Being the largest among CIS countries with immense opportunities for business, according to annual World Bank reports, Russia has made the most progress among the biggest emerging economies in implementing policies to improve its investment climate in recent years.
The uniform customs territory in the framework of the Customs Union as well close cultural links between Kazakhstan and Russia and their common historic heritage are the main drivers for strong economic cooperation between the two countries and permanent growth for trade turnover and mutual investments.
Having been on cutting edge of the developments ever since its establishment and constantly striving to extend the scope of its services available to clients, in 2013 GRATA opened its office in Moscow.
Establishing a stronger presence in Russia, GRATA International opened an associated offices in Novosibirsk on the 1st of December 2016 and in Samara on the 23rd of January 2017.
Extensive, internationally recognized expertise in providing legal support to investors in connection with cross-border M&A and financial transactions, capital markets projects and project finance in the Central Asia region and the ability to handle the most complex multi-jurisdictional assignments in cost-efficient manner while delivering high-quality results are the key strengths that we are fully implementing in Russia.
Brochure: GRATA Russia
Brochure: Doing business in Russia
|Evgeniya Bondarenko||Managing Partner||Novosibirsk||Inquire|
|Almat Daumоv||Partner, Head of Natural Resources Department, Representative GRATA International (Moscow)||Moscow
|Yana Dianova||Director of Corporate and Commercial Law Department, GRATA International (Moscow)||Moscow||Inquire|
|Yevgeniy Gorokhov||Senior Lawyer of Dispute Resolution Department, Attorney at law, GRATA International (Moscow)||Moscow||Inquire|
|Dmitry Samigullin||Managing Partner||Samara||Inquire|
|Andrei Soukhomlinov||Managing Partner, Office Director, GRATA International (Moscow)||Moscow||Inquire|
|Eldar Ziatdinov||Director of Tax Law Department, GRATA International (Moscow)||Moscow||Inquire|
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The Federal target program "Development of Pharmaceutical and Medical Industries in the Russian Federation for the period till 2020 and thereafter" approved by the Decree of the Government of the Russian Federation (RF Government) dated 17 February 2011 No. 91 and the State Program of the Russian Federation 'Development of Pharmaceutical and Medical Industry' for 2013 - 2020 approved by the Decree of RF Government No. 305 dated 15 April 2014 provide for the increase by 2020 of the share of medical devices manufactured in Russia up to 40% in monetary terms.
This strategical goal is being attained by two principal methods:
- providing for incentives for localization of production facilities by foreign manufacturers in the Russian Federation, including granting of subsidies for organization of clinical trials and manufacturing of medical devices; and
- restriction for admission of medical devices of foreign origin to participation in the procurement of for state and municipal needs.
The Federal Law, dated 3 July 2016, No. 332-FZ (hereinafter - the 'Law No. 332-FZ') amended Article 188 'Termination of a Power of Attorney' and Article 189 'Consequences of the Termination of a Power of Attorney' of the Civil Code of the Russian Federation (hereinafter - the 'Civil Code').
On 11 August 2016, the Federal Antimonopoly Service of the Russian Federation (FAS Russia) imposed an administrative fine on Google Inc. in the amount of 438,067,400 roubles (6,760,299 US dollars at the official exchange rate of the Central Bank of the Russian Federation on the same date).
The Federal Law dated 29 December 2015 No. 382-FZ 'On Arbitration in the Russian Federation' (hereinafter - the 'Arbitration Law'), became a new step in the development of legislation governing the arbitral tribunals in Russia. In particular, from the entry into force of the said regulatory legal act, provisions of the Federal Law, dated 24 July 2002, No. 102-FZ 'On arbitral tribunals in the Russian Federation' (hereinafter - the 'Law No. 102-FZ') will not apply, except for the arbitration initiated and not completed prior to the Arbitration Law commencement date.
The Resolution of the Government of the Russian Federation No. 735, dated 1 August 2016, amended the terms of implementation of the Resolution of the Government of the Russian Federation No. 1517, dated 30 December 2015 'On the State Regulation of Prices for Medical Devices Included in the State List of Implantable Medical Devices Used When Providing Medical Assistance within the Program of State Guarantees of Free Medical Assistance'.
The deadline by which the medical devices manufacturers must submit to Roszdravnadzor the documents for the state registration of maximum selling prices for the respective devices was moved from 15 July 2016 to 15 July 2017.
The Federal Law, dated 3 July 2016, No. 315-FZ (hereinafter - the 'Law No. 315-FZ') amended Article 317.1 'Interest on Monetary Obligation' and Article 395 'Liability for Failure to Perform Monetary Obligation' of the Civil Code of the Russian Federation (hereinafter - the 'Civil Code').
On 29 July 2016, the Orders of the Ministry of Industry and Trade of the Russian Federation (Minpromtorg), dated 31 December 2015, entered into force that approved:
On 30 June 2016, the President of the Russian Federation signed the Decree No. 314 "On the Introduction of Amendments to the Presidential Decree, dated 28 November 2015, No. 583 'On Measures to Ensure the National Security of the Russian Federation and Protection of Citizens of the Russian Federation from criminal and other illegal actions, and on the Application of Special Economic Measures against the Republic of Turkey", which abrogated the restrictions on the sale by tour operators and travel agents to Russian citizens of the tourism products that include a visit to the territory of the Republic of Turkey.
The Federal Law of the Russian Federation No. 273-FZ, dated 3 July 2016, introduced amendments to the Federal Law 'On the Fundamentals of State Regulation of Trading Activities in the Russian Federation' and the Code of the Russian Federation on Administrative Violations, aimed at enhancing of the fundamentals of the state security in the domain of foods supplies, activation of the additional measures to support interests of domestic manufacturers and countering unfair competition through imposing by trade networks tying conditions on food products suppliers.
The Federal Law No. 208-FZ dated 23 June 2016 amended the Federal Law 'On Information, Information Technologies and Protection of Information' and the Code of the Russian Federation On Administrative Offences to provide for the duties of owners of news aggregators with respect to the storage and dissemination of information and liability for violation thereof.
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