A person may become a company director after Russian personal bankruptcy only after the applicable management-restriction period has ended. Article 213.30 sets three years for an ordinary legal entity, ten years for a credit institution and five years for specified other financial organisations. Ownership, formal title and actual management must be separated.
Ordinary company
The period concerns management of an LLC or other ordinary entity.
Check the entry
Appointment and powers must match the person’s actual status.
Financial sector
Longer periods apply to specified organisations.
Quick self-check
- Obtain the final order and identify the completed procedure.
- Calculate the Article 213.30 period.
- Identify the organisation type and proposed powers.
- Review the charter, appointment and company register.
- Separate ownership from management rights.
- Do not disguise actual management as consultancy.
Calculating the Period
For three years after asset-realisation completion or termination during that procedure, the individual may not hold an office in the management bodies of an ordinary legal entity or otherwise participate in management. The calculation starts from the legally relevant final event, not the petition or first missed payment.
Director and Actual Management
Actual authority to direct and determine company decisions matters in addition to the formal director entry.
Owner and Member
Holding an interest does not always equal management. Voting rights, appointment powers, signature authority and actual control must nevertheless be reviewed. Ordinary employment without management powers is a separate intent covered by the guide on employment after bankruptcy.
Financial Organisations
The period is ten years for management of a credit institution and five years for management of the specified insurance, pension, investment-management and microfinance organisations. The organisation’s regulated status and actual role require separate review.
Practical Sequence
- download the final order;
- calculate the restriction period;
- identify the organisation and sector;
- map powers under the charter and contract;
- review the proposed register entry;
- exclude actual management before expiry;
- retain the analysis and evidence.
| Role | General regime | Key issue |
|---|---|---|
| Director of ordinary LLC | Three-year restriction | Final-order date |
| Member without management | Not automatically prohibited | Corporate rights |
| Actual manager | Assessed as management | Real functions |
| Specified financial organisation | Five-year restriction | Organisation type |
| Credit institution management | Ten-year restriction | Bank status |
Frequently Asked Questions
When may the person direct an LLC?
Generally after the three-year restriction calculated from the legally relevant completion or termination event.
May the person own an interest?
Ownership is not necessarily management, but voting and actual influence require review.
May the person be a commercial director?
Actual powers matter more than the title; effective management may breach the restriction.
May the person work as an ordinary employee?
No general ban applies where the job has no prohibited management powers or special eligibility rule.
Can a nominee director solve the issue?
A formal arrangement does not prevent scrutiny of actual management and creates additional corporate risks.
Official Sources
- Federal Law No. 127-FZ, Article 213.30.
- Federal Tax Service: citizen bankruptcy.
- Federal Tax Service: post-completion consequences.
- Bankruptcy Register.
Related guides: ordinary employment, sole trader after bankruptcy and post-completion documents.
Need to Review a Proposed Role?
We can compare the final order, organisation type and actual powers before appointment.
BOOK AN INITIAL CONSULTATIONGeneral information as at 29 August 2026. The result depends on the final court order, the type of organisation or credit, actual powers, the country where an asset is located and the documents in the specific situation.
Bankruptcy Restricts Company Management, Not Every Job
| Role | General period | Review |
|---|---|---|
| LLC director | 3 years | Procedure completion date |
| Board member | 3 years | Body powers |
| Credit institution | 10 years | Entity type |
| Insurer, NPF, manager, MFC | 5 years | Regulatory status |
| Ordinary employee | No general ban | Actual functions |
Read the final court order
Calculate from the legally relevant completion or termination date.
Review powers, not labels
A deputy may exercise control and a nominal director does not hide the controller.
Check the company register
Registration does not override the substantive restriction.
De Facto Management Also Matters
Article 213.30(3) prohibits both holding a management-body office and otherwise participating in management during the relevant period. Installing another director while retaining decisive instructions does not eliminate risk. The rule for an ordinary citizen differs from the five-year sole-proprietor consequence under Article 216. Non-management employment does not itself breach the restriction, but powers of attorney, signing authority, bank access and actual decisions require review. Collect the company-register extract, charter, members list, shareholder agreements, accounts, meeting resolutions, distribution records and court orders. Build separate timelines for the share, director powers, company transactions and the citizen’s personal liabilities. Do not confuse share value with cash held by the company: company property does not belong directly to a member. Do not replace a director, member or nominee merely to conceal control because courts assess actual influence and conduct. Full disclosure to the financial manager and charter review before sale help preserve other members’ corporate rights without promising that the debtor’s share will be retained.