The Ministry of Justice proposed to exempt business in Russia from criminal punishment for entrepreneurship without registration

The Ministry of Justice proposed to exclude three economic articles from the Criminal Code of Russia.

The Ministry of Justice of the Russian Federation by a new bill proposed to exempt businesses from criminal liability for entrepreneurship without registration. The bill is still being approved by the executive authorities.

Now all entrepreneurs caught for this offense will be held liable under Article 14.1 of the Code of Administrative Offenses in the amount of a fine of up to 200 thousand rubles with confiscation of products.

Also suspension of activities up to 90 days is possible. Previously, punishment was provided in the form of a fine of up to 300 thousand rubles and arrest for up to six months. In the case of acting as part of an organized criminal group, the punishment was up to five years in prison.

It is also proposed to exclude from criminal offenses the registration of illegal real estate transactions, the deliberate distortion of land survey data, and other things, evasion of disclosure or provision of information about securities.

The authors proposed to recognize these articles as obsolete, and the changes are aimed at liberalizing the criminal legislation on economic crimes in order to minimize unreasonable criminal prosecution and improve the business climate.

In addition, the Ministry of Justice in the bill proposed to increase the amount maximum damage from 12 to 18 million rubles to bring to criminal liability for the qualification “especially large size”.

Earlier, Topnews wrote that the Ministry of Justice recognized Bykov, Albats and Aleshkovsky as foreign agents.

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