Large foreign IT companies were obliged to open branches in Russia

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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 22.02.2008

Decision of the Government of the Russian Federation No. 101 of February 19, 2008 on the Endorsement of the Rates of Import Customs Duties for Medical Units

To support the medical industry, the rates of import customs duties for other assembly structures of ferrous metals (other than greenhouses), as well as of other materials (other than wood and ferrous metals) intended for medical uses are reduced from 20% to 5% of the customs cost for 9 months.

Decision of the Government of the Russian Federation No. 80 of February 16, 2008 on the Endorsement of the Regulation on the Licensing of Audit Activities

Introduces a new procedure of licensing of audit activities.

Order of the Central Bank of Russia No. OD-101 of February 14, 2008 on the Credits Secured with Assets to Be Granted by the Bank of Russia to Credit Organisations

Defines the list of territorial institutions of the Bank of Russia entitled to conclude general credit contracts for the credits of the Bank of Russia secured with assets.

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