Partners of the international practice of the law firm "Yalilov and Partners" gave a comment to RBC Tatarstan: Export of entrepreneurs: RT business opens branches in the CIS and Asia

Despite the sanctions, Russian and Tatarstan companies continue to open businesses abroad. To do this, they need to take into account a lot of details, but the pressure from unfriendly states has not become an insurmountable obstacle for entrepreneurs.

Lenara Fieve-Klimovskaya, a partner at the firm, spoke about the difficulties that may arise when expanding a business abroad. "Difficulties may also arise due to ignorance of both the local mentality and business customs. Particular attention should be paid to possible sanctions regimes adopted in a particular country," Lenara noted.

Durmishkhan Afkhazava, a partner at the Yalilov & Partners law firm, added that the path of business development in Russia is very different from most foreign countries. Many companies act at their own risk and do not conduct a jurisdictional analysis in advance.

The full text of the article is available at the link https://rt.rbc.ru/tatarstan/24/07/2024/669fbe2e9a7947d0704ebe6c