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Presidential Executive Office2025
Events

Amendments to law on the privatisation of state property and on procedures for foreign investment in business entities of strategic importance for national defence and state security

Vladimir Putin signed Federal Law On Amendments to Article 5 of the Federal Law on Privatisation of State and Municipal Property and to the Federal Law On Procedures for Foreign Investment in Business Entities of Strategic Importance for National Defence and State Security.

July 1, 2017
18:20

This Federal Law prohibits legal entities that are registered in a state or territory that are on the Finance Ministry list of states and territories offering preferential tax treatment and/or not requesting the disclosure and provision of information regarding financial transactions (offshore zones), as well as legal entities that are controlled by an offshore company or groups that include an offshore company, from taking part in the privatisation of state and municipal property.

This Federal Law also extends the provisions of the Federal Law On Procedures for Foreign Investment in Business Entities of Strategic Importance for National Defence and State Security to include these legal entities’ investment in business entities of strategic importance for national defence and state security, as well as these legal entities’ transactions with regard to these business entities.

Topics

  • Investment
  • National security

Publication status

Published in section: Documents

Publication date: July 1, 2017, 18:20

Direct link: en.kremlin.ru/d/54930

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Amendments to law on the privatisation of state property and on procedures for foreign investment in business entities of strategic importance for national defence and state security

http://en.kremlin.ru/catalog/keywords/120/events/54930

Last updated at July 3, 2017, 15:08

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