Author: Анна Сильнова
Cryptocurrency as a payment method
Daria Pogodina wrote an article for the Russian-Turkish Dialogue Association which reviews current issues of doing business between Russia and Turkey. The article covers key aspects of economic relations, legal issues, as well as the specifics of interaction in the field of international payments and taxation. Particular attention is paid to strategic areas for developing cooperation and potential risks that companies face when entering the Turkish market.
Other news
09.04.2026
March 26, 2026 – Winner in the “Legal Services” category at the annual Russian Business Guide. People of the Year Award
Situation with cross-border payments as of March 2025
Daria Pogodina presented a report on the topic “The situation with cross-border payments as of March 2025” in Lipetsk. During her speech Daria presented up-to-date information on the current state of cross-border settlements, including changes in the regulation of foreign exchange transactions and documentation requirements. Particular attention was paid to changes in international payment practices and the adaptation of businesses to new conditions. The report aroused interest among participants engaged in foreign economic activity.
Other news
09.04.2026
March 26, 2026 – Winner in the “Legal Services” category at the annual Russian Business Guide. People of the Year Award
Information on participants of a foreign organization for 2024 – submit before 03/28/2025
Dear Clients,
please pay attention that the term for submission of information on the participants of a foreign organization for 2024 expires on March 28th, 2025.
All foreign organizations and foreign structures without formation of a legal entity registered with tax authorities in the Russian Federation are obliged to inform the tax authorities of all direct participants and beneficiaries regardless of the share of participation, as well as of indirect participation of an individual or a public company (if their share exceeds 5%).
The above-mentioned information is to be submitted to the tax authority not later than on March 28th each year. An exception is foreign organizations that are registered with a Russian tax authority only for provision of services in electronic form.
Non-submission or late submission of the information entails a fine of RUB 50,000.
You can find our earlier publications on this issue here and here.
We will gladly support you in preparing and submitting information on the participants/beneficiaries of a foreign organization to the tax authorities.
Other news
09.04.2026
March 26, 2026 – Winner in the “Legal Services” category at the annual Russian Business Guide. People of the Year Award
Topics 2025: Practical Experience and Recommendations for Business Operations in Changing Conditions
PROGRAM
1. Current situation with international payments — overview and practical recommendations. Cryptocurrency payments — new opportunities for business?
Daria Pogodina — Managing Partner, swilar
2. Possibilities of transfers within the framework of foreign economic activity in rubles and yuan
Vasily Lukyanenko — Head of Department, JSC OTP Bank, Corporate Business Directorate
3. What to consider when working with personnel
Elena Balashova — Managing Partner, Balashova Legal Consultants
4. Liability insurance as an important element of risk management. Risks of directors and managers
Nikolay Artamonov — Underwriter for financial risks, JSC IC Turikum
5. Audit checklist — main errors identified by auditors in accounting and tax accounting based on the results of 2024 in the context of constant changes. Preparation for the annual audit
Olga Grigorieva – General Director of Sterngoff Audit LLC
6. Logistics and customs risks when importing to the Russian Federation. Latest practice: routes, customs control, inclusion of agent fees, dividends
Anna Dashicheva – Commercial Director of Polar Group LLC
Сhanges to corporate legislation: holding of meetings in companies
Dear Sirs or Mesdames,
we would like to inform you about the changes in the field of corporate law which will be important in the nearest time.
From March 01, 2025, significant new developments made by the Federal Law dated August 08, 2024 No. 287-FZ will come into force. A number of changes relates to limited liability companies (LLC).
So, the rules of holding general meetings of LLC participants have been amended, the related terminology has been changed. New rules will be applied, namely, while holding the annual meetings of participants according to the results of the year 2024.
Main changes are as follows:
The expression “general meeting” has been changed to “adoption of a resolution by the general meeting” or “meeting or absentee voting for adoption of a resolution by the general meeting”.
The meeting chairman will be elected only if the company does not have a Board of Directors (Supervisory Board). If it exists, the Chairman of such Board of Directors will take chair.
The forms of the general meeting will be as follows:
- a meeting, possible with remote participation;
- absentee voting, incl. by e-bulletins;
- a meeting combined with absentee voting.
In case of remote participation:
- participation will be executed using electronic/technical communications;
- a possibility is established to attend a meeting at the place of its holding or to hold a meeting without determining a place of holding;
- a possibility is established to make an online-broadcasting with access for the registered persons (upon a participant’s demand the company is obliged to provide access to the broadcasting recording).
Additionally, the rules of holding meetings combined with absentee voting have been fixed. Such meetings may be held in the cases stipulated by the company’s articles of association or by a unanimous resolution of all the company participants. Approval of annual reports and accounting (financial) statements is admitted at such meetings.
A separate article has been introduced dedicated to drafting and contents of the minutes of an LLC general meeting. It also stipulates that signing of the minutes by the secretary of the meeting will not be required.
Furthermore, a procedure was established in relation to adopting resolutions by the Board of Directors (the supervisory authority which is formed when it is stipulated by the articles of association). This authority may adopt resolutions at meetings (including those with remote participation) or by means of absentee voting. Similarly to meetings of company’s participants, meetings of the Board of Directors will be held with the possibility of personal attendance at the place of their holding as well as without determining such place.
The quorum when adopting Board resolutions will be not less than 1/2 of the number of Board members (if the greater number is not stipulated by the articles of association). The meeting may be combined with absentee voting.
The minutes according to the results of the meeting or the absentee voting will be prepared not later than 3 calendar days after the meeting or the end of document acceptance from the Board members (in case of absentee voting).
We will be happy to answer your questions arising in connection with the specified changes.
Your contacts on this topic:
Maria Matrosova
Nadezhda Maskaeva
Other news
09.04.2026
March 26, 2026 – Winner in the “Legal Services” category at the annual Russian Business Guide. People of the Year Award
SWISS & RUSSIAN VIEWS AND PERSPECTIVES BY ACADEMIA AND BUSINESS
Daria Pogodina spoke at the conference “Swiss & Russian Views and Perspectives by Academia and Business” with the report on the topic “Practical Experience in Intercultural Communication with German-Speaking Countries”. As a part of the presentation, the speaker shared practical observations and cases from professional interaction with partners from Germany, Austria and Switzerland. The issues of differences in business culture, communication models were considered, and recommendations were given on how to build cooperation in an intercultural environment effectively. The report aroused keen interest among participants from the academic and business environment.
Other news
09.04.2026
March 26, 2026 – Winner in the “Legal Services” category at the annual Russian Business Guide. People of the Year Award
Review of FSBU 4/2023 “Accounting (financial) statements”
Elena Kameneva spoke at the meeting of the Accounting Working Group of the Russian-German Chamber of Commerce with a report on the topic “Review of FSBU 4/2023 “Accounting (financial) statements””. During the speech Elena analyzed in detail the main provisions of the new standard, which came into force in 2023 and its impact on the procedure for preparing and submitting financial statements. The report included an analysis of key changes, features of the standard’s application for Russian companies, as well as practical recommendations for implementing the new approach in accounting practice. The seminar aroused interest among specialists in the field of accounting and finance.
Other news
09.04.2026
March 26, 2026 – Winner in the “Legal Services” category at the annual Russian Business Guide. People of the Year Award
International settlements in cryptocurrency in 2024. Recent changes and practice
Daria Pogodina spoke at the meeting of the Accounting Working Group of the Russian-German Chamber of Commerce with a report on the topic “International Settlements in Cryptocurrency in 2024. Recent Changes and Practice.” The speaker covered current changes in the regulation of cryptocurrency transactions, including new requirements for cross-border payments and legal aspects of using cryptocurrencies for international settlements. During the speech, recommendations were given for compliance with the law, and practical cases were considered demonstrating the successful use of cryptocurrencies in international business practice. The report aroused keen interest among accountants and specialists working with innovative financial instruments.
Other news
09.04.2026
March 26, 2026 – Winner in the “Legal Services” category at the annual Russian Business Guide. People of the Year Award
An article on the legalization of the legal status of cryptocurrency: how will this help businesses?
Especially for the November RBG (Russian Business Guide) magazine, swilar CEO Daria Pogodina and swilar Controlling Department Specialist Natalia Samonova discussed the current topic of cryptocurrency.
Другие новости
09.04.2026
March 26, 2026 – Winner in the “Legal Services” category at the annual Russian Business Guide. People of the Year Award
Online seminar 11/12/2024: Features of liquidation of companies with foreign participation: latest changes and practice
PROGRAM
1. Features of liquidation of foreign subsidiaries in 2024-2025.
Daria Pogodina, Managing Partner of swilar
2. Liquidation audit – features of the procedure.
Olga Grigorieva, General Director of Sterngoff Audit
3. Closing representative offices and branches of foreign companies – what to consider?
Daria Pogodina, Managing Partner of swilar
4. Features of termination of employment relations with employees during company liquidation.
Elena Balashova, Managing Partner of Balashova Legal Consultants
5. Planning the budget and financing of the company during the liquidation period.
Natalia Samonova, Head of Controlling Projects of swilar
6. Business valuation in Russia for the purpose of submission to the Government Commission.
Alexey Sitnikov, Director, Swiss Appraisal