The Government of the Russian Federation extends a number of business support measures until the end of 2023

1 November 2022, Tuesday

“These measures will reduce the negative consequences of the sanctions, reduce the administrative burden for our entrepreneurs and achieve a more equitable redistribution of risks,” said Mikhail Mishustin.

The point is, in particular, that joint-stock companies and limited liability companies will be able to avoid liquidation if the value of their assets falls below the size of the authorized capital.

In case of reorganization of public joint-stock companies, it will be possible to determine the weighted average value of their shares within one month.

Landlords will retain the ability to collect payments from tenants from unfriendly countries who have closed their stores but continue to occupy space in the amount of the average monthly payment for the past year or terminate the contract unilaterally.

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