In accordance with the new Russian law on “landing of foreign internet-companies”, foreign companies working for Russia via internet with more than 500.000 of Russian users daily shall establish a Russian subsidiary by January 1, 2022.
Foreign internet-companies affected by the law shall have on its webpage an online-form for receiving complaints and applications. These companies shall also register an account at the website of Russian communications authority and use it for interaction with Russian governmental bodies.
The Russian subsidiary (a company or a branch) shall consider appeals from Russian individuals and companies, enforce court decisions and decisions of Russian authorities adopted in relation to its parent company, represent the interests of its parent company in courts, restrict access or delete illegal information.
A violating company may get a ban for advertising, payments, search results and access to its online resources, etc.
Please feel free to contact our lawyers to guide you through the new law and establish a Russian subsidiary.