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Articles

Gambling Activities in Russia

Gambling Activities in Russia

Gambling activities in Russia, with some exceptions, have been prohibited since 2009, according to the federal laws for gaming. Regions like Kaliningrad, Primorsky, Sochi, and Altai are considered legal gambling zones in Russia where foreign investors can set up their casinos for gaming purposes. Knowing the specific requirements for opening a company in the…
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Selling Tobacco in Russia

Selling Tobacco in Russia

Russia respects the World Health Organization Framework Convention on Tobacco Control established in 2008 and the rules regarding the sale of cigarettes, advertising, packaging, and the smoking ban for certain indoor public places. In respect to the applicable laws in Russia, foreign entrepreneurs can set up companies for selling tobacco in Russia. We…
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Open a Website in Russia

Open a Website in Russia

Russia has been observed as the sharpest rising e-commerce market in Europe, with more than 60 million internet users, according to the latest statistics. Most of the businesses in Russia are linked to a website to promote the activities and to align with the demands of the market. Opening a website in Russia might be the proper…
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Company Formation Services in Yekaterinburg

Company Formation Services in Yekaterinburg

The fourth largest city in Russia is Yekaterinburg situated at the border with Asia and Europe. From a business point of view, the city of Yekaterinburg represents an important point on the map of international investors, as the metropolis is extremely industrialized and developed. Business persons can start a company in Russia and especially in Yekaterinburg in compliance with the…
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Company Formation Services in Novosibirsk

Company Formation Services in Novosibirsk

Novosibirsk represents the third largest city of Russia located in the southwestern part of Siberia. The rapid industrialization of this important metropolis started in 1950 when the economy met important changes and developments. The same solid and appreciated status is available today, as Novosibirsk signifies a robust business hub and a starting point for foreign investors…
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Company Formation Services in Saint Petersburg

Company Formation Services in Saint Petersburg

Saint Petersburg represents the second largest city after Moscow, the capital of Russia, and a reputable business center which aligns with major financial players worldwide. The strategic sea exit to the Baltic Sea offers a multitude of business opportunities for foreigners interested in the Russian market and especially in Saint Petersburg. Investors can set…
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Company Formation Services in Moscow

Company Formation Services in Moscow

With more than 10 million residents, an appreciated economy, politics, and history, Moscow, the capital of Russia is a significant business center, and a major destination for foreign investors who want to expand their portfolios in the north-eastern part of Europe. Without a doubt, Moscow, the largest city in Europe, offers high standard business…
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Set up a Financial Company in Russia

Set up a Financial Company in Russia

The financial sector in Russia has all the attributes to align with competitors worldwide, as it is stable, and reliable. Even if in recent years there have been significant organizational changes, Russia offers diverse openings for investors who want to enlarge their activities through financial companies in the country. With respect regarding the provisions of the Banking…
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Open a Franchise Business in Russia

Open a Franchise Business in Russia

The franchising system in Russia became popular in the recent years, especially after the worldwide economic crisis that changed in a certain amount the business strategy in the country. A foreign investor can open a franchise in Russia in the most competitive sectors like the food industry, healthcare, software development, consultancy, or financial services. A person…
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Set up an IT company in Russia

Set up an IT company in Russia

As part of the overall economic growth, the IT industry in Russia is attractive and reliable, as there have been numerous investments made in this significant field. Businessmen can open IT companies in Russia and can offer varied internet and communication services for companies in the country. In regards to the legislation and the…
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