How to Start a Business in Russia

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How to Start a Business in Russia - A presentation brought to you by www.lawyersrussia.com
Choosing the business structure - A limited liability company is the optimal structure to open a business in Russia. This can be private or public.
Preparing the documents - The Articles of Association must include information about the company, activities, internal regulations, and other aspects related to business.
Opening a bank account - It is recommended to open a bank account in Russia in order to establish a business in this country.
Depositing the minimum share capital - RUB 10,000 represents the minimum share capital for a limited liability company in Russia. The amount can be deposited in the Russian bank account.
Appointing the managers - Shareholders can appoint the board of managers for the newly established company. It is not mandatory for the director to have a residence in Russia.
Register for taxation - If you want to start a business in Russia, you must also consider the registration formalities for paying taxes. In Russia, corporate tax is set at a 20% rate.
Hiring staff - You can hire both local and foreign workers for a business in Russia. For the latter, you must consider the immigration formalities.
Working with our local agents - Our Russian company formation specialists can take care of the formalities and documents for establishing a company in Russia. You can contact us for support
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