Limited Liability Companies Law Amendments

Federal Law on Limited Liability Companies was amended in December 2008.

These amendments shall come into affect on July 1st, 2009 and address the following:

1. the right of shareholders to leave company without selling shares,

2. some aspects of shareholder's agreements,

3. notarization of transactions with shares,

4. approval of major & related-party transactions,

5. exercise of preemptive rights ad et cetera...

All changes shall be introduced to your company Charter up to January 1st, 2010, or it shall not be accepted in a bank, notary office and other state organs.


Nat Lawyer

Bloomberg Called Russian Stock Market Europe's Best

According to Bloomberg Russian stock market was Europe's best last month as the rouble rose and reserves stabilized.

The Micex equity index climbed 6.6 percent in February as the world’s second-biggest oil producer stopped speculators from driving down the ruble and depleting its $382 billion of foreign exchange reserves.

While Russia’s government said the economy will contract for the first time in a decade and currency reserves are down 36 percent from August, the nation’s relative strength is raising Prime Minister Vladimir Putin's influence over former Soviet states.

Russia is “still better off than others, mostly because of the reserves,” said Beat Siegenthaler, chief emerging-markets strategist in London for TD Securities Ltd.


It’s the perfect time for Russia to flex its muscles.






Nat Lawyer