You can find out from this presentation how to sell shares in a Russian company. You can also contact our attorneys in Russia for other legal services by going to our website:http://www.lawyersrussia.com/.

1. A presentation brought to you by LawyersRussia.com
Selling Shares in a Russian Company
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2. Investing in Russia
Russia has always been an attractive
country for foreign investors because the
Government makes no differences
between local and foreign enterprisers.
Foreign companies are also welcome to
create strategic partnerships or joint
ventures with Russian companies.
However, there is also another category
of investors: those buying shares in a
Russian company.
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3. Laws On Sale of Company
Shares in Russia
The sale of shares in Russian
companies is permitted by several laws,
among which:
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 the Commercial Code;
 the Civil Code;
 the Joint Stock
Companies Act.
The last mentioned law refers to
the sale of shares in public
companies in Russia.

4. Types Company Share
Sales in Russia
The Russian Commercial Law provides
for share sales in public and non-
public companies, the two terms being
introduced recently in the business
language.
Public companies are represented by the
joint stock companies, while the non-
public ones are the private limited liability
companies.
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5. Selling Shares in a Private
Company in Russia
Share sales in private companies in
Russia are divided into two categories:
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 the direct sale of the company, which is
also known as a ‘one-tier structure’;
 the sale of shares in a holding
company with Russian subsidiaries,
which is known as a ‘two-tier structure’.
Our lawyers in Russia can offer
information on share sales procedures.

6. Advantages of Shares Sales
in Russian Companies
No matter the type of sale, it is necessary
for the parties to draft a sale-purchase
agreement.
The main advantage of selling shares in
a Russian company is that the
transaction does not require additional
business permits, as in the case of
assets sales.
Share sales in Russia are also VAT-
free.
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7. Restrictions on Share
Sales in Russia
Even if selling shares in a company has
more advantages than selling the
whole Russian company, one must
know there are also certain restrictions
attached to the possible deal.
The most important ones appear in the
Articles of Association of the company
and may imply the preemptive rights of
the shareholders.
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8. Other Restrictions on
Share Sales in Russia
Other restrictions may be imposed by the
Commercial Law on share sales in
public companies, however these deals
could be possible if the Russian Central
Bank approves the transaction.
Our attorneys in Russia can offer
additional information in the restrictions
imposed on company shares sales.
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9. Assistance in Selling
Company Shares in Russia
If you want to sell shares in a
company and need assistance,
our lawyers in Russia can help you.
You can also contact us if you want to
register a new company in Russia.
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10. Thank you for
your attention!
For more information, please contact us at:
(+44) 203-287 0408 (for international clients)
office@lawyersrussia.com
www.lawyersrussia.com
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