Global Trade Alert
Global Trade Alert

Russia: Authorisation of profit distribution among the shareholders from "unfriendly" countries in rubles

Announcement

04 May 2022

In May 2022, the President of Russia issued Decree No. 254, mandating the distribution of profits generated by Russian limited liability companies among the investors from the "unfriendly states" to the special type of Russian bank account in rubles. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising