On 1 September 2014, some amendments to the Civil Code of the Russian Federation were entered into force that significantly changed the Russian Company Law. In particular, the changes concerned the classification of legal entities, which is caused the relevance of this article. According to the Russian Federation Civil Law, all legal entities, which division into commercial and non-commercial generally has remained unchanged, are now subdivided into two more types – corporate and unitary legal entities. The law provides a criterion for such division (item 23 of Art. 1 of the Federal Law № 99-FZ) which determines whether an incorporator of a legal entity has the right of participation (membership) in it and whether he forms its supreme body.