A number of companies will have the right to become the sole founder of an LLC or JSC – the project passed the State Duma

A business company that consists of one person can be the sole founder (participant or shareholder) of another LLC or JSC. They will be able to establish something else in the Federal Law (clauses 1 of Articles 1 and 2 of the draft). Currently, such a business structure is generally prohibited. This follows from the Civil Code of the Russian Federation, the laws on LLC and JSC.

The amendments to the Civil Code of the Russian Federation have already been signed by the president. They will become effective on August 1, 2025. However, in this case, the laws on LLC and JSC need to be adjusted. It is these amendments with the same effective date that were adopted in the final reading (Article 4 of the draft).

There are other innovations as well. So, they will clarify: it is not necessary to certify the decisions of the sole shareholder on the issues of the general meeting, if this is not necessary according to the articles of association. We are talking about the owner of all voting shares (clause 2 of Article 1 of the draft).