There will no longer be CJSC and OJSC in the Russian Federation
02.09.2014 2384

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

Larroudé x Markarian's Red Patchwork Boots Were a Notable Event at New York Fashion Week

A highlight of New York Fashion Week, which ran from September 4 to 11, was the collaboration between Brazilian shoe brand Larroudé and New York women's clothing label Markarian. The hit of the collection were knee-high boots with an upper made using the…
13.09.2024 363

Camper launches advertising campaign in support of Pelotas model

Spanish footwear brand Camper is putting the spotlight on its iconic Pelotas sneaker this season with a campaign that includes a series of photographs by Spanish photographer Aitor Laspiura. The shots feature carefree…
12.09.2024 373

Milan's MICAM to showcase collections from thousands of footwear and accessory brands

The international exhibition of footwear and accessories MICAM will be held in Milan from September 15 to 17 at the Fiera Milano Rho exhibition center. The number of exhibiting brands is approaching a thousand, of which 475 are Italian and 457 are international, in…
12.09.2024 392

Golden Goose Reports Revenue Growth in First Half of Year

Italian luxury sneaker maker Golden Goose reported revenues of €2024 million in the first half of 307, up 12% year-on-year. The revenue growth was driven by strong…
11.09.2024 384

Haider Ackermann to Become New Creative Director of Tom Ford

Haider Ackermann will replace Peter Hockings as creative director of the fashion house Tom Ford. This means that Tom Ford has chosen Chanel as its creative director, jokes the editors of laconceria.it . - Karl Lagerfeld,…
10.09.2024 1414
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning