Tax Messenger
Summaries of key tax and legal developments in legislation and case law and the latest issues affecting human resource management, prepared by B1's experts in Russia
Bank deposits: changes to the temporary procedure for fulfilling obligations to foreign creditors
Effective 4 August 2026, the special procedure established by Presidential Decree No. 95 no longer applies to liabilities relating to deposits held by foreign individuals and Russia-registered structural subdivisions of foreign companies.
06.08.2026
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Introduction of amendments to the corporate legislation: declaring a JSC or LLC board member as a removed one
Federal Law No. 237-FZ “On Amendments to the Federal Law ‘On Joint-Stock Companies’ and Certain Legislative Acts of the Russian Federation” (hereinafter, the “Law”) was officially published on 4 July 2026. The Law specifies grounds when a member of the board of directors (supervisory board) of a JSC or LLC will be deemed as removed one before the expiration of his/her term and allows a company to elect new members to fill the vacant seats.
08.07.2026
Overview of the application by Russian arbitration courts of counter-sanctions laws with respect to transactions with ‘unfriendly’ non-residents and parties under their control
On 17 June, the Presidium of the Supreme Court of the Russian Federation approved the thematic review “On Application by Arbitration Courts of Legislation on Special Economic Measures to Protect Russia’s National Interests.” It’s the first comprehensive document that courts will be required to consider in disputes concerning the application of counter-sanctions legislation.
01.07.2026
Overview of regulatory amendments for transactions involving strategically important companies
Federal Law No. 51-FZ dated 8 March 2026 introduced amendments to Federal Law No. 57-FZ “On the Procedure for Foreign Investment in Companies of Strategic Importance for National Defense and State Security” (Law No. 57-FZ), most of which will take effect on 7 June 2026.
02.06.2026
Risk-free reorganization: refining the mechanism for protecting creditors’ rights
A draft law to amend Article 60 of the Civil Code of the Russian Federation (the “Draft Law”) published in May 2026 modifies the mechanism for protecting creditors in corporate reorganizations. The Draft Law is based on the legal position of the Constitutional Court of the Russian Federation set forth in Ruling No. 17-P of 24 March 2026.
25.05.2026