IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2016 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 14 October 2014 the President of the Russian Federation, Mr Vladimir Putin, signed Federal Law FZ 305. It introduces amendments to the Russian Mass Media Law and enters into force on 1 January 2016. The law introduces a restriction that the share of foreign participation in the capital of companies owning a Russian media outlet should not exceed 20 per cent.

 
In addition, the new bill introduces the requirement: 'a foreign state, an international organisation or organisation under their control, a foreign legal entity, a Russian legal entity with foreign capital, a foreign citizen, a stateless person, or a Russian citizen who holds dual citizenship cannot act as a founder of a mass media outlet'.
 
Furthermore, the new law prohibits the mentioned juridical and physical persons to occupy editorial positions in mass broadcasting media outlets or organisations.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.