On January 11, 2023, the Committee on Taxes and Financial Reporting of the German-Russian Chamber of Commerce held its first meeting this year, at which Anton Kabakov gave a presentation.

Forbes Club has recently published the results of a survey of Russia’s top law firms that protect the interests of high-net-worth individuals — Forbes Club Legal Ranking. Forte Tax & Law has been recommended in as many as four categories of the ranking.

An awards ceremony for the leaders of the Pravo-300 Rating was held in Moscow on Friday, December 2, 2022. This research is the most authoritative among Russian ratings of law firms. It is conducted annually, and this year, Forte Tax & Law has received an award already for the fifth time.

The Russian Tax Code has been amended to exempt interest forgiven by a foreign lender from corporate income tax.

Over the last few months, we have been supporting our clients in their pulling out of the Russian market. Herewith, we would like to share a brief summary about options of doing so and the consequences an international company may face.

On October 15, 2022, the Russian President signed Decree No. 737 establishing new rules for Russian residents making certain cash distributions to non-Russian residents and entering into transactions with respect to shares in joint-stock companies.

On September 22, 2022, the German-Russian Chamber of Commerce held its annual CFO conference. Anton Kabakov, Partner at Forte Tax & Law, spoke about certain aspects of the restructuring of an international group.

On September 8, 2022, the Russian President signed a decree , establishing a procedure for entering into transactions in shares in limited liability companies (LLC/OOO).

In July 2022, a law was adopted to make changes to the previous fingerprinting, photographing, and medical examination procedures and other migration rules.

The Taxes and Financial Reporting Committee of the German-Russian Chamber of Commerce held a meeting in Moscow, on Wednesday, July 13.