01
Route assessment
Initial ownership and asset review typically takes 1–2 weeks after the core documents are supplied.
KOROSTELEV & PARTNERS
Selling your Russian business: approvals, start to finish.
Legal support for a Russian business disposal: buyer checks, transaction documents, Government Commission approvals and closing.
Legal support for a Russian business disposal: buyer checks, transaction documents, Government Commission approvals and closing.
Is this you?
- You own a Russian subsidiary through a jurisdiction subject to Russian counter-sanctions.
- You are considering a sale, asset disposal or management buyout.
- You need to understand deferred payments, sale proceeds or a buyback option.
What we do
01
Exit route and buyer due diligence
02
Share deal, asset deal and MBO structures
03
Government Commission applications under Decrees No. 81 and No. 618
04
Valuation, discount and budget contribution analysis
05
Deferred consideration and payment safeguards
06
Presidential permission analysis under Decree No. 520
07
Temporary management risk under Decree No. 302
08
Sale proceeds and currency control
09
Buyback options and closing coordination
How it works
Planning estimates only; the timetable is agreed after reviewing your matter and depends on document availability and authority decisions.
02
Due diligence and documentation
Negotiation and legal review commonly require 3–6 weeks and may run alongside approval preparation.
03
Regulatory review
The timetable depends on the authorities, asset and conditions. Approval dates cannot be guaranteed.
04
Closing
We verify conditions, coordinate registrars or notaries and document implementation.
Rules that apply
Decrees No. 81 and No. 618
Special transaction permissions may apply to disposals involving specified foreign persons.
Official reference ↗Decrees No. 520 and No. 302
Certain assets require Presidential permission; temporary management is a separate risk to assess before a sale.
Official reference ↗Frequently asked questions
Is a share deal always preferable?
No. Asset perimeter, approvals, liabilities and tax treatment determine whether a share deal, asset deal or alternative structure is suitable.
What discount or budget contribution applies?
Applicable conditions can change and depend on the transaction. We check the current approval framework rather than promise a fixed rate.
Can the purchase price be paid in instalments?
Potentially, subject to approvals, applicable restrictions and bank requirements. Documentation must address security and non-payment.
Can the former owner retain a buyback option?
Options require separate analysis under the current rules, including the 2026 framework; enforceability cannot be assumed.
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
Exiting Russia: initial preparation checklist
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Relevant experience
01Acquisition of the Bridgestone tyre plant
Legal support for the acquisition of a Russian industrial asset and the required government clearances.
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02Acquisition of a Bosch industrial asset
Transaction documentation, regulatory approvals and closing support for a Russian industrial acquisition.
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03Acquisition of the KONE business in Russia
Comprehensive support for the acquisition of a lift installation and maintenance business.
Explore ↗Related insights
2024-10-18Transaction experience: acquisition of an A.Raymond plant
Maksim Korostelev participated in the legal work on the acquisition of a Russian fastener plant from A.Raymond, a French industrial group.
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2024-04-25Maksim Korostelev at the Russian M&A Congress
Maksim Korostelev spoke at the 14th Russian M&A Congress. The event brought together investment and legal professionals to discuss transaction practice.
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2024-01-24Transaction experience: proposed Huntsman acquisition
Maksim Korostelev worked on the proposed acquisition of a Russian polymer plant from Huntsman.
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 ↗