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On 1 July 2021, President Putin signed one of the most significant bills of 2021 in Russia and in doing so turned Russian IT regulation on its head. The “Landing Law”, which regulates the activity of foreign IT entities in Russia, marks a new trend in the regulation of information technology in Russia.

The main development is that under the new law foreign information technology companies will be required to establish a physical presence in Russia.

Baker McKenzie organized an interactive webinar on the new law: attorneys provided additional details and discussed the key points related to adoption of the law, its main provisions and implementation issues.

The topics of the webinar are as follows:

  • The new reality: background to the Landing Law
  • What is the official position of Russia’s authorities and stakeholders on the new law?
  • Who is affected by the new rules and what to expect?
  • What enforcement measures does the law provide?
  • Three steps towards fulfilling the law: will that be enough?
  • Local office in Russia: branch, rep. office or subsidiary?
  • What are the critical Russian tax considerations?
  • What are the possible risks for IT companies after the enactment of the law?

Author

Sergei Voitishkin is the managing partner of the Moscow branch of Baker Mckenzie’s CIS offices and head of the CIS Corporate & M&A Practice Group. Recommended by Chambers, Legal 500 and PLC Which lawyer?, he is experienced in corporate and commercial law matters. In recent years, he has served as lead lawyer on a number of high-profile mergers and acquisitions in Russia.

Author

Dmitry Marchan is a partner in the Moscow office of Baker McKenzie. He is knowledgeable in various M&A transactions, general corporate support for foreign companies operating in Russia, advising on various acquisitions, joint ventures, antimonopoly issues, infrastructure and PPP projects. Mr. Marchan has extensive experience in power projects.

Author

Alexander Monin is a partner in Baker McKenzie's Moscow office. He practices in the areas of trade and commerce, mergers and acquisitions, as well as private equity. He is recommended by European Legal 500 in its 2008 edition. Mr. Monin earned his Bachelor of Law and his Law Degree in International Law at the Moscow State Institute of International Relations, and was admitted to practice law in Russia in 1997. Mr. Monin focuses his practice on commercial agreements and contracts, private M&A transactions, private equity and anti-corruption matters. His practice also includes corporate counseling and governance for private companies.

Author

Darya Ermolina is a counsel in Baker McKenzie’s Moscow office. Recommended by Legal 500, she is seasoned in IP enforcement and litigation. Prior to joining the Firm, Ms. Ermolina worked as a lawyer at another international law firm.

Author

Arseny Seidov is a partner in the Tax Practice Group of Baker McKenzie's Moscow office. Prior to joining Baker McKenzie in 2003, he worked at a Russian audit firm, a major Swiss bank and the Moscow office of a major US law firm. Arseny has been consistently recommended by Chambers Global, Chambers Europe and International Tax Review among leading tax lawyers in Russia. Arseny heads the Working Group on Taxation of E-commerce at the Association of European Businesses, the Working Group on Taxation of Digital Economy at the American Chamber of Commerce and co-chairs the tax subgroup of the Innovation Working Group of the US-Russia Bilateral Presidential Commission. He also acts as Russia representative of Baker McKenzie's Digital Economy Group headquartered in Silicon Valley. Arseny is a frequent speaker at leading tax and IT-related conferences in Russia and abroad. Since 2007, he has been a visiting professor of international tax law at the Moscow State University for International Relations. He has authored over 40 publications.

Author

Valeria Eystrakh is an associate at Baker McKenzie's Moscow office. Prior to joining the Firm in 2019, she worked as a lawyer at a Skolkovo IT startup and as an associate with a Skolkovo legal team.

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