#3. Welcome Home

Dear readers,

We are pleased to present the autumn issue of our corporate magazine
“Korpus Prava.Analytics”.

The latest issue that you are reading now includes quite a big number of articles on various topics.

The main topic that we have touched upon is redomiciliation, since on August 03, 2018 the Russian parliament adopted a number of legislative acts regulating the possibility of conducting the procedure of redomiciliation of foreign companies to the Russian Federation in exchange for granting tax advantages. At first glance, the logic is simple and straightforward – if a foreign business failed to be ultimately deoffshorized, that business needs to be made offshore but in Russia. See the main aspects of innovations and general information about the redomiciliation institution in this issue.

Our senior lawyer of Korpus Prava Private Wealth practice has spoken in detail about inheritance of pension savings: required documents, the filing procedure, payment deadlines. You are welcome to familiarize yourself with this article if the topic is relevant for you.

Absolutely everyone seems to have heard about the General Data Protection Regulation since this innovation has startled almost all industries in the EU, Russia and all other countries of the world. The article of the lawyer Irina Otrokhova describes the key points of the regulation. Be careful as the amounts of fines for violations are striking.

According to the law which comes into force on January 1, 2019, it will be possible for tax authorities to obtain information about taxpayers from auditors. The final version of the law contains not just the possibility of filing the request but also specific conditions required to be fulfilled. So far, it seems that the law is somewhat unfinished and will not work properly. But the details can be found in the article of our auditor, deputy director Svetlana Sviridenkova.

I hope the materials will be relevant and useful to you. You are always welcome to contact us with your suggestions or questions which we will try to deal with in our subsequent articles. I thank everyone who took the time to leave their feedback.

Have a nice read!

Artem Paleev
Managing Partner
Korpus Prava

Tatiana Frolova

Leading Lawyer

Korpus Prava Private Wealth

This law came into force on January 1, 2002 and marked an attempt to reform the pension system in Russia. Within the meaning of the law, a part of the employer's pension contributions was meant to form the funded part of the pension.

Anna Senchenko, LL. M.

Leading Lawyer

Tax and Legal Practice

Korpus Prava (Russia)

The "beneficial owner of income" institution was introduced into the Tax Code of the Russian Federation only in 2015, but has been successfully applied in other countries (including in Switzerland, Austria, Germany, the Netherlands, etc.).

Olga Kuramshina

Ex-Leading Lawyer

Tax and Legal Practice

Korpus Prava (Russia)

The Organization for Economic Co-operation and Development, or the OECD approved a global response plan with the Base Erosion and Profit Shifting, or the BEPS in 2013

Irina Otrokhova

Chief Compliance Officer

Corporate Services

Korpus Prava (Cyprus)

GDPR is a regulation in European Union law on data protection and privacy for all individuals within the European Union (EU) and the European Economic Area (EEA). It also addresses the export of personal data outside the EU and EEA areas.

Roman Moskovskikh


Tax and Legal Practice

Korpus Prava (Russia)

Mandatory proposal is addressed to anyone who responds to it. It is intended to protect the interests not of individual groups, but of all shareholders of the company.

Diana Voroshilova

Ex-Lawyer Assistant

Tax and Legal Practice

Korpus Prava (Russia)

The next stage of development has begun in the Russian Bankruptcy Law: a new chapter III.2 has been introduced into the Bankruptcy Law.

Svetlana Sviridenkova


Audit Practice

Korpus Prava (Russia)

Federal Law No. 231-FZ dated 29 July 2018 (the Law) amending Part One of the Tax Code will come into force on 1 January 2019. According to this Law, the tax authorities will have the opportunity to obtain information about taxpayers from audit organizations and individual auditors (auditors).

Ekaterina Pazemova

Master of International Private Law

Legal and Tax Advisor

Saint-Gobain Group

Redomiciliation, being relatively undeveloped on a global scale, at the same time represents an actual topic that has been developed under private international law practice and doctrine.

Alexey Oskin

Deputy Director

Tax and Legal Practice

Korpus Prava (Russia)

The Russian Parliament adopted a number of legislative acts regulating the possibility of conducting the redomiciliation procedure of foreign companies in the Russian Federation in exchange for providing tax advantages.