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Official website of the President of Russia

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Clarifying mechanisms of control over foreign investment in Russian business entities

December 29, 2022

The President signed the Federal Law On Amendments to Article 6 of the Federal Law On Foreign Investment in the Russian Federation and Articles 32 and 33 of the Federal Law On Protecting Competition.

The Federal Law details the procedure for informing the chairman of the Government Commission on Monitoring Foreign Investment in the Russian Federation of transactions involving the establishment of control over Russian business entities by foreign investors in order to determine whether such transactions are to be approved. The procedure for submitting and reviewing the applications for preliminary approval of these transactions has been improved.

December 29, 2022