| Note: The legal, regulatory and tax frameworks of most NIS countries, at both federal and local levels, are in development, with frequent amendments and additions. Although the material below was in effect at the date posted, BISNIS makes no representations as to its current status. U.S. companies should be alert to the possibility of subsequent changes in the laws, regulations and taxes. Also: Russian to English translations of legislative texts are fraught with pitfalls due to the challenges of translating specialized terminology. Careful reading in both languages and consultation with appropriate legal counsel is strongly recommended prior to business negotiations or contracts. |