Economy · 14. October 2021

Almost all disputes are resolved in courts of general jurisdiction: 84% of litigations are heard in Federal courts of general jurisdiction and magistrate’s courts, and only 16% of cases fall for the share of courts of arbitration.

Economy · 29. September 2020

As of 2020 financial statements are published in Russia by a new source - the State information resource of accounting (financial) statements (GIR BO), the maintenance of which is entrusted to the Federal Tax Service of the Russian Federation - Russian registration body (Registrar). According to the Russian Federal Law companies should file annual financial statements with the tax authorities no later than 3 months after the end of the reporting period. At present over 2,15 million financial...