Global Trade Alert
Global Trade Alert

Russia: Restriction for the investors from "unfriendly states" in the "establishment, modification or termination" of ownership of Russian LLCs

Announcement

08 Sep 2022

In September 2022, the Russian president signed Decree No. 618, imposing restrictions on investors from "unfriendly states" in relation to the "establishment, modification or termination" of ownership of Russian LLCs. 

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Sep 2022

Revocation date:

No revocation date

Announced: 08 Sep 2022
Controls on commercial transactions and investment instruments In force
On 8 September 2022, the President of Russia signed Decree No. 618, restricting capital transactions with foreign individuals and entities from "unfriendly countries" related to Russian limited liabil...
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Announced: 08 Sep 2022
FDI: Treatment and operations, nes In force
On 8 September 2022, the President of Russia signed Decree No. 618, restricting divestments by foreign individuals and entities from "unfriendly countries" from Russian limited liability companies (LL...
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Announced: 08 Sep 2022
FDI: Entry and ownership rule In force
On 8 September 2022, the President of Russia signed Decree No. 618, restricting investments of foreign individuals and entities from "unfriendly countries" into Russian limited liability companies (LL...
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Related State Acts

Announced: 01 Jul 2025

Russia: President exempts certain types of investment transactions from existing counter-sanctions measures to facilitate new FDI by foreign investors from "unfriendly" states

Announced: 18 Apr 2025

Russia: President instructs the government to adopt additional restrictions for foreign investment and commercial transactions by entities from "unfriendly" states

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Announced: 05 Dec 2024

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Russia: Daimler Truck secures government authorisation for selling its stake in Kamaz

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Russia: Bridgestone secures government authorisation for divestment from the Russian market

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Russia: Hyundai Motor secures government authorisation for divestment from the Russian market

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Russia: Adeo Group conducts divestment from the Russian market with the government authorisation

Announced: 26 Sep 2023

Russia: The size of the "voluntary contribution" upon divestment is increased to 15% of the market value

Announced: 18 Sep 2023

Russia: Mondi secures government authorisation for the sale of the Russian business

Announced: 21 Jul 2023

Russia: Government authorises Decathlon's divestment

Announced: 16 Jul 2023

Russia: Government places foreign stakes in Danone Russia and Baltika under temporary government control

Announced: 19 May 2023

Russia: Volkswagen secures government authorisation to exit the Russian market

Announced: 26 Apr 2023

Russia: Mercedes-Benz secures government authorisation for divestment from the Russian market

Announced: 20 Apr 2023

Russia: Henkel secures government authorisation for divestment from the Russian market

Announced: 27 Mar 2023

Russia: Imposition of a mandatory payment upon divestment by the companies from "unfriendly" countries

Announced: 14 Mar 2023

Russia: Nokian Tyres secures government authorisation for the sale of Russian business

Announced: 21 Feb 2023

Russia: Authorisation of Emerson's divestment from the Russian market

Announced: 16 Feb 2023

Russia: Government clears the divestment of IKEA

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Russia: Government authorises VEON's divestment

Announced: 31 Jan 2023

Russia: Hitachi Energy receives government authorisation for divestment

To be prolonged: 01 Jan 2026

Russia: Authorisation for certain companies to exclude the votes of shareholders from the "unfriendly" countries

Announced: 30 Dec 2022

Russia: Government imposes additional restrictions on divestment and capital repatriation by the firms from "unfriendly countries"

Announced: 15 Oct 2022

Russia: Restrictions on foreign investments in the Russian financial organisations from the "unfriendly" countries

Announced: 15 Jun 2022

Russia: Kinross Gold secures government authorisation for divestment from the Russian market

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Russian Federation: Changes in accepted currency regarding natural gas purchases by “unfriendly” countries

Announced: 30 Mar 2022

Russian Federation: Authorisation of parallel imports

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Russian Federation: Temporary export ban on foreign medical products

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Russian Federation: Legalisation of patent appropriation from “unfriendly” countries

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Russian Federation: 30% commission on foreign currency purchases by individuals

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