Insights | Denuo

21 / 1210:30 msk

Lease of commercial immovable property: analysis of key contract terms and negotiating positions of the parties

New procedure for allocating shares in the exclusive right to intellectual property

The recently introduced draft law that has just been introduced in the State Duma of the Russian Federation proposes to provide for the possibility of allocating shares in the exclusive right to intellectual property assets and to create a mechanism for the disposal of such shares. These amendments, if enacted, may have a significant impact on the structuring of joint ventures and on the early phases of structuring relationships between the founders of technology companies. They may also affect the structuring of M&A transactions where intellectual property plays a major role.

Partial “lifting” of the suspension of certain provisions of international tax treaties

The August Decree of the Russian President suspended certain provisions of tax treaties between the Russian Federation and 38 countries (“DDT”). The Russian Government has outlined measures to reduce the impact of the DTTs suspension on the Russian economy. In particular, it was suggested that an exemption from or a reduced corporate profits tax rate be established for certain types of income paid to those foreign companies that have previously been subject to an exemption from withholding taxation or a reduced withholding tax rate. Read further in our legal update.

Russian court holds sanctions clause to be valid and enforceable

The Moscow District Arbitrazh Court upheld the position of the lower courts in relation to the validity and enforceability of the sanctions clause. Read further in our legal update on the relevance of the case and the court’s findings.

New law on recommendation algorithms: impact on business and risk of blocking

Recent legislation changes have obliged owners of websites, applications and other online resources using recommendation algorithms, to inform users of the work of the algorithms and to publish the respective rules in Russian on their resources, making them freely available to the public on a free-of-charge basis. Read more about the new requirements in our legal update.

Important changes to Russian IT laws

On 1 September 2023, the provisions of more than 600 federal laws became effective. Our team has analysed the major regulatory changes in the intellectual property and technology area.

01 / 1110:30 msk

Pre-emptive right in business sale and purchase and establishment of JVs in Russia

Introduction of export duties in relation to broad range of goods

Export duties put in place from 1 October 2023 in relation to broad range of goods: what should exporters bear in mind? Read further in our legal update.

Amendments to the Federal Law “On non-profit organisations”: are there any challenges for software developers and open source?

At the end of summer 2023, amendments to Federal Law No. 7-FZ of 12 January 1996 “On Non-Profit Organisations” were introduced: the current version of art. 30.1 now prohibits not only civil and municipal servants, but also natural persons and legal entities from taking part in the activities of a foreign non-profit organisation that does not have divisions in Russia. To find out what has changed, how it relates to IP, what liability is stipulated, and what to expect, read our team’s latest legal update.

Restrictions on importing iron and steel products into the EU, UK and Switzerland

On 30 September 2023, new restrictions on importing iron and steel products of Russian origin into the European Union and the United Kingdom entered into force. Read more in our legal update.