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

List of interventions

Implementation date

04 May 2022

Revocation date:

No revocation date

Updated: 04 May 2022
Controls on commercial transactions and investment instruments In force
On 4 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...
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