SCHNEIDER GROUP News

Welcome to the regular SCHNEIDER GROUP newsletter with the selection of news and most important regional updates for Russia & the CIS in August-September 2021.

Welcome to the regular SCHNEIDER GROUP newsletter with the selection of news and most important regional updates for Russia & CIS in July-August 2021.

On July 2, 2021, Federal Law No. 305-FZ was signed, introducing major amendments to the Tax Code of the Russian Federation (hereinafter — the “RTC”). Some of its provisions will already be applicable in 2021.

Law No. 99-Z dated 07.05.2021 “On Personal Data Protection” has been adopted in Belarus, which will significantly change the issues of personal data processing, enshrine new rights and obligations, mechanisms for protecting the rights of personal data subjects from 15.11.2021.

On 28.06.2021 Federal Law N 223-FZ “On Amendments to the Federal Law “On Currency Regulation and Currency Control” was adopted, which abolished most repatriation requirements. The law entered into force on 01.07.2021.