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France suspends the key provisions of a double taxation agreement with Russia
By notice dated on June 23, 2024, the French Ministry of Europe and Foreign Affairs, in accordance with the principle of reciprocity, announced the suspension of most of the key provisions of the bilateral double taxation agreement concluded between France and Russia on November 26, 1996. To learn more about the consequences of this suspension, please consider our legal Newsletter.Money transfers from Russia to foreign countries – current restrictions imposed by the Russian Federation
Individuals and legal entities resident of the Russian Federation, as well as residents of both foreign “friendly” and “unfriendly” states, remain still limited as to the grounds, amounts and currency of their cross-border monetary transactions. Read about the status of the current Russian counter-sanctions regulation in this area in our legal Newsletter.New procedure for approval of transactions on acquisition of IP objects from foreign rightsholders
As part of the Russian counter-sanctions regulation, from May 20, 2024, transactions involving the acquisition of exclusive rights for certain IP objects owned by the rightsholders from “unfriendly” states or persons controlled by them shall be subjected to approval by the Governmental Commission for Control over Foreign Investments in the Russian Federation. The approval is required in cases where exclusive rights are alienated from an “unfriendly” rightsholder to a Russian acquirer and may be issued at the request of the acquirer, the rightsholder or their representatives. You can learn more about the content of the new temporary procedure and the provided exceptions in our legal Newsletter.Russia suspends the key provisions of double taxation agreement with France and other “unfriendly” states
On August 8, 2023, the Russian president issued a decree No. 585 (hereinafter - the Decree[1]) which…Global law firm Hérès opens its new office in Yerevan, Armenia
On May 16, 2023, Hérès founder Charles-Henri Roy signed a Memorandum of Cooperation with David Asatryan and…Deadline for EU citizens and EU companies to close the accounts in sanctioned Russian banks – August 26, 2023
PJSC Rosbank, JSC Tinkoff Bank and JSC Alfa-Bank were on the low sanctions list concluded by the Union in relation to the Russian Federation. The 10th package of EU sanctions provides for freezing the assets of these banks in the EU and disconnecting them from the SWIFT system, and also imposes an obligation on EU resident individuals and legal entities to close accounts in data banks no later than August 26, 2023.About
A global law firm
HÉRÈS LEGAL is a member of a global international legal network HÉRÈS offering professional and efficient legal support for projects of any level of complexity for clients from various jurisdictions wishing to develop their business in Europe, Russia, South America and other regions.
Whether as counsel, litigator, mediator or as project manager for legal, judicial and tax projects in one or more jurisdictions, a single contact person from HÉRÈS legal network is always available to meet clients’ expectations and to define with them an effective and lasting cooperation formula.
Expertise
A multidisciplinary firm
HÉRÈS LEGAL advises and represents clients in various sectors of the economy on matters of corporate, tax, contract, competition and labour law, as well as real estate and construction, regulatory and white-collar crimes.
Team
A tailor-made accompaniment
HÉRÈS LEGAL is a member of the international global network of lawyers, consultants, legal professionals, and mediators of HÉRÈS.
The core strategy of HÉRÈS network is based on knowledge of legal systems across various jurisdictions, combined with proficiency in foreign languages and a global yet specialized approach to tasks. This strategy enables providing services that fully meet the requirements and interests of the clients.
Timeliness, the ability to listen to the client, a focus on quality results, and high professionalism are fundamental standards of the services provided by HÉRÈS LEGAL.
Each partner and counsel bears full responsibility for their clients’ projects, ensuring a personalized approach to each task by forming a team of professionals specialized in the relevant field.
Our clients continue to turn to us for many years, which demonstrates their trust and satisfaction with our service quality, as well as encouraging us to move forward and continually improve our professionalism.
International
10 Members in 8 Jurisdictions
HÉRÈS network provides assistance to clients worldwide through an extensive network of lawyers, legal professionals, and consultants who are experts in various areas of law and jurisdictions.
Each team member is engaged in the global HÉRÈS network based on high competence and experience, and each shares our values and quality standards.
For each client, HÉRÈS selects a reliable local partner and coordinates the team’s work on projects of any level, including cross-border and multi-sectoral assignments.
Moscow
B. Strochenovsky lane, 7
115054, Moscow
T. +7 495 989 41 43
M. info@heres.legal
Paris
24 rue de Penthièvre
75008 Paris
T. +33 (0)1 53 00 22 22
M. paris@heres.legal
Yerevan
Vardanants, 7,
370070, Erevan, Armenia
T. +374 55 963 120
M. erevan@heres.legal
London
Tallis House, 2 Tallis Street
London EC4Y-0AB
T. +44 20 7832 0466
M. londres@heres.legal
Bogotá
Calle 69 Nº 4-48 oficina 202 Edificio Büro 69
Bogotá
T. 571-601 3783333
M. bogota@heres.legal
Porto Alegre
Rua José Francisco Oliosi da Silvera, 61, Ipanema
Porto Alegre
T. +55 (51) 3398 8303
M. porto.alegre@heres.legal
Brasília
QI 11, conjunto 6, casa 06, Lago Sul
Brasília
T. + 55 (61) 3797 6080
M. brasilia@heres.legal
Rio de Janeiro
Av. Nilo Peçanha, 50 sala 1416
Centro Rio de Janeiro
T. +55 (21) 2524 6080
M. rio.de.janeiro@heres.legal
Mexico
Juan Vazquez de Mella No. 481-201 Oficina 43
Los Morales Polanco, Alcadia Miguel Hidalgo
CP 11510 México
T. +52 55 1398 2795
M. mexico@heres.legal
Santiago de Chile
Apoquindo 2930, Piso 14.
Las Condes
Santiago de Chile
T. +562 2770 270
M. chili@heres.legal