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Main requirements for goods and services are quality and safety. State takes under special control entrepreneurs and companies whose activities may affect life and health of consumers and the environment. Therefore, for some types of work, registration of a company with tax authorities is not enough, it is also necessary to submit a notification to the appropriate authority concerning planned release of products, provision of services. The list of such types of economic activity is established by the Decree of the Government of the Russian Federation dated July 16, 2009 No. 584.

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From 27.02.2022 the Federal Law dated 16.02.2022 No. 8-FZ put into effect Article 15.48 of the Code of the Russian Federation on Administrative Offences on administrative liability for money transfer to illegal online gamble services e. g. casinos, lotteries and betting pools.

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On March 1, 2022, a new organizational and legal form appeared as a tool for asset preservation and property management: a personal fund.

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Free economic zone (FEZ) is a territory with an economic status within which there are favorable conditions for doing business. Companies registered in FEZ receive various subsidies and benefits from the state.

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Challenging a transaction is a procedure designed for invalidating a transaction. It is a subject of Chapter III of the Federal Law dated 26.10.2002 No 127-FZ “On Insolvency (Bankruptcy)”. In case the court invalidates a transaction, all the consequences of such an agreement or a contract terminate.

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The Town Planning Code of the Russian Federation has been amended concerning the activities of self-regulating organizations (SRO) in the fields of construction, engineering surveys and architectural-and-construction design, as well as members of these SROs.

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Amount of assets on balance sheet is equal to amount of liabilities, debit is equal to credit. This is the basic principle of accounting, therefore any transaction must be registered twice: as income and as expense. In order for one transaction to be reflected simultaneously in debit and in credit accounts, the double-entry bookkeeping is used.