Pavel Antonov of Accountor Russia presented information on the growing Russian e-commerce market and legal considerations for cross-border internet sales to Russia. The Russian e-commerce retail market grew to 1.1 trillion RUR in 2017, with cross-border sales accounting for 37% or 420 billion RUR. Key laws in Russia relate to personal data protection, consumer protection, advertising, and intellectual property. Foreign companies targeting Russian consumers are advised to establish a subsidiary, representative office, or branch to be in compliance with domestic laws, which are enforceable against entities operating within Russia. Accountor Russia provides services related to government relations, consumer protection, events and analytics for the e-commerce industry in Russia.
United Kingdom GDPR Action Taken Against Canadian CompanyBarry Schuman
Recently, the UK Information Commissioner’s Office (“ICO”), a non-governmental public body which serves as the independent regulatory office concerning data protection, decided to take action in the form of an enforcement notice issued on July 6, 2018, against a non-European entity following a purported breach of the GDPR.
Amid mounting criticism of Ireland’s privacy watchdog, top European Commission official Didier Reynders has come to Dublin’s defense, brushing off calls to penalize the country over claims it has failed to uphold Europeans’ privacy rights.
The defense, in a letter to MEPs, comes after lawmakers including Sophie in ‘t Veld and Tineke Strik from the Netherlands and Cornelia Ernst and Birgit Sippel from Germany urged the EU executive to open a disciplinary procedure against Dublin.
Russia to block access to LinkedIn for violating Personal Data LawPwC Russia
Breaking news from the courtroom: LinkedIn has lost an appeal and will be blocked in Russia.
We urge all businesses that gather the personal data of Russian users through their websites to carefully review the applicability of and their compliance with Russia’s Personal Data Law, particularly with respect to the data localisation requirement.
Data Localisation in Russia - A Self-imposed SanctionArtem Kozlyuk
Подробнее: http://rublacklist.net/11793/
Европейский центр по международной политической экономии (ECIPE): 286 млрд руб. потеряет Россия от правоприменения закона о переносе персональных данных
http://www.ecipe.org/publications/dataloc/
Exchange of Information and Evidence between Competition Authorities and Entr...Michal
This article concentrates on the exchange of information and evidence between
competition authorities. The issue is analyzed from the perspective of both antitrust
and merger cases. The level, scope and intensity of cooperation between competition
authorities differs in respect to these two kinds of cases and, to an extent, the applicable legal framework varies as well. Our analysis is based on EU law, national
legislation, and relevant case law, with attention also given to other sources of law
such as bilateral and multilateral agreements, best practices, recommendations etc.
In addition the problem of exchange of information is examined through the prism
of the Polish Competition Act. Regulation 1/2003 and the ECN, created upon
its provisions, provide detailed rules applicable for the exchange of evidence and
information between competition authorities in antitrust cases at the European
level. With respect to mergers, the provisions of Regulation 139/2004 do not have
the same high degree of influence, hence considerable attention is given to soft law
acts, such as recommendations of OECD and ICN, or best practices and informal
agreements adopted by national competition authorities.
United Kingdom GDPR Action Taken Against Canadian CompanyBarry Schuman
Recently, the UK Information Commissioner’s Office (“ICO”), a non-governmental public body which serves as the independent regulatory office concerning data protection, decided to take action in the form of an enforcement notice issued on July 6, 2018, against a non-European entity following a purported breach of the GDPR.
Amid mounting criticism of Ireland’s privacy watchdog, top European Commission official Didier Reynders has come to Dublin’s defense, brushing off calls to penalize the country over claims it has failed to uphold Europeans’ privacy rights.
The defense, in a letter to MEPs, comes after lawmakers including Sophie in ‘t Veld and Tineke Strik from the Netherlands and Cornelia Ernst and Birgit Sippel from Germany urged the EU executive to open a disciplinary procedure against Dublin.
Russia to block access to LinkedIn for violating Personal Data LawPwC Russia
Breaking news from the courtroom: LinkedIn has lost an appeal and will be blocked in Russia.
We urge all businesses that gather the personal data of Russian users through their websites to carefully review the applicability of and their compliance with Russia’s Personal Data Law, particularly with respect to the data localisation requirement.
Data Localisation in Russia - A Self-imposed SanctionArtem Kozlyuk
Подробнее: http://rublacklist.net/11793/
Европейский центр по международной политической экономии (ECIPE): 286 млрд руб. потеряет Россия от правоприменения закона о переносе персональных данных
http://www.ecipe.org/publications/dataloc/
Exchange of Information and Evidence between Competition Authorities and Entr...Michal
This article concentrates on the exchange of information and evidence between
competition authorities. The issue is analyzed from the perspective of both antitrust
and merger cases. The level, scope and intensity of cooperation between competition
authorities differs in respect to these two kinds of cases and, to an extent, the applicable legal framework varies as well. Our analysis is based on EU law, national
legislation, and relevant case law, with attention also given to other sources of law
such as bilateral and multilateral agreements, best practices, recommendations etc.
In addition the problem of exchange of information is examined through the prism
of the Polish Competition Act. Regulation 1/2003 and the ECN, created upon
its provisions, provide detailed rules applicable for the exchange of evidence and
information between competition authorities in antitrust cases at the European
level. With respect to mergers, the provisions of Regulation 139/2004 do not have
the same high degree of influence, hence considerable attention is given to soft law
acts, such as recommendations of OECD and ICN, or best practices and informal
agreements adopted by national competition authorities.
BITCOIN-TRACKING SYSTEM USED BY DANISH POLICE TO MAKE DRUG TRAFFICKERS ARRESTSSteven Rhyner
The {recent|current} {news|information} that the Danish {police|authorities|cops} {have|have actually} {become|ended up being|come to be} the {first|very first|initial} {in the world|on the planet|worldwide} to {hunt down|hound|pursue} Internet {drug|medication|medicine} traffickers by {analyzing|evaluating|examining|assessing} {related|associated|relevant} {transactions|deals|purchases} is, {in a way|in a manner|in such a way}, {a positive|a favorable} for the {image|picture|photo} of the {top|leading} {digital|electronic} {currency|money} {in the world|on the planet|worldwide}, Bitcoin.
Belgium Business Register (KBO BCE) in Open DataFrank De Saer
The Belgian enterprise register (Banque-Carrefour des Entreprises – BCE/Kruispuntbank van Ondernemingen – KBO) is the authentic source for all company information in Belgium. The legal framework governing the register was recently revised, also in order to increase the transparency of the register’s information and allow the re-use of the data. The updated version of the legal framework will for example allow the BCE/KBO to:
•offer a free set of open data;
•show more information on the Public Search website (f.e. legal situations of an enterprise) and enlarge the search possibilities;
•offer public search webservices
This should make it possible for companies and individuals to develop applications, having a positive effect on the economy in general. The new legal framework should enter into force on the 9th of May 2014.
Operational impact of gdpr finance industries in the caribbeanEquiGov Institute
A brief outline of the challenges that could be face by financial institutions with the implementation of the GDPR and recommendations to mitigate them
Are you ready for the General Data Protection Regulation?
VILT has compiled this Frequently Asked Questions document. Read about what it is and how we can help.
The New Russian Law on Personal Data. Latest Developments. Dmitry MarinichevGalina Aristova
This presentation outlines the work that was done by the Russian Internet ombudsman Dmitry Marinichev to prepare and implement the official explanations to the Russian Law on personal data 242-FZ which requires to localize personal data of Russian citizens on the Russian territory.
Freedom of Information request revealing the Ministry of Justice's involvement in criminally falsifying documents with Humberside Police as an accomplice made unsearchable by WhatDoTheyKnow
GDPR: Keep Your Website Out of Legal TroubleMickey Mellen
The GDPR takes affect on May 25, 2018, and you may need to make some changes to your website to stay in compliance or risk facing fines. The implications for most of us are likely minor, but some of our clients could have much greater needs. It's a complicated subject, so we'll big digging into:
- What the GDPR really is
- How it affects websites based in the US
- What the penalties could look like
- Tools and plugins to help you prepare
NO! If your email marketing complies with the new regulation, Outbound Marketing can still exist. Outbound Marketing has long been there with direct marketing and the data purchase list.
Sample Report: Global Online Payment Methods: Full Year 2017yStats.com
Free Report Samples for our publication " Global Online Payment Methods: Full Year 2017".
Find the full 2021 report available for purchase at: https://bit.ly/3wPpPbm
The General Data Protection Regulation (GDPR) is a regulation scheduled to be enacted on May 25, 2018. It is designed to protect the privacy and rights of EU citizens, no matter where they are in the world. These slides cover the basics of these regulations and how you can make sure you are EU compliant.
Find out what the most popular payment methods in Europe are. We'll explain how people in Europe prefer to pay so you can offer your customers payment methods they find most convenient - and drive more sales!
Start accepting payments on your website →→→ https://bit.ly/2xIN1Oj
Sample Report: Global Online Payment Methods: Second Half 2017yStats.com
Free Report Samples for our publication " Global Online Payment Methods: Second Half 2017".
Find the full updated 2021 report available for purchase at: https://bit.ly/3wPpPbm
Sample Report: Global Alternative Online Payment Methods: Second Half 2017yStats.com
Free Report Samples for our publication "Global Alternative Online Payment Methods: Second Half 2017".
Find the full updated 2020 report available for purchase at: https://bit.ly/3z7xLrj
BITCOIN-TRACKING SYSTEM USED BY DANISH POLICE TO MAKE DRUG TRAFFICKERS ARRESTSSteven Rhyner
The {recent|current} {news|information} that the Danish {police|authorities|cops} {have|have actually} {become|ended up being|come to be} the {first|very first|initial} {in the world|on the planet|worldwide} to {hunt down|hound|pursue} Internet {drug|medication|medicine} traffickers by {analyzing|evaluating|examining|assessing} {related|associated|relevant} {transactions|deals|purchases} is, {in a way|in a manner|in such a way}, {a positive|a favorable} for the {image|picture|photo} of the {top|leading} {digital|electronic} {currency|money} {in the world|on the planet|worldwide}, Bitcoin.
Belgium Business Register (KBO BCE) in Open DataFrank De Saer
The Belgian enterprise register (Banque-Carrefour des Entreprises – BCE/Kruispuntbank van Ondernemingen – KBO) is the authentic source for all company information in Belgium. The legal framework governing the register was recently revised, also in order to increase the transparency of the register’s information and allow the re-use of the data. The updated version of the legal framework will for example allow the BCE/KBO to:
•offer a free set of open data;
•show more information on the Public Search website (f.e. legal situations of an enterprise) and enlarge the search possibilities;
•offer public search webservices
This should make it possible for companies and individuals to develop applications, having a positive effect on the economy in general. The new legal framework should enter into force on the 9th of May 2014.
Operational impact of gdpr finance industries in the caribbeanEquiGov Institute
A brief outline of the challenges that could be face by financial institutions with the implementation of the GDPR and recommendations to mitigate them
Are you ready for the General Data Protection Regulation?
VILT has compiled this Frequently Asked Questions document. Read about what it is and how we can help.
The New Russian Law on Personal Data. Latest Developments. Dmitry MarinichevGalina Aristova
This presentation outlines the work that was done by the Russian Internet ombudsman Dmitry Marinichev to prepare and implement the official explanations to the Russian Law on personal data 242-FZ which requires to localize personal data of Russian citizens on the Russian territory.
Freedom of Information request revealing the Ministry of Justice's involvement in criminally falsifying documents with Humberside Police as an accomplice made unsearchable by WhatDoTheyKnow
GDPR: Keep Your Website Out of Legal TroubleMickey Mellen
The GDPR takes affect on May 25, 2018, and you may need to make some changes to your website to stay in compliance or risk facing fines. The implications for most of us are likely minor, but some of our clients could have much greater needs. It's a complicated subject, so we'll big digging into:
- What the GDPR really is
- How it affects websites based in the US
- What the penalties could look like
- Tools and plugins to help you prepare
NO! If your email marketing complies with the new regulation, Outbound Marketing can still exist. Outbound Marketing has long been there with direct marketing and the data purchase list.
Sample Report: Global Online Payment Methods: Full Year 2017yStats.com
Free Report Samples for our publication " Global Online Payment Methods: Full Year 2017".
Find the full 2021 report available for purchase at: https://bit.ly/3wPpPbm
The General Data Protection Regulation (GDPR) is a regulation scheduled to be enacted on May 25, 2018. It is designed to protect the privacy and rights of EU citizens, no matter where they are in the world. These slides cover the basics of these regulations and how you can make sure you are EU compliant.
Find out what the most popular payment methods in Europe are. We'll explain how people in Europe prefer to pay so you can offer your customers payment methods they find most convenient - and drive more sales!
Start accepting payments on your website →→→ https://bit.ly/2xIN1Oj
Sample Report: Global Online Payment Methods: Second Half 2017yStats.com
Free Report Samples for our publication " Global Online Payment Methods: Second Half 2017".
Find the full updated 2021 report available for purchase at: https://bit.ly/3wPpPbm
Sample Report: Global Alternative Online Payment Methods: Second Half 2017yStats.com
Free Report Samples for our publication "Global Alternative Online Payment Methods: Second Half 2017".
Find the full updated 2020 report available for purchase at: https://bit.ly/3z7xLrj
Free Report Samples for our publication "Poland B2C E-Commerce Market 2018".
Find recent B2C E-Commerce Market information about Poland and other countries at: https://bit.ly/3PKSjfn
Sample Report_Europe Buy Now Pay Later Industry and Trends 2021_by yStats.comyStats.com
-What is the Share of Consumers Who Would Like BNPL Added to the Credit Card or Current Account?
-What Top 5 Banks Offering BNPL Financing?
-What is the Average Customer Debt?
For answer you can find the full report available at:
https://ystats.com/shop/europe-buy-now-pay-later-industry-and-trends-2021/
Sample Report: Global Cross-Border B2C E-Commerce 2018yStats.com
Free Report Samples for our publication "Global Cross-Border B2C E-Commerce 2018".
Find the full 2020 report available for purchase at: https://bit.ly/3a6C242
Open Banking and Payment Service DirectiveLac Vuong
This is a summary of a wonderful EU directive that will extensively yield benefits to players and customers of various industries, beyond fintech, banking, payment and security. Enjoy! I hope you like it as much as I do.
Free Report Samples for our publication: "Kazakhstan B2C E-Commerce Market 2019"
Find the full report available for purchase at: https://bit.ly/3z8itCK
Sample Report: Global Cross-Border B2C E-Commerce 2017yStats.com
Free Report Samples for our publication "Global Cross-Border B2C E-Commerce 2017".
Find the full updated 2021 report available for purchase at: https://bit.ly/3PU5BpC
Sample Report: Saudi Arabia B2C E-Commerce Market 2016yStats.com
Free Report Samples for our publication "Saudi Arabia B2C E-Commerce Market 2016".
Find the full report available for purchase at: https://ystats.com/shop/saudi-arabia-b2c-e-commerce-market-2019/
Sample Report: Europe Cross-Border B2C E-Commerce 2017yStats.com
Free Report Samples for our publication "Europe Cross-Border B2C E-Commerce 2017".
Find the full updated 2021 report available for purchase at: https://bit.ly/3z9cXjo
Keynote speech by Mr. Esmond Lee, JP
Executive Director (Financial Infrastructure), Hong Kong Monetary Authority
Speech topic: Mobile, Internet-based and Electronic Payments – Initiatives and Regulations
Презентация "Факторинг" на семинаре по хеджированию валютных рисков и управлению ликвидностью в России.
Марина Стешина, директор по факторингу АО «Райффайзенбанк», Андрей Захаров,
Старший вице-президент по факторингу АО «Райффайзенбанк»
Accountor hosted another TaXmas event at the Embassy of Finland as it has been doing for already more than 6 years.
The first speaker, Olga Mazina, Head of Tax Consulting, talked about the taxation changes anticipated in 2017. Olga outlined the changes in the taxation of electronic services supplied by foreign providers, as well as the upcoming changes in transfer pricing and other significant changes in tax and accounting regulations.
Accountor hosted another TaXmas event at the Embassy of Finland as it has been doing for already more than 6 years.
The second speaker, Pavel Antonov, Head of Legal Department, talked about the latest court practice, giving an account of civil and tax disputes. Pavel chose the most relevant and interesting examples from the latest court practice and gave recommendations for foreign companies operating in Russia.
Accountor hosted another TaXmas event at the Embassy of Finland as it has been doing for already more than 6 years.
The third speaker, Olga Nazarenko, Chief Accountant, talked about the most effective ways to automate financial reporting and presented Accountor Reporting, our application for accounting and reporting. This tool allows accessing financial information anywhere from any device and provides clear reporting. All reports can be customized to meet any company’s needs. Accountor Reporting allows preparing financial statements faster and eliminates the risk of human error.
27.10.2016 г. Семинар компании Аккаунтор и АО "Райффайзенбанк" на тему "Хеджирование валютных рисков и управление ликвидностью в России". Презентация Ильи Дулина, директора по продуктам казначейства АО «Райффайзенбанк».
27.10.2016 г. Семинар компании Аккаунтор и АО "Райффайзенбанк" на тему "Хеджирование валютных рисков и управление ликвидностью в России". Презентация Екатерины Лапшонковой, старшего вице-президента группы развития продуктов по управлению ликвидностью АО «Райффайзенбанк»
27.10.2016 г. Семинар компании Аккаунтор и АО "Райффайзенбанк" на тему "Хеджирование валютных рисков и управление ликвидностью в России". Презентация Евгения Сумина, заместителя директора департамента бухгалтерского и налогового учета компании Аккаунтор.
27.10.2016 г. Семинар компании Аккаунтор и АО "Райффайзенбанк" на тему "Хеджирование валютных рисков и управление ликвидностью в России". Презентация Евгения Сумина, заместителя директора департамента бухгалтерского и налогового учета компании Аккаунтор.
+ Трансфертное ценообразование в России: нормы и правила, действующие в 2016 г.;
+ Разъяснения налоговых органов, относящиеся к вопросам трансфертного ценообразования;
+ Трансфертное ценообразование: основы анализа (проведение функционального анализа, выбор методов, рассмотрение конкретных примеров, использование открытых источников информации);
+ Подготовка документации по трансфертному ценообразованию: предупреждения и рекомендации.
According to Chapter 33 “Trade Levy” of the Russian Federation Tax Code and Article 1 of the Law of the City of Moscow № 62 of 17.12.2014 “On the Trade Levy” (hereinafter referred to as the Law of the City of Moscow № 62), trade levy is being introduced within the territory of Moscow on July 1, 2015.
Foreigners living in Russia often ask us about some particularities with the legal system in Russia. Today we answer one of these frequently asked questions
When setting up a company in Russia, this raises a question about what options are available to finance an OOO (LLC) and what the benefits each brings. In our article we will attempt to explain the basics.
Civil, business, contract and corporate laws were significantly amended in 2015, and very important Supreme Court rulings have been issued. Both these new amendments and rulings will affect and shape all business structures in 2016.
A practical case study based on Accountor Russia’s experience of business processes review, optimization and internal management of changes. This presentation dispenses professional advice and tools which allow addressing complex and challenging issues that many companies face today.
The most important changes that were introduced to the Russian Tax Code, accounting and audit law in 2015 and will come into force on January 01, 2016. recommendations about the latest transfer pricing practices as and taxation of interests for intra-group loans.
Мы сравнили виды юридических лиц/ форм ведения бизнес для иностранных компаний в России (филиал, представительство, дочерняя компания (ООО), филиал 000) по следующему ряду параметров: общие сведения, регистрация, стоимость регистрации, требования к форме собственности, юридический адрес, активы, деятельность, обязательные корпоративные процедуры, отчетность, ответственность, учредительные документы, система управления.
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptxanvithaav
These slides helps the student of international law to understand what is the nature of international law? and how international law was originated and developed?.
The slides was well structured along with the highlighted points for better understanding .
ASHWINI KUMAR UPADHYAY v/s Union of India.pptxshweeta209
transfer of the P.I.L filed by lawyer Ashwini Kumar Upadhyay in Delhi High Court to Supreme Court.
on the issue of UNIFORM MARRIAGE AGE of men and women.
In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
RIGHTS OF VICTIM EDITED PRESENTATION(SAIF JAVED).pptxOmGod1
Victims of crime have a range of rights designed to ensure their protection, support, and participation in the justice system. These rights include the right to be treated with dignity and respect, the right to be informed about the progress of their case, and the right to be heard during legal proceedings. Victims are entitled to protection from intimidation and harm, access to support services such as counseling and medical care, and the right to restitution from the offender. Additionally, many jurisdictions provide victims with the right to participate in parole hearings and the right to privacy to protect their personal information from public disclosure. These rights aim to acknowledge the impact of crime on victims and to provide them with the necessary resources and involvement in the judicial process.
Introducing New Government Regulation on Toll Road.pdfAHRP Law Firm
For nearly two decades, Government Regulation Number 15 of 2005 on Toll Roads ("GR No. 15/2005") has served as the cornerstone of toll road legislation. However, with the emergence of various new developments and legal requirements, the Government has enacted Government Regulation Number 23 of 2024 on Toll Roads to replace GR No. 15/2005. This new regulation introduces several provisions impacting toll business entities and toll road users. Find out more out insights about this topic in our Legal Brief publication.
Responsibilities of the office bearers while registering multi-state cooperat...Finlaw Consultancy Pvt Ltd
Introduction-
The process of register multi-state cooperative society in India is governed by the Multi-State Co-operative Societies Act, 2002. This process requires the office bearers to undertake several crucial responsibilities to ensure compliance with legal and regulatory frameworks. The key office bearers typically include the President, Secretary, and Treasurer, along with other elected members of the managing committee. Their responsibilities encompass administrative, legal, and financial duties essential for the successful registration and operation of the society.
DNA Testing in Civil and Criminal Matters.pptxpatrons legal
Get insights into DNA testing and its application in civil and criminal matters. Find out how it contributes to fair and accurate legal proceedings. For more information: https://www.patronslegal.com/criminal-litigation.html
Car Accident Injury Do I Have a Case....Knowyourright
Every year, thousands of Minnesotans are injured in car accidents. These injuries can be severe – even life-changing. Under Minnesota law, you can pursue compensation through a personal injury lawsuit.
How to Obtain Permanent Residency in the NetherlandsBridgeWest.eu
You can rely on our assistance if you are ready to apply for permanent residency. Find out more at: https://immigration-netherlands.com/obtain-a-permanent-residence-permit-in-the-netherlands/.
7. Source: J’son & Partners, AITC
Who buys from Russia? Where do they buy?
8. Source: J’son & Partners, AITC
What do They Buy? Cost of Orders Abroad
9. The Association of Internet Trade
Companies (AITC)
• Government relations;
• Promoting consumer rights protection (Trustmark – sign of a
trustworthy merchant and reliable business);
• Events, analytics and statistics;
• International cooperation:
AITC has built partnerships with a wide range of organizations
10. Important to know rules in:
• Privacy and data protection
• Consumer protection
• Advertising
• Digital signatures and
authentication
• Intellectual property
11. Key Laws in Russia Relating to
e-Commerce and Export of
Software and Services
12. The Civil Code
Stipulates in international
transactions:
• Purchase / Selling
relations
• IP rights
• Rules of jurisdiction ID
13. The Federal Law No. 152-FZ “On Personal
Data Protection”
Major requirements:
• Obtain a prior consent from data subjects,
especially before passing to 3rd parties
• Disclose the purpose of data collection
• Take appropriate technical and organizational
measures
• Guarantee confidentiality of the personal data
collected and processed
14. The Law of the RF No. 2300-1 “On Protection
of Consumers’ Rights”
• Relations between e-traders and non-commercial
consumers
• General ultimate consumers are well protected in theory
• Full disclosure of information in goods / service
15. The Order of the Government of the RF No. 612 dd
27/09/2007 “Rules of Sales of Goods by Remote
Method” (Distance Selling Regulations)
• Designed to protect consumers
• Goods and supporting services are purchased online
• The seller shall organize the whole process, if logistics features are
specified the liability is on the seller
• Exact time of delivery / or reasonable term / or 7 days rule
• In the event of non-acceptance by the buyer – re-delivery at the
purchaser’s cost
• Full description and disclosure of the seller in the documentation
16. The Federal Law No. 63-FZ “On The
Digital Signature”
• Discloses all details when digital signature is legally
enforceable
• Not used widely in online sales / public offer acceptance is
used / “buy now” button
• There is difference between simple and reinforced
signature
• The latter has the same legal weight as a handwritten
hard copy document
18. B2C?
Russian domestic laws and norms are hardly
enforceable against foreign legal entities
targeting Russian consumers
19. Form of presence to be used:
• Subsidiary (legal entity) under the RF law / more local risks consumer
protection / full enforcement of local rules and laws
• Representative office / promote the interests of selling company /
info gathering operations / less enforcement of local rules
• Branch office / commercial activities on behalf of HQ
BUT not import for distribution to the 3rd parties (only Russian legal
entities are able to declare goods / or use a partner in Russia
20. Internet store located in Russia
• Do I need transactions in rubles?
• Do I need own warehouse in Russia?
• Do I plan logistics and delivery myself?
• Do I plan to take care about customers myself?
• Do I plan to hire Russians?
• Do I plan to do marketing and PR myself?
If “YES” – you should establish an LLC in Russia
21. Internet store located in Russia
Documentation needed:
1. End User License Agreement
General terms of use of the web page (review of goods, filling out the form).
2. Confidentiality Policy
Personal data protection rules, use of cookies, IP, etc. Should not be
registered in Roskomnadzor.
3. Public offer for a distant sale of goods
Detailed document referring to the order confirmation, payment, delivery,
return, signature, e-mail use, disclaimer.
23. Types of SaaS Agreements in Russia
Subject:
• Access via a standard browser
• Connection with hardware/software of
• client
• Issuance of a client’s software for connection
with the cloud service
Financial terms and conditions:
• Subscription fee
• Payment for a certain volume used
• Payment for a number of users
Level of maintenance:
• Correction of critical failures and mistakes
• Consulting of fine tuning and maintenance
• Customizing of the client’s version
24. Contract Model of SaaS from Finland
to Russia
Forms:
1. License Agreement
2. Service Agreement
3. Mixture of above
Risks related to documentation /
agreement:
1. WARRANTIES FROM PROVIDER – SERVICE
“AS IS” (except individuals)
2. RISKS OF USE ONLY PROPER SOFTWARE
3. CONFIDENTIALITY AND PRIVACY RISKS
25. Export of Applications (Software)
via App Stores
License Agreements for Google Play and Apple iTunes:
• Free-to-pay app with in-app purchase agreement
• Premium app agreement
• Free-app agreement
27. Software Distribution Agreements
Volume of transferred rights:
• Market and Sell Agreements
• Sublicense Agreements
• SaaS Agreements
• Own software development – modifying of
imported product
Financial terms and conditions:
• Royalty payments
• End user price less discount
• Flat fee
28. Types of License Agreements
Forms/Examples:
1. End-User License Agreement
2. End-User Sub-License Agreement
3. License Agreement with a developer
4. License Agreement with a distributor
Financial Conditions:
1. Lump sum
2. Fixed fee every period
3. % from revenue
4. As discount for end-user
Volume Of Transferred Rights:
1. For launching and certain
functionality
2. For distribution and sales of software
3. With the right of sublicense
4. For development own software
29. Registrations in Russia:
Copyrights for computer programs and related rights
• Helps in court proceedings as evidence;
• Easier to be included in the registrar of software;
• Easier to negotiate with the partners.
Copyrights for databases and related rights
• Confirmation in case of inquiry of counterparts &
authorities;
• Confirmation of intangible asset booking;
• Evidence in potential disputes with the 3rd parties.
Trade marks (including service marks)
• Visibility and competition;
• Official use on the goods, adds and domain;
• Prohibition to use similar marks to the competitors;
• Fee under license agreements;
• Reimbursement up to 5 mio RUB in case of breach.
31. Export of services which are
carried out by Finnish company
in Russia (Finnish work force is
temporarily located in Russia)
32. The most recent news and expectations
LinkedIn Case in 2016 - 2017
• The 1st notice in May and blocking in November;
• The court ruled that under art. 1212 of the Civil Code the personal data laws apply to foreign
websites targeting Russian market;
• Other laws may apply to foreign websites (consumer protection, advertising, etc).
New cash registers for online retailers in 2017
• Equipment should support online transfer of date to the tax authorities;
• Additional costs for the future periods.
Anti-Sanction: Cross-Border Transfer Restrictions – Amendments to Federal Law in
2017
• Amendments to the Law on the National Payment System;
• If a foreign state introduces restriction on payments via Russian payment systems, the only
payment system controlled by Russia may be used for money transfers to such state without
opening a bank account;
33. Contact Us Thank you for reading our presentation.
Feel free to contact us
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Daniil Berlizov
Business Development
Director
Mob.: +7 916 539 68 66
Daniil.Berlizov@accountor.ru
Pertti Sarosalo
Sales Director Nordics
Mob.: +358 40 590 76 03
Pertti.Sarosalo@accountor.r
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