I feel a sense of optimism about Russian’s legal market that I have not felt since the dark days of the Crimean Crisis in 2014.
The Russian Migration Authority responsible for the Moscow region recently started to enforce laws requiring foreign employees to be present in Russia at regular intervals, and providing for the cancellation of a work permit if a foreign employee is not in Russia at least at certain intervals. This potential cancellation of a work permit even applies to employees classified as highly qualified specialists.
On December 18, 2019, CEE Legal Matters reported that NSP had advised IBS IT Holding on its acquisition of Aplana Software from the Aplana Group. We reached out to Eugene Peskin, Head of Strategy at IBS, for more details.