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Official website of the President of Russia

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Law to develop small and medium-sized business

June 30, 2015

Vladimir Putin signed Federal Law On Amendments to Certain Legislative Acts of the Russian Federation to Develop Small and Medium-Sized Business in the Russian Federation.

The federal law aims to develop and support small and medium-sized business in the Russian Federation, increasing, in particular, the maximum share of foreign or Russian legal entities that are not entities of small or medium-sized business, in charter capital of small or medium-sized enterprises from 25 to 49 percent.

June 30, 2015