A presidential decree was published and entered into force yesterday March 25, 2020, declaring, among other things, that the week from March 30 (Monday) to April 03 (Friday) 2020 would be “a paid non-working week”

The coronavirus pandemic is a serious blow to the global economy that will test the resilience of most entrepreneurs. It also justifiably gives rise to the following question: what measures is Russia taking to support entrepreneurs affected by the current slump in demand due to the coronavirus? In this newsletter, we have reviewed the tax measures that are being put in place to support the business community.

The World Health Organization (WHO) described on March 12, 2020 the rapid spread of coronavirus (COVID-19) around the world as a pandemic. We have prepared for you an overview of the main legal aspects and difficulties that businesses face in the current situation.

Our clients have recently enquired quite a lot about the possible legal options for reducing costs. These requests are motivated not only by the coronavirus but also by the current economic situation both in Russia and in the world. We have compiled and answered the top HR questions raised by our clients.

This is to remind you that there is very little time left to hold annual general meetings of shareholders.

Amendments[1] to the law on protection of competition[2], which introduce the concept of “a system for ensuring compliance with the requirements of antitrust law, i.e. antitrust compliance” entered into force on March 12, 2020.

A conference on HR issues was held last Thursday at the Russian-German Chamber of Commerce in St. Petersburg. Julia Talagaeva, senior associate at Forte Tax & Law, reviewed at this event the labor dispute cases that were significant in 2019 and at the beginning of 2020.

Kommersant published this week its annual rating of the leaders in the Russian legal services market. We are pleased to announce that this year Kommersant ranked Forte Tax & Law among the best practices in the country in the category Tax Law: Consulting.

Delovoy Peterburg published last week its latest Practical Legal Advice which addresses a series of legal issues raised by its readership and answered, as usual, by leading practicing lawyers. Ekaterina Belyaeva, associate at Forte Tax & Law, commented to Delovoy Peterburg on the requirements for employers offering internships to students.

Organized by St. Petersburg International Business Association (SPIBA), the conference Taxes 2019 was held on February 20, 2020. s tradition would have it, Anton Kabakov, partner at Forte Tax & Law and co-chairman of SPIBA Finance Committee, moderated the event and made a presentation on price control over intragroup transactions.