A special recording procedure for certain securities will be in effect until the end of 2025
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News
19.10.2023
MINIMUM AMOUNT OF VOLUNTARY CONTRIBUTION OF FOREIGN COMPANIES LEAVING RUSSIA HAS BEEN INCREASED
The conditions for taking decisions on issuing permits for the alienation of assets of Russian companies by foreign persons from unfriendly countries have been revised.
Now transactions (operations) aimed at the alienation of securities by specified persons must be carried out, inter alia, subject to a voluntary contribution to the federal budget in the amount of at least 15% of the market value of the relevant assets. Such a fee must be paid within a month from the date of implementation (execution) of the transaction (operation). The market value of assets shall be determined according to an independent appraisal report conducted by a private appraiser who is one of the recommended appraisal organisations.
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