Investment framework and opportunities in Russia
Procedures Relative to Foreign Investment
- Freedom of Establishment
-
Usually guaranteed.
Investment in certain domains which might affect national security may be limited.
- Acquisition of Holdings
-
The majority acquisition of holdings in the capital of a local company is authorised in Russia.
- Obligation to Declare
-
Russia’s basic legal framework governing investment includes
- Law 160-FZ, July 9, 1999, “On Foreign Investment in the Russian Federation;”
- Law No. 39-FZ, February 25, 1999, “On Investment Activity in the Russian Federation in the Form of Capital Investment;”
- Law No. 57-FZ, April 29, 2008, “Foreign Investments in Companies Having Strategic Importance for State Security and Defense;”
- Law of the RSFSR No. 1488-1, June 26, 1991, “On Investment Activity in the Russian Soviet Federative Socialist Republic (RSFSR).”
- Competent Organisation For the Declaration
-
Bank of Russia
- Requests For Specific Authorisations
-
Russia’s Commission on Control of Foreign Investment (Commission)was established in 2008 to monitor foreign investment in strategic sectors, such as natural resources, energy, transport, communications, defence industry. A law “On Mass Media,” took effect in 2015 which restricts foreign ownership of any Russian media company to 20 percent.
© eexpand, All Rights Reserved.
Latest Update: July 2024
Russia: Investing in Russia
