Ready to start a company in Russia and need support? You can use our online services to set up your business quickly and efficiently. Explore this page, and then get in touch with our Russian agents for full assistance.
| Quick Facts | |
|---|---|
| What types of company formation services do you provide in Russia? | For: – company incorporation with the local agencies, – drafting & depositing company documents, – opening a bank account, – registering for taxation and many more. |
| Is a local partner required for setting up a company in Russia? | No! The company can be 100% foreign owned. |
| What types of companies/entities are available in Russia? | – limited liability company (LLC/OOO), – joint stock company, – sole proprietorship, – holding company, etc. |
| What is the most popular business structure in Russia? | The limited liability company – SRL or OOO in Russia |
| Who can open an OOO in Russia? | Local businessmen, foreign investors or entities. |
| What is the minimum share capital for an OOO in Russia? | RUB 10,000 |
| Costs for opening an LLC/OOO in Russia | Starting from USD 2,550 |
| Company extensions available in Russia | Branch, subsidiary, representative office |
| Can foreigners purchase shelf companies in Russia? | Yes. We can provide a list of suppliers of ready-made companies in Russia. |
| Do you offer virtual office packages in Russia? | Yes, starting at USD 275/month. |
| What is the time frame to open a company in Russia? | Abount 1.5 months. |
| Do you offer accounting services in Russia? | Sure, right from the start of your company in Russia. |
| We can incorporate the company without presence of the founders | Via notarized Power of Attorney |
| Do you offer registered business addresses in Russia? | Yes. You can check our prices when contacting our Russian agents. |
| Other costs related to company formation in Russia to consider | For: – notarization, – work permits, – tax registration, – state duty, etc. |
What are the key services for starting a company in Russia?
- Support for company incorporation in Russia,
- Registered business address on request,
- Company documents preparation,
- Support in tax registration,
- Assistance in opening a bank account in Russia,
- Obtaining the company seal and many more.
NOTE: We can also put our clients in contact with certified translators, as all documents must be presented in Russian.
Are there any restrictions on foreigners doing business in Russia?
No. Anyone is welcome to start a company in Russia as long as the business regulations are respected.
Please explore this infographic about the reasons to choose Russia for future investments:
What are the costs for opening a company in Russia?
- around USD 2,550 for opening a limited liability company.
- about USD 200 for translation services,
- around USD 150 for tax registration in Russia.
NOTE: Costs for obtaining a work permit as a foreign company director start at USD 1,500.
What types of company incorporation services are available in Russia?
- Limited liability company, the most popular option,
- Joint stock company, public or private,
- Sole proprietorship,
- Branch and subsidiary, etc.
What is the minimum share capital for an LLC (OOO) in Russia?
RUB 10,000.
We invite you to watch a short video about company registration in Russia:
How is LLC registration done in Russia?
- the process is done with the Federal Tax Services (FTS), where the company documents (including IDs/passports of entrepreneurs) are submitted,
- one must ensure/register a business address in Russia. A virtual office is also a good option,
- the name verification and reservation are mandatory when setting up a company in Russia,
- the tax Form R11001 must be completed,
- once the state duty fee of around RUB 4,000 is paid, the incorporation process begins.
NOTES:
- you can be represented via power of attorney by our Russian agents to start a business,
- the FTS in Russia manages all types of business incorporations in the country.
What is INN? Do I need it to incorporate my Russian company?
Yes, this is required for the registration. INN is the tax identification number for companies in Russia. We assist in getting this ID on behalf of our customers.
Do you provide support in getting a business license in Russia?
Absolutely!
Can I get support in trademark registration in Russia?
Yes.
How can I be helped in opening a branch in Russia? What about a subsidiary?
Please check here for opening a branch and here for a subsidiary in Russia.
Can I purchase a virtual office package in Russia?
Yes, we can facilitate this service and put you in contact with our local providers.
Is a representative office an option in Russia?
Yes. Check out our article on liaison offices in Russia here.
Can I be assisted in opening a crypto company in Russia?
Sure. We can manage the licensing process for you.
Is opening a sole proprietorship in Russia a hard process?
No, as long as we can deal with the paperwork and procedures involved.
Ready to start your company in Russia? Now that you have an idea of the formation rules and prices for our services, you can get in touch with our specialists in company formation in Russia and receive a personalized offer today.