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Russia’s history with eSignatures started with it recognizing electronic signatures on contracts in 2011, with Federal Law of the Russian Federation No. 63-FZ “On Electronic Signature”.
Russia recognizes two types of electronic signatures within its territory:
The key point of difference between an electronic signature and a certified electronic (digital) signature is its admissibility in court. Though both are enforceable, however the certified electronic signature is given more weightage and creditability as evidence.
To be considered as a valid signature per the Russian regulations, an eSignature:
Use cases of electronic signature in Russia:
The COVID-19 pandemic has radically changed our lifestyles and how one conducts business. Most non-essential companies have established completely remote work setups. This “new normal” has concentrated more attention on electronic means of transactions. The “new normal” in the age of Covid-19 proceeds to facilitate the use of eSignatures.
Documents that cannot be e-signed in Russia:
Certinal is making available the information and materials in this article for informational purposes only and is meant to help companies understand eSignature’s application in a legal framework. Laws change rapidly, and Certinal makes every reasonable effort to keep the content of this article current; hence Certinal makes no claims or representations that the information contained in this article is true, accurate, correct, or current. The law is different from jurisdiction to jurisdiction, and even similar laws may be interpreted differently in different courts or in other places. Since these factors differ according to individuals and businesses, Certinal is not liable for any consequence of any action taken by any third party relying on material/information provided under this article. The contents hereof should not be construed as legal advice in any manner whatsoever. In cases you require any assistance, you must seek independent legal advice.