Forbes has published an article written by Natalia Demina and Robert Houchill
For Forbes Russia the Head of the Private Wealth Practice, Natalia Demina, and solicitor, Robert Houchill, provided their assessment of the recent legislative changes in the UK and recent announcement to review the immigration of Tier 1 Investors, including for Russian citizens, as well as the potential use of Unexplained Wealth Orders. To read…
04.04.2018
Maxima Legal has again been included in the map of the legal market in St Petersburg
Delovoy Peterburg has published a study titled ‘The map of legal services in St Petersburg’, which compares 51 regional law firms, including regional offices of federal and international companies. The studies includes the number of hours spent by the law firms on assisting clients in 2017 and also the spread of workloads over 16 practice areas…
28.03.2018
Maxima Legal has been included among the leaders in the legal market in Chambers Europe 2018
Rating agency Chambers & Partners has published its latest international rating of law firms, Chambers Europe 2018. As in the previous publication, Maxima Legal has been listed in the category of General Business Law – St Petersburg. The editors of the ratings emphasised that the firm is well-known in the local market as well as among…
12.03.2018
A unified biometric system has been created in Russia which can be accessed banks and law enforcement agencies
At the end of 2017, changes were made to data protection law which allows for the collecting of individuals’ biometric information, for example, when dealing with a bank or government departments and has created a ‘unified biometric system’. Such data can be collected with the permission of the individual for the purpose of applying for financial…
04.03.2018
Tightening of the UK`s approach to tax evasion and other financial crimes. The Creminal Finances ct 2017
Notable recent changes in the law include the power to apply for, including without notice, Unexplained Wealth Orders against politically exposed persons or those involved or associated with serious crime where there are reasonable grounds for suspecting that such persons hold assets disproportionate to their known income. Once an Unexplained…
04.03.2018
Capital amnesty 2.0
A bill has been passed which extends the periods for an amnesty of capital, enabling companies and individuals to take part in the so-called second stage of the capital amnesty (from 1 March 2018 to 28 February 2019). A voluntary declaration of property, as with the first stage of the amnesty, is made by an entity or individual in return for…
22.02.2018
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…
29.12.2017
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…
22.12.2017
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…
01.10.2017
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…
23.08.2017