data” will come into force, which will affect almost every company.