Some of EGRUL data will be closed

As an extension of limitation of access to potentially “dangerous” information with regard to possible imposition of secondary sanctions by some foreign states, data from the Unified State Register of Legal Entities (hereinafter EGRUL) on companies under sanctions and Crimean legal entities will be closed. The Resolution of the Government of Russia #729 as of June 06, 2019 entitles not to disclose shareholders, management and licenses of mentioned legal entities in EGRUL in following cases:

• existing restrictions from foreign countries and legal entities;
• the legal entity is credit institution for the state defense order;
• legal entities, including branches and representative offices, are located in the Republic of Crimea or Sevastopol.

The final decision on voluntary closure will be made by legal entities through the application. The application form will be prepared by the Federal tax service before September 30, 2019.

About 1000 Russian legal entities are under primary international sanctions imposed by foreign states.

According to the Information and Analytical System Globas, a little over 44 thousand active legal entities are registered in the Republic of Crimea and Sevastopol. Comprehensive information about them is available for subscribers of the System.