by Marks & Sokolov, LLC | Feb 17, 2016 | Blog, Publications
New reporting requirements to organizations involved in providing banking, financing and insurance service have been implemented. The requirement concerns monetary and other transactions involving property. The organizations are required to collect information on...
by Marks & Sokolov, LLC | Apr 7, 2015 | Blog, Publications
Marks & Sokolov attorneys obtained a civil judgment unveiling the grey area of Russian labor law in dispute between foreign company and the head of its Russian representative office What the case involved: a foreign company having its representative office in...
by Marks & Sokolov, LLC | Mar 10, 2015 | Blog, Publications
On January 1, 2015 the law of the Russian Federation, No. 376-FZ of November 24, 2015 “On introduction of amendments into Parts One and Two of the Tax Code of the Russian Federation” (hereinafter, the “Law”) came into force. The Law is designed to prevent the abuse of...
by Marks & Sokolov, LLC | Jan 20, 2015 | Blog, Publications
On September 1, 2014 significant amendments to the Russian Civil Code’s provisions for the creation, operation, reorganization and liquidation of legal entities came into force. Key amendments are briefly described below. Forms and Systems of Legal Entities All legal...
by Marks & Sokolov, LLC | Dec 1, 2014 | Blog, M&S Updates, Publications
Business In Russia In Times of Crisis: Do You Know With Whom You Do Business? – Executive Orders 13660, 13661 and 13662 and Revocation of Export Licenses The President of the United States has issued a series of executive orders imposing sanctions on Russian...
by Marks & Sokolov, LLC | Jun 25, 2014 | Blog, Publications
On March 6, 2014, the President of the United States issued Executive Order (“E.O. 13660”) authorizing sanctions on individuals and entities responsible for Russian activities related to Ukraine. On June 20, 2014 the Office of Foreign Asset Control (“OFAC”) added to...