Tax treaty between the Russian Federation and the United Arab Emirates: what to expect?
On 17 February 2025, the Russian Federation (RF) and the United Arab Emirates (UAE) signed a Double Tax Treaty. The agreement is expected to enter into force on 1 January 2026. The purpose of the Double Tax Treaty is to promote economic cooperation between the RF and the UAE, reduce the tax burden and create a favourable environment for businesses and citizens.
MAGENTA Legal's intellectual property lawyers discuss the most interesting and significant cases for the year 2024
MAGENTA Legal's intellectual property lawyers actively monitor the development of important intellectual property cases and how court decisions may affect current court practice. Tracking new trends in law enforcement allows us to develop the most effective strategies to protect our clients' interests.
PRAVO-300: individual rating of lawyers
The results of the authoritative Russian individual rating of lawyers PRAVO-300 have been summarised. Less than 45% of the nominated (and only a few people from a firm could be nominated) legal consultants were included in the rating, according to the organisers themselves. Managing Partner of MAGENTA Legal Anton Shamatonov is once again among the recommended specialists (IP: Protection of Rights and Litigation practice).
Offsetting, assignment and other types of cross-border settlements in foreign economic activity (FEA): courts are against it?
When one speaks of cross-border settlements, one usually thinks of a number of different legal structures for organising settlements between parties in different jurisdictions. In the last three years, we have supported more than 30 projects using such settlement models through assignment, assumption of debt, third-party defence, set-off, etc. (across Argentina, Brazil, Hong Kong, China, the United Arab Emirates, Serbia and Turkey).
Law “On advertising”: when will your company have to pay?
On 26 December 2024 the Federal Law "On Amendments to the Federal Law "On Advertising" and Certain Legislative Acts" was published. The provisions of the law that provide for the collection of an additional fee for the distribution of advertising will come into force on 1 April 2025.
Depositary Receipts: Webinar 26 February 2025
German law firm AWARR.legal and Russian law firm MAGENTA Legal held another joint webinar on claiming the dividends for the shares converted from the depositary receipts of the Russian companies.
Special regulation: transactions with foreigners. Update 2025
Traditionally, we update our guide on special regulation.There have been changes over the past 3 months
Use of a Third-Party Brand in Contextual Advertising
According to Article 1229 of the Civil Code of the Russian Federation, the use of intellectual property results or means of individualization (such as a trademark) without the rights holder’s consent is prohibited. Such use is unlawful and entails liability. Following the logic of the Civil Code of the Russian Federation, the use of a trademark as a keyword in contextual advertising may be deemed unlawful. However, courts often deny protection of rights on this basis.
Gazprombank: information on paying fees and checking account status for the holders of shares
Gazprombank: information on paying fees and checking account status for the holders of shares. Is it possible for the share account holders to check its status online and pay bank commissions in advance?
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