Changes in issuing permits for operations prohibited (restricted) due to unfriendly actions of foreign states

From 01 July, the Bank of Russia has decided to allow residents to perform transaction:  

1) on payment for shares, contributions, units in the property of non–resident legal entities;  

2) on payment of contributions to non-residents under partnership agreements,  

without permits from the Bank of Russia, while meeting the following conditions:  

  • the transaction is to be performed in rubles/in a foreign currency for a total amount not exceeding the equivalent of 30 million rubles;  
  • from 01.07.2026, the total volume of transactions with one non-resident legal entity (including transactions since 01.04.2024), shall not exceed the above limits. 

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