News and events

On 11/03/2022 the Office of the Prosecutor General of Russia has announced its intention to carry out a review of activity of companies that pull out of the Russian market. In particular, the supervisory authority plans to review the matters of protection of worker’s rights: discipline of performance of labor contracts by the employers and correctness of calculation and payment of salaries.

On 09.03.2022 the Government of Russia officially communicated that it is considering the draft of the Federal Law On External Administration for the Management of the Organization.  Linnikov & Partners team has reviewed the draft and would like to share its provisions with all colleagues and clients, as it is very likely that the law will be adopted in the very near future.

On 04/03/2022 amendments to sub-clause 9 of clause 3 of art. 149 of the Tax Code of the Russian Federation were published. According to these modifications, operations of sale of gold ingots by banks to individuals (physical persons) are relieved of the value added tax. Decision taken by the state is based on research and analytical materials, prepared by tax and financial law experts, including the professionals of "Linnikov & Partners".

The "Linnikov and Partners" team cordially congratulates all ladies on the International Women's Day!

On Friday, 4 March, 2022 from 16:00 to 17:30 Italian time (18:00 — 19:30 Moscow time) leader of the “Grimaldi Alliance” Francesco Sciaudone and founder of “Linnikov & Partners” Alexander Linnikov will moderate a down-to-the-earth discussion among top-managers of international companies, prominent legal professionals and academics on ways to overcome consequences of economic sanctions, keep doing business and maintain obligations to partners and employees in politically challenging and potentially unsafe environment.

On 27/92/2022 Alexander Linnikov took part in the emergency seminar of the European Institute for Export Compliance (EIFEC) on new economic sanctions imposed on the Russian Federation by the USA and the EU. The discussion moderated by the EIFEC president Carlo Giacoma attracted top-managers of over 50 major multinational corporations and banks connected to Russia by many years of productive business relationships. The core part of the seminar was dedicated to the discussion of specific solutions that would allow to protect sustainable economic ties and assure performance of international obligations and due processing of payments.