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Putin: Russian companies should have transparent property structure

MOSCOW, March 20. /ITAR-TASS/. Russian companies should be registered on the territory of Russia and should have a transparent property structure, Russian President Vladimir Putin stated on Thursday.

At the congress of the Russian Union of Industrialists and Entrepreneurs, the Russian president said that business people should realize their responsibility. “Russian companies should be registered on the territory of our country and should have a transparent property structure,” he noted.

Therefore, Putin stated that he had set a task to decrease the number of offshore companies in domestic economy. “Required amendments in legislative base are being drafted,” he noted.