A bill on external administration of foreign companies that have left Russia is ready to be submitted to parliament.
The current version looks more moderate compared to earlier versions in March.
External administration is only planned upon a claim filed by the Commission under the Ministry of Economy. The draft foresees no confiscation or direct nationalization of assets, a simple mechanism for the owners to regain control.
"Accelerated bankruptcy" and transfer of assets to another owner should be possible only as the last option with a clearly regulated auction-based sale of assets.
We will revert to you shortly
Bellerage Online© is a tool for quick and efficient interaction with your outsourcing partner. Monitor financial and administrative processes from anywhere in the world 24/7.
Accessible via web or mobile app, our unique platform allows you to:
Bellerage Online© is free for our clients and available to an unlimited number of users - from operational staff to headquarter representatives. Available in an English and Russian version.
Your browser is not supported