Large foreign IT companies were obliged to open branches in Russia

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Monitoring of the Federal Legislation dated 10.01.2007

Federal Lw No. 2-FZ of January 6,2007 on the Amendments to the Federal Lw on the Amendments to the Federal Lw on the Legal Status of Foreign Citizens in the Russian Federation and on Invalidation of Individual Provisions of the Federal Lw on the Amendments to Some of the Legislative Acts of the Russian Federation <br>

Refines that the authority of the Government of the Russian Federation to fix the quotas to issue permissions for temporary residence on the territory of the Russian Federation covers all categories of foreign citizens and stateless persons regardless of whether they come to the Russian Federation with or without the visa. Earlier, the given permissions to foreign citizens having arrived to the Russian Federation according to the procedure that does not require a visa were to be issued regardless of the quota.

The category of persons that may get permissions for temporary residence on the territory of the Russian Federation regardless of the quotas, as well as not requiring permission for employment in the Russian Federation, include foreign citizens being participants of the state program of assistance of voluntary resettlement to the Russian Federation for compatriots living abroad and members of their families moving to the Russian Federation together with them.

Decision of the Government of the Russian Federation No. 856 of December 30, 2006 on the Currency Operations Carried out by the Ministry of Foreign Affairs of the Russian Federation <br>

The Ministry of Foreign Affairs of the Russian Federation is granted the right to carry out without restrictions all types of currency operations regulated under the Federal Lw on the currency regulation and currency control.

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