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🇷🇺 Registry3 Feb 2025

Russia lets companies with a sanctioned parent hide their data in the state register

Russia's Government Decree no. 94 of 3 February 2025 widens the cases in which information about a company in the Unified State Register of Legal Entities (EGRUL) can be restricted. A company can now ask for its data to be closed where a corporate founder that controls it, or has significant influence over it, is subject to foreign restrictive measures.

Decree no. 94 of 3 February 2025 amends Government Decree no. 1625 of 16 September 2022, which lists the EGRUL information that a company can ask the Federal Tax Service to restrict.

What changed
  • A new ground covers a company whose corporate founder controls it, or has significant influence over it, and is subject to restrictive measures imposed by a foreign state.
  • Restricted information is given only to a limited circle, including state bodies, courts, the Bank of Russia and the company itself.
  • The decree took effect on 4 February 2025.
Who is affected

Russian subsidiaries of sanctioned groups, and anyone running due diligence on Russian counterparties. Expect gaps in public EGRUL extracts and check other sources.

Sources
Russia lets companies with a sanctioned parent hide their data in the state register · CosecCompanion