How and To Whom Foreigners Can Transfer Their Business in Russia | by Artem Barinov

In the context of tough sanctions being imposed on Russia in connection with its military actions in the Ukraine, a number of foreign companies announced their withdrawal from the country, suspension or ‘transfer’ of their business. Kommersant discussed with the lawyers what this can mean, what legal mechanisms exist and how foreigners can create conditions in advance for returning to the Russian market. Artem Barinov speaks about the option agreement as a method of transfer of business and defense of the beneficiary’s rights.

Learn more: Kommersant