ONSHORING OF FOREIGN IT COMPANIES IN THE RUSSIAN FEDERATION: CERTAIN LEGAL ISSUES

Abstract

The subject of the article is the institution of onshoring of foreign IT companies that is adopted by law in the Russian Federation. The study aims to identify the conditions for forced onshoring of foreign IT companies, coercion measures, and application features. Legislative models of onshoring are analyzed, as are the possibilities of digital residency. The study assesses an implemented model of onshoring, determines the conditions of its application and coercion measures, and identifies potential risks and threats associated with the onshoring of foreign IT companies. Current issues of voluntary and forced onshoring, objectives solved through the institution of onshoring, and possibilities of applying such and similar tools in the Russian Federation are studied. The necessity to develop legal regulations providing full execution of the onshore law is substantiated.