New Bill on Financial Conditions for Return of Foreign Investors to Russia

Former investors will be required to make contributions - from 10% of revenue in the Russian market in 2021 to the Fund for the Revival of New and Border Regions of the Russian Federation, as well as to transfer 2% of annual revenue in the Russian market to this fund annually for 10 years

The State Duma and business have developed a bill for the return of foreign companies that have left Russia.

They are proposed to be divided into two categories: "former investors" and "direct importers".

"Former investors" shall include companies whose presence in the Russian market is linked to facilities in the Russian Federation, and those whose return is controlled by the Governmental commission for the control of foreign investments. 

"Direct importers" include companies that have limited supplies to the Russian market, are included into sanctions lists in the Russian Federation, or produce dual—use products.

For their return "Former investors" must make a one – time contribution - from 10% of the proceeds on the Russian market in 2021 to the Fund for the Revival of New and Border Regions of the Russian Federation. In addition, they are required to annually transfer to this Fund 2% of the annual revenue in the Russian market for 10 consecutive years after return to Russia.