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 20.06.2008

Decree of the President of the Russian Federation No. 977 of June 17, 2008 on the Procedure of Entry in the Russian Federation and Exit from the Russian Federation for the Stateless Persons Having Been the Citizens of the USSR and Living in the Latvian Republic or the Estonian Republic

Stateless persons having been the citizens of the USSR and living in Latvia or Estonia can enter the Russian Federation and exit it without the visa.

Decision of the Government of the Russian Federation No. 457 of June 17, 2008 on the Interim Rate of the Import Customs Duty for the Linear Polyethylene

Introduces for 9 months the zero rate of the import customs duty for the linear polyethylene.

Decision of the Government of the Russian Federation No. 456 of June 12, 2008 on the Federal Cadastre of Objects of Immovable Property

Defines anew the sphere of reference and organisation of work of the Federal Cadastre of Objects of Immovable Property.

Direction of the Central Bank of Russia No. 2015-U of May 27, 2008 on the Amendments to the Direction of the Bank of Russia No. 1853-U of July 5, 2007 on the Particulars of Payment Operations Carried out by the Credit Organisation after the Revocation of the License for Bank Operations and on the Accounts Used by the Bankruptcy Commissioner (Liquidator, Liquidation Commission)

Revokes the rules permitting the bankruptcy commissioner (liquidator, liquidation commission) to open foreign currency accounts of the bankrupt credit organisation in only those credit organisations included in the list endorsed by the Government of the Russian Federation.

Information Letter of the Central Bank of Russia No. 37 of May 30, 2008 "Issues of Application of the Regulation of the Bank of Russia No. 308-P of June 20, 2007 on the Procedure for the Authorised Banks to Hand over Information on the Violation by the Persons Carrying out Currency Operations of the Acts of the Currency Legislation of the Russian Federation and the Acts of the Bodies in Charge of the Currency Regulation"

Explains some issues of transfer by the banks of information on the violations by the persons carrying out currency operations of the acts of the currency legislation of the Russian Federation and the acts of the bodies in charge of the currency regulation.

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