How Foreign Investors Can Leave Russia: Disposing of Shares, Distributing Profit, Dividends

This video contains information about the options for foreign investors to leave Russia and about the changes in the regulation of the activity of commercial organisations in which foreign members participate. This video also contains information about transactions with shares of Russian companies, about transactions with membership interests in the issued capital of a limited liability company in the event that foreign investors withdraw, about the options to distribute net profit and the conditions for claiming dividends, etc. Anatoly Mashkov - Head, Corporate Law Group at Pepeliaev Group. He specialises in corporate and civil law. Anatoly advises clients on general matters of corporate law, including: creating, reorganising and liquidating legal entities of various legal forms, setting up and supporting the activity of joint ventures and representative offices of foreign companies in Russia, and advising on corporate governance and other aspects of corporate law. Table of contents 00:00 – lead-in 00:47- changes in the regulation of the activity of commercial organisations in which foreign members participate (the Russian President’s Order No. 81) 1:27 - the main purpose of the restrictions introduced by Order No. 81 is to limit the possibility for hostile non-residents to quickly dispose of the Russian assets and to distribute and withdraw outside Russia the net profit that had been accumulated over the previous periods 2:23 - transactions with shares of Russian companies and obtaining the consent from the special governmental commission for transactions to be concluded with the shares of Russian companies 2:57 - the conditions for transactions to be concluded without a permission from the Russian Finance Ministry’s governmental commission 5:12 - the main issues that existed before Order No. 254 was adopted 5:36 - transactions with membership interests in the issued capital of limited liability companies when foreign investors leave the Russian market 5:50 - how membership interests in the issued capital of limited liability companies were disposed of before Order No. 254 was published 6:59 - the conditions for acquiring a membership interest in a limited liability company without a permission from the governmental commission 7:34 - distributing the profit of Russian companies 8:00 - the procedure for distributing dividends according to Order No. 95 (opening the special account of type “C”) 8:55 - the specifics of opening the account of type “C” established by Order No. №95 when the account of type “C” is opened 9:39 - the conditions for claiming dividends Our website Our calendar of events Subscribe to our business newsletters: ● Bankruptcy ● General legal digest ● Tax digest ● etc. To subscribe to our newsletters, please access your personal account on our website (or register) and select the necessary subscriptions - access to the personal account/registration An invitation link to our Telegram channel: To search on the Telegram App: @Pgp_official All our Telegram channels