A special recording procedure for certain securities will be in effect until the end of 2025

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25.07.2025
AMENDMENTS TO THE LEGISLATION ON BUSINESS ENTITIES HAVE BEEN ADOPTED

From August 1, 2025, amendments to be made to the laws on JSC and LLC. JSC and LLC will be able to have another business entity consisting of one person as the sole founder (shareholder). 

If all voting shares of a JSC belong to one shareholder, then decisions on issues related to the competence of the general meeting shall be made by him alone and executed in writing. 
It has also been established that it is not necessary to confirm the adoption of such decisions by certifying the fact of their adoption, unless otherwise provided by the charter of the JSC.

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