01
Operational review
We begin with the ownership chain, contracts and current decision-making arrangements.
KOROSTELEV & PARTNERS
Running a Russian business: governance, payments and compliance.
Ongoing legal support for international groups retaining Russian operations, from subsidiary governance to compliant cross-border payments.
Ongoing legal support for international groups retaining Russian operations, from subsidiary governance to compliant cross-border payments.
Is this you?
- Your Russian subsidiary remains active but expatriate managers have left.
- You need to assess dividends, loans or licence payments.
- You must reconcile group policies with Russian counter-sanctions.
What we do
01
Subsidiary governance and delegated authority
02
Dividends and Type C account analysis
03
Intragroup loans and software or IP licences
04
Review of transactions requiring permission
05
US, EU and UK sanctions coordination
06
Russian counter-sanctions compliance
07
Counterparty screening and conflict checks
08
Outsourced general counsel and management reporting
How it works
Planning estimates only; the timetable is agreed after reviewing your matter and depends on document availability and authority decisions.
02
Priority action plan
An initial action plan is normally agreed within 1–2 weeks after the information is complete.
03
Implementation
We support approvals, contracts and internal policies against an agreed schedule.
04
Ongoing support
Recurring advice and reporting are arranged monthly or for a defined project period.
Rules that apply
Decree No. 95
Certain obligations and distributions involving specified foreign creditors are subject to a special payment regime. Each payment requires a current assessment.
Official reference ↗Frequently asked questions
Can dividends be paid abroad?
Payment depends on ownership, applicable permissions, account requirements and bank acceptance. We review the route before a distribution is approved.
Can you replace an in-house legal function?
We can provide a defined outsourced legal workstream with named contacts, reporting and agreed service scope.
Do national currency payments remove sanctions restrictions?
No. Currency choice does not remove legal restrictions. The parties, purpose and banking route still need review.
Who will manage our matter?
Managing Partner Maksim Korostelev coordinates the engagement and introduces the relevant specialists. We agree reporting, language and responsibilities at the outset.
Can we discuss the matter before sharing documents?
Yes. Book a confidential 30-minute introductory call. We first carry out a conflict check and agree how sensitive information will be exchanged.
USEFUL RESOURCES
Doing Business in Russia: initial preparation checklist
This resource is being prepared. Leave your details and we will notify you when it is available.
Relevant experience
Related insights
2026-10-14Russian Legal Forum: corporate law and legal practice
Maksim Korostelev attended the 10th All-Russian Legal Forum on 14 October 2026. Discussions addressed the regulation of the legal profession, the development of corporate law, the boundary between mandatory and discretionary rules, and proposals for property owners’ associations.
Explore ↗
2026-05-14Maksim Korostelev at the Moscow Legal Forum
Maksim Korostelev spoke at the 13th Moscow Innovative Legal Forum in May 2026 on experimental legal regimes and industrial innovation. The firm also signed a cooperation agreement with Kutafin Moscow State Law University, connecting legal practice with education and research.
Explore ↗
2026-03-27Supporting private law research at Kutafin University
Korostelev & Partners supported the 12th International Conference on Trends in Private Law at Kutafin Moscow State Law University on 27–28 March 2026. Maksim Korostelev joined the civil law discussion as a practitioner.
Explore ↗
YOUR PARTNER CONTACT
Maksim Korostelev
Managing Partner · Russian and English
info@korostelev.legalView profile ↗
A CONFIDENTIAL CONVERSATION
Let’s discuss
your business.
Tell us what you need to achieve. We respond within one business day.
+7 962 935-44-38info@korostelev.legalVictory Park Plaza, 2Zh Minskaya Street, 3rd floor, MoscowView on 2GIS ↗Monday–Friday, 09:00–18:00 · Moscow UTC+3
How to engage us from abroad ↗