Perfection of the Russian legislation on registration of legal bodies and private entrepreneurs

Project description

The imperfections and limitations of the Russian federal law ‘On State Registration of Legal Entities and Individual Entrepreneurs’ that regulated the state registration of legal entities and individual entrepreneurs during their establishment, reorganization or liquidation, led to a renewed partnership between CILC and the Russian Supreme Commercial Court (SCC), the highest judicial body for the resolution of commercial disputes in Russia, in 2009. This law was subjected to a critical review, as it hampered economic development and frustrated legal safeguards for business actors in the Russian Federation. Following the inception phase, a logical path of activities was drawn up ranging from the design of an analytical report on the main problematic issues, to various consultation rounds and expert meetings in Moscow, a study visit to the Netherlands for broadening legal expertise, and a roundtable discussion on preliminary amendments to the current legislation. After the last roundtable discussion in October 2010, the working group of the SCC prepared the proposed amendments to the federal law and included them in a draft law for a final commentary by the Dutch experts involved. This draft law was handed over in December 2010 and commented upon in January 2011. Subsequently, the Russian working group would start discussions with the Ministry of Economic Development and Trade of the Russian Federation and then the Presidential Administration on the draft law and its introduction in the State Duma for consideration, approval and adoption.