Amendments to certain legislative acts of the Russian Federation

22 November 2019, Friday

The Federal Law of November 12, 2019 N 377-ФЗ "On Amending Certain Legislative Acts of the Russian Federation" (hereinafter - the Federal Law) was adopted.

A number of legislative acts are clarified on issues of entering information into the Unified State Register of Legal Entities, the Unified State Register of Individual Entrepreneurs, the Unified Federal Register of Information on the Facts of Activities of Legal Entities, and the Unified Federal Register of Bankruptcy Information.

In particular, the list of information that must be posted in the Unified Federal Register of Information on the Facts of the Activities of Legal Entities, Individual Entrepreneurs and Other Economic Entities was supplemented. Information on the sale of the enterprise or its transfer to lease, a notice on the liquidation of a legal entity, a notice on the reorganization of a legal entity, a notice on a decrease in the authorized (joint-stock) capital of a legal entity are subject to mandatory entry into the register.

In addition, from April 1, 2020, the Federal Law establishes the right of participants in civil turnover to enter information on the existence of a right to buy back property, on restrictions on rights under a contract, on retention of things and the conditions for termination of the right of retention, on preservation of ownership of goods the party to the contract, on the guarantee and other information, with the exception of information whose access is limited in accordance with the legislation of the Russian Federation.

The federal law entered into force on November 12, 2019, with the exception of provisions for which a different time frame for enforcement has been established.

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