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TMT – Technology, Media & Telecommunications

Russia

Fuelled by increased consumer demand for cutting edge products and low-cost services, your business is faced with the constant battle to offer ‘more for less’. Innovation is key, but you need to overcome significant regulatory and commercial hurdles. For the past two decades, our team of over 100 specialist partners in 35 countries has been exposed to every risk and challenge you face in the TMT sector such as IP infringements or anti-trust issues. This means we understand the industries in which you transact including telecommunications, technology, sourcing, sports and media as well as data protection and are able to develop innovative solutions for you.

Technological convergence coupled with the rapid spread of new technologies has opened up a wealth of opportunities in your industry and you must move swiftly to capitalise on them. To stay ahead of the competition, you need to spot and pre-empt legal difficulties before they arise. From M&A to investment and financing, from tax to licensing and product liability, from intellectual property to employment and environmental issues, from network sharing to outsourcing, our multi-disciplinary teams can help guide you towards the most commercially successful outcome.

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07 Apr 20
Rus­sia ap­proaches Cyprus to amend double tax­a­tion treaty
As an­nounced by the Rus­si­an Pres­id­ent on 25 March 2020, the Rus­si­an Min­istry of Fin­ance has sent* an of­fi­cial re­quest to the Min­istry of Fin­ance of Cyprus to modi­fy the ex­ist­ing double tax­a­tion treaty...
06 Apr 20
Pro­long­a­tion of non-work­ing days un­til 30 April 2020 due to COV­ID-19...
Dur­ing his na­tion­al ad­dress on 2 April, Pres­id­ent Putin an­nounced his de­cision to pro­long the ini­tial non-work­ing days from 4 April to 30 April 2020 in­clus­ive in or­der to fight against the spread of COV­ID-19....
06 Apr 20
COV­ID-19: Rus­sia passes new laws on tightened li­ab­il­ity, in­solv­ency,...
On 1 April 2020, Fed­er­al Laws No. 98-FZ*, 99-FZ* and 100-FZ* came in­to force in con­nec­tion with the spread of COV­ID-19, the dis­ease caused by the coronavir­us. In par­tic­u­lar, these laws do the fol­low­ing:...
02 Apr 20
COV­ID-19 in Rus­sia: latest tax and cus­toms de­vel­op­ments
Rus­si­an state bod­ies are con­tinu­ing to en­act pre­vi­ously an­nounced sup­port meas­ures in the area of tax and cus­toms, which bring more cla­ri­fic­a­tion and de­tails to the ini­tial an­nounce­ment, and in­tro­duce...
01 Apr 20
Coronavir­us (COV­ID-19) as force ma­jeure
Un­der Rus­si­an civil law, a leg­al en­tity is re­lieved from li­ab­il­ity for fail­ure to ful­fil an ob­lig­a­tion if such fail­ure is caused by ex­traordin­ary and in­ev­it­able cir­cum­stances (i.e. force ma­jeure cir­cum­stances)....
30 Mar 20
Max­im­um prices of medi­cines and med­ic­al devices can be set by gov­ern­ment...
On 26 March 2020, a Fed­er­al Law* came in­to force al­low­ing the Rus­si­an gov­ern­ment to set max­im­um prices for any medi­cines and med­ic­al devices for up to 90 days in case of an emer­gency or the threat of...
27 Mar 20
Em­ploy­ees in Rus­sia to be man­dat­or­ily off work from 30 March to 3...
In ac­cord­ance with an Ex­ec­ut­ive Or­der* of the Rus­si­an Pres­id­ent, from 30 March to 3 April 2020 em­ploy­ees in Rus­sia will have fully paid days off as part of meas­ures to keep em­ploy­ees at home and pre­vent...
27 Mar 20
Rus­si­an Pres­id­ent an­nounces rad­ic­al tax meas­ures
Dur­ing an ad­dress to the na­tion on 25 March, Rus­si­an Pres­id­ent Vladi­mir Putin an­nounced* anti-crisis meas­ures to sup­port Rus­si­an busi­nesses and in­di­vidu­als and to find ways to re­plen­ish the state budget....
20 Mar 20
Up­date on mi­gra­tion is­sues in Rus­sia in re­la­tion to COV­ID-19
On 19 March 2020, the Min­istry of In­tern­al Af­fairs is­sued a cla­ri­fic­a­tion* stat­ing it will pro­long the fol­low­ing: visas of for­eign na­tion­als who are cur­rently in Rus­sia; the dur­a­tion of the...
19 Mar 20
Rus­sia strengthens meas­ures to con­tain the spread of COV­ID-19
Rus­sia con­tin­ues to im­ple­ment meas­ures to re­duce the spread of COV­ID-19 at fed­er­al and re­gion­al level, which in­cludes: ex­tend­ing the re­gime of self-isol­a­tion; clos­ing all schools;...
10 Mar 20
EU Com­mis­sion's White Pa­per on Ar­ti­fi­cial In­tel­li­gence stresses ex­cel­lence...
Ar­ti­fi­cial in­tel­li­gence (AI) has now reached al­most all areas of life: mo­bil­ity, trade and health, to name but a few. As a res­ult, the EU Com­mis­sion has sum­mar­ised its vis­ion for the fu­ture of AI and...