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Amendments to the procedure for paying the registered capital of a limited liability company come into force.

The Federal Law No.129-FZ dated 05.05.2014 “On amendments to Article 90 of the first part of the Russian Civil Code and Article 16 of the Federal Law ‘On limited liability companies’ eliminates preliminary payment of 50% of registered capital before registration and reduces the total time allowed for payment from one year to four months.

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Collection of moneys from a debtor for non-performance of a court order

Decree No.22 dated 04.04.2014 of the plenary session of the Supreme Arbitration Court of the Russian Federation clarifies issues regarding the allocation of moneys to the plaintiff in case of non-performance of a court order.

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