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The 68-year-old Russian leader, who has been in power for more than two decades, signed the legislation on Monday, according to information posted on the government’s legal information portal.
Putin proposed the appropriate changes last year when constitutional amendments were drafted and approved in a July vote. Lawmakers approved a new bill last month.
The legislation will allow Putin to run again in presidential elections at the end of his current – second consecutive term – in 2024.
Putin was elected president for the first time in 2000 for a term of four years, after which he was immediately elected for a second term of the same term.
Putin supporter Dmitry Medvedev took his place in 2008.
Critics saw the move as an attempt to circumvent existing restrictions on the same person holding the presidency for more than two consecutive terms.
In office, Medvedev signed laws that extend the president’s term to six years.
Putin then returned to the Kremlin in 2012 and won the 2018 elections again.
Opponents of the Kremlin have criticized the legislation allowing him to run for two more terms, calling it a pretext to allow Putin to become a “president for life.”
