New currency resident

A new law has been published which provides for changes to currency residency; the objective of the changes is to simplify currency control for some categories of Russian citizens.  According to the changes made on 28 December 2017 to the law titled ‘About currency regulation and control’, Russian citizens will no longer be required to notify tax…


Automatic exchange of financial information has been activated

The Russian Federation’s participation in the system of automatic exchange of tax information (the Common Reporting Standard), as part of the de-offshorisation process initiated the country’s leadership a few years ago, is one of the most significant recent legal events. The automatic exchange of information about bank accounts is intended to…


The Institute Stroiproekt is collaborating with Maxima Legal in preparing a project for the construction of a bypass and bridge in the city of Barnual over the river Ob

Maxima Legal has been instructed by the Institute Stroiproekt as the legal adviser to prepare a large-scale concession project in the Altai region for the construction of a toll road made up of a bypass and bridge over the river Ob in the city of Barnaul. The project will be made up of three parts, the first and third parts include the…


Vladimir Kilinkarov and Elena Kilinkarova have again been listed in the Best Lawyers 2017 (Russia)

On 15 June, the international legal rating publication Best Lawyers released the results of its research for 2017. Partner at Maxima Legal, Vladimir Kilinkarov, was recognised in the category of Corporate Law (St Petersburg) as well as Head of the Tax Practice, Elena Kilinkarova, for Tax Law. Best Lawyers is one of the oldest and respected ratings…


Maxim Ali has given a presentation at a business breakfast titled ‘Digital marketing: new tools for promoting real estate’

On 7 July at a restaurant in central St Petersburg called Arka a business breakfast titled ‘Digital marketing: new tools for promoting real estate’ took place as part of a set of business meetings arranged by business club Meeting!, for which Maxima Legal is the legal partner. Owners of businesses in the real estate sector, heads of advertising…


Maxima Legal has lead a roundtable event on ‘The prospects for development of public-private partnerships in the regions of Russia’

On 3 June, a roundtable event organised by Maxima Legal, along with the business group ‘Leaders Club’ and supported by the Agency for Strategic Initiatives in the North-western federal region, took place as a fringe event of the St Petersburg International Economic Forum.   The event was at the Crowne Plaza hotel and was titled ‘The…


A strengthening of the legislation on data protection

On 1 July 2017 a new law will come into effect which makes changes to the liability for breaching legalisation on data protection. The changes were made by the federal law dated 2 February 2017 number 13-F3 titled ‘About the introduction of changes to the Code of the Russian Federation for Administrative Offences’. The law relates only to an…


A simplification of the documentation required when establishing a legal entity

Since 1 January 2017 an entry on the register of companies and entrepreneurs is now the only document required to confirm the registration of a company or entrepreneur. The registers containing such records in Russia are the Unified State Register of Legal Entities (USRLE) and the Unified State Register of Individual Entrepreneurs (USRIE). Under…


Conference at the Law Faculty of St Petersburg State University

On 18 November, Natalia Demina, Associate at Maxima Legal, attended the conference titled ‘Problems with cooperation between participants of legal aid systems and issues of public control’. Natalia gave a presentation on the topic of ‘Pro bono practice or a few words about the social responsibility of Russian law firms’. Participants in the…


Maxima Legal starts working with VTB-24 Bank

Maxima Legal’s Private Wealth department has signed an agreement to work together with one of Russia’s leading private banks, Bank VTB-24. Together with Bank VTB-24, we aim to develop a long and mutually beneficial relationship.