If an individual ceases to be a Russian tax resident, then for the period during which they are a non-resident:  ▪️ there is no obligation to file a Controlled Foreign Company (CFC) notification; ▪️ there is no requirement to file a Form 3-NDFL personal income tax return; ▪️ there is no obligation to pay Russian personal income tax […]

As previously reported, Presidential Decree No. 377 came into force on June 1, 2026, introducing amendments to Decree No. 95.  Key update:  The special regime established by Decree No. 95 now applies not only to certain types of obligations, but also to bank deposits held by persons from “unfriendly” states.  What does this mean in […]

On 17 June 2026, the Presidium of the Supreme Court of the Russian Federation approved Review No. 11A/2026 on the application by arbitrazh (commercial) courts of legislation on special economic measures. The document systematizes key legal approaches to the application of restrictions introduced by Presidential Decrees of the Russian Federation following February 2022. Below are […]

Currency control in Russia operates on two levels. The first is the requirements of the federal law “On Currency Regulation and Currency Control,” which apply on an ongoing basis and cover the basic obligations of residents: notifying the tax authority about foreign accounts, reporting on the movement of funds through them, and complying with limits […]

The adjacent territory is the plot of land next to a multi-apartment building that is primarily used by the residents and intended for household needs and leisure. It is separated from intra-block public areas by the perimeter of the buildings and landscaping solutions. The land plot under the multi-apartment building is the common shared ownership […]

How to safely structure a private foundation with a foreign founder and foreign beneficiaries in order to avoid the application of the law on strategic investments and sanctions-related risks. The article was prepared by: Sergey Alimirzoev, Senior Partner at the law firm Alimirzoev & Trofimov Vlada Kovaleva, Lawyer at Alimirzoev & Trofimov Alexandra Guzeeva, Lawyer […]

About the Webinar: Since 2022, Russia’s currency legislation and Presidential Decrees have undergone significant changes affecting both businesses and individuals with foreign assets. Despite some stabilization, 2025 continues to bring new challenges: increased control over transactions, revised criteria for determining counterparties’ status, and ongoing restrictions on accounts in certain jurisdictions. Misinterpretations or incorrect application of […]

Since the start of the sanctions campaign in 2022, hundreds of thousands of investors have faced the blocking of their securities in international depositories Euroclear and Clearstream. By mid‑2025, the uncertainty has not only persisted but has intensified: the market is flooded with conflicting reports — from rumors of possible confiscation of frozen assets to […]