Page 4 - Foreign Persons News Today

Earlier, the list of companies obliged to open their representative offices was published

So far, nine Internet platforms have already registered their offices

REITs, or real estate investment trusts, are often described as a mutual fund for real estate.  Congress established REITs to allow individual investors to invest in large-scale,...

In March 2022, the U.S. Department of the Treasury (Treasury) and the Federal Reserve Bank of New York (FRBNY) will conduct a benchmark survey of U.S. ownership of foreign securities.

Key Points - On December 23, 2021, President Biden signed the UFLPA into law after it unanimously passed both chambers of Congress. The UFLPA aims to strengthen the...

Under the new law, overseas Internet companies with a daily audience exceeding 500,000 users must open their authorized representative offices in Russia

Under the law, overseas Internet companies with a daily audience exceeding 500,000 users must open their authorized representative offices in Russia

Earlier, it was reported that the company registered a personal account on the website of the Russian Federal Service for Supervision of Communications, Information Technology, and Mass Media under the law "localization" law

The regulator noted that it would show some leniency, not imposing administrative penalties starting right on January 1 against companies that failed to open representative offices on time, if they demonstrate that they are working towards this goal

It obliges foreign Internet companies with a daily audience of over 500,000 users to open authorized representative offices in the Russian Federation