If you doing business in Russian Federation (“Russia”), you should be aware of the following: Fiscal transations shall be conducted in rubles (RUB), the national official currency. RUB payment transactions both in and out of Russia are strictly governed by the government and the Russian Central Bank. Foreign currency payments or RUB transfers between a…
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Di prassi per risolvere o modificare un contratto in Russia è necessario un accordo tra le parti, salvo previsioni e situazioni specifiche. Tuttavia, secondo le vigenti normative della Federazione Russa, si può anche ricorrere unilateralmente in tribunale. E questo nello specifico, quando ci si trovi di fronte a una violazione degli accordi della controparte o…
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China offers multiple opportunities for foreign investment. The 14th Five-Year Plan 2021 – 2025 (‘Five-year Plan), approved by the National People’s Congress on 11 March 2021, established a new economic model term - dual circulation. Dual circulation is a two-fold plan to stimulate domestic growth and consumption by boosting domestic and foreign markets. It aims…
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