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Doing Corporate Business in Russia: From Civil Theory to Practice

By Anna S. Vlasova
Routledge October 2017

Specifications

ISBN-13
9781138091276
Publisher
Routledge
Publication
October 2017
Format
Paperback
Jurisdiction
U.K. ? Countri(es) for reference only

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Details

The right to do business in Russia is granted by the Constitution of the Russian Federation, which states that everyone shall have the right to freely use his or her abilities and property for entrepreneurial or any other economic activity not prohibited by the law. In the Russian Civil Code business activity is understood as an independent activity, performed at one's own risk, aimed at systematically deriving profit from the use of the property, the sale of commodities, the performance of work or the rendering of services by the persons, registered in this capacity in conformity with the law-established procedure.

Doing Corporate Business in Russia attempts to examine not only the theoretical aspects of Russian business procedures, but also to show specific nature of their implementation. This book offers an examination of the process of establishing, functioning and termination of various types of business corporations in the Russian Federation, and gives readers a thorough understanding of business in Russia. It clarifies the legal features of management, and interaction with contractors and public authorities.

It also touches upon the issues of legal linguistics and its role in legal practice. Knowledge in this field enables the reader to get a sense of the correct interpretation of the content of legal documents, proper definitions of terms and of the potential violations of the rights of business entities based on improper understanding of normative language. The book will be useful to scientists and practicing lawyers, students and anyone interested in the specifics of corporate business entities and Russian business climate.

Table of Contents

1. Legal outline of business activity in Russia
2. Concept and types of corporate business entities in Russia
3. Foundation of a corporate business entity
4. Starting a corporate business entity
5. Legal aspects of the corporate governance and its role in business processes
6. Contractual relations as a basis of doing business in Russia
7. Changes to corporate business entities while doing business
8. Bankruptcy of a corporate business entity
9. Liquidation of a corporate business entity as a final step of doing business in Russia

Appendices
Appendix A. Judicial System of the Russian Federation.
Appendix B. Decision of Founder(s) to Found a Legal Entity
Appendix C. Form of Decision on State Registration
Appendix D. Form of Entry Sheet from the USRLE
Appendix E. Notifying public Authorities on Starting Certain Activities
Appendix F. Notification Form on Starting Certain Business Activities
Appendix G. Description of Essential Terms of Contract by Various Legitimate Expressions
Appendix H. Example of Typical Structure of Civil Contract in Russia
Appendix I. Major Transaction (Deal) Decision Appendix J. Means of Securing Performance of Obligations
Appendix K. Consequences of reorganization
Appendix L. Main Steps of Liquidation Index
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