NOTARY CERTIFICATION FOR RESOLUTIONS OF A SOLE PARTICIPANT (SHAREHOLDER) OF A RUSSIAN LEGAL ENTITY

marketude Corporate and Commercial, Igor Brazhevsky, Publications, Russia

What happened?
Following the position stated by the Russian Supreme Court in par. 3 of the Judicial review for certain issues on application of legislation about legal entities as approved by the Presidium of the Russian Supreme Court dated on 25.12.2019 (the “RSS Position”), the requirement for notary certification is applicable also to the resolutions taken by a sole participant.

This new approach applies to all the resolutions that are taken by Russian legal entities with a sole participant after the date of the Judicial review approval (i.e. after 25 December 2019)…

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