There will no longer be CJSC and OJSC in the Russian Federation
02.09.2014 2525

There will no longer be CJSC and OJSC in the Russian Federation

In Russia, on September 1, amendments to the Civil Code began to operate, according to which closed and open joint-stock companies (CJSC and OJSC), as well as additional liability companies (ALC), cease their activities. Instead of the usual forms of companies, "public" and "non-public" firms will appear. Public legal entities (as opposed to "non-public" ones) will be able to freely trade their securities. A joint stock company whose articles of association and company name indicate that it is public will be subject to the rules on public companies. All other joint stock companies, as well as limited liability companies (LLC) will now be non-public companies. It is comforting that the state does not require companies to urgently re-register, as well as the fact that state fees for bringing documents in line with the new rules will not be charged.

In Russia, from September 1, amendments to the Civil Code began to operate, according to which closed and open joint stock companies (CJSC and OJSC), as well as companies with an additional ...
5
1
Rating

Latest News

EKONIKA presented a new collection of its youth line Portal

READY, SET, GO! - this is the name of the Portal line from the EKONIKA shoe brand that will be released in the spring-summer season. The designers were inspired by the dynamic world of motorsport: speed and freedom of movement. All this is reflected in…
21.03.2025 239

"Two Balls" is now also clothing

Nine years after its revival in 2016, Russian sneaker brand Dva Myacha has added clothing to its range.
20.03.2025 242

Does New Balance go casual?

Known primarily for its sneakers, New Balance is increasingly turning to the casual urban footwear segment. Evidence of this is the new Allerdale shoe model in the brand's "Made in UK" line, writes Fashion…
20.03.2025 294

Camper releases new version of Pelotas Nu in collaboration with Sunnei

Camper has reimagined its signature Pelotas Nu shoe silhouette in a collaboration with the ironic and versatile Italian brand Sunnei.
19.03.2025 1276

Zenden shoe retail CEO Alexander Sarychev has left the company

Zenden shoe retail CEO Alexander Sarychev has left the company and refused to take a share in the Zenden business, writes Shopper's, citing the words of the…
19.03.2025 1584
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning