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Official website of the President of Russia

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Introducing procedure for creating international companies on the territory of special administrative districts via incorporation

August 4, 2023

The President signed Federal Law On Amendments to Certain Legislative Acts of the Russian Federation.

The Federal Law is aimed at improving the legal status of international companies and international foundations created on the territory of the special administrative zones in the Kaliningrad Region and the Primorye Territory.

In part, the law provides for an opportunity to become an international company for a Russian economic entity established by a foreign commercial corporate organisation if the personal law of this organisation does not envisage or prohibits re-domiciliation on the territory of the Russian Federation and if its securities have been listed on the Russian stock exchange or a foreign stock exchange that meets certain criteria.

August 4, 2023