Law on Foreign Investments in Russian Strategic Companies

In April 2008, the Russian parliament passed a law on the "Procedure for Foreign Investments in Companies of Strategic Significance for the Defence and Security of the State" No. 57-FZ (the "Foreign Investments Law"). This note sets out a brief overview of the main effects of the Foreign Investments Law and covers: 

  • Strategic Companies 
  • Foreign Investors 
  • Transactions Subject to Prior Consent 
  • Clearance Criteria 
  • Obtaining Prior Clearance 
  • Failure to Obtain Prior Clearance 
  • Transactions Subject to Post-notification 
  • Prohibition on Control by Foreign State Entities 
  • Agreements Concluded Outside the Russian Federation and Indirect Acquisitions 
  • Exceptions


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