On the preparation of an investment declaration by a SEZ participant
In accordance with Part 2 of Art. 13 of the Federal Law of 29.11.2014 No. 377-FZ “On the development of the Republic of Crimea and the federal city of Sevastopol and the free economic zone in the territories of the Republic of Crimea and the federal city of Sevastopol” a person intending to obtain the status of a participant in a free economic zone (hereinafter – FEZ), must submit to the authorized management body of the FEZ an investment declaration in the form approved by the Order of the Ministry of Economic Development of Russia dated November 18, 2015 No. 856.
This is a prerequisite, and an economic entity claiming the status of a FEZ participant must fulfill it. Continue reading
The third rule for building a group of companies without signs of artificial fragmentation.
Let’s turn to business process notation again. Earlier we decided on the inputs, the activity itself, and the outputs (goals). However, in arbitration practice on artificial fragmentation of a business, there are several criteria at once for charges related to management and ownership. Rule # 3 is about management and owners.
What’s wrong here:
in order to avoid interdependence between the companies of the group, so-called proxies are introduced into the ownership structure – nominal, that is, they do not really participate in business processes, packaged in a specific legal entity. Continue reading