In order to open a company in Russia in the agricultural sector, it is necessary to obtain specific business permits and licenses for the activitites of the respective business. Agricultural activities can refer to a wide range of products, such as vegetables, fruits, farming or fisheries. Each specific activity must be performed in accordance with the applicable legislation and our team of company formation representatives in Russia can provide in-depth information on the procedures that have to be completed in this sense.
Agriculture in Russia
The agriculture field is an important industry in Russia. Food production, as well as food processing, represents one of the top activities in this country. The representatives of the country are interested in developing this field and, in 2012, the Russian government enacted a program aiming at increasing agricultural activities.
Investors interested in company registration in Russia should know that the State Program for the Development of Agriculture and Regulation of Agricultural Commodities Markets is available for the 2013 – 2020 period and our team of company formation consultants can provide more details on this matter.
The program is aiming at providing subsidies and other incentives for local producers performing business activities in this field and it refers at the following:
• crop production;
• animal origin products;
• cattle industry;
• providing assistance to small companies involved in agricultural activities;
• sustainable development;
• development of lands;
Register a company in Russia
The procedure of company formation in Russia must be performed following predefined steps. Companies operating in the field of agriculture will perform commercial activities and, thus, the legal entity will need to be registered as any other commercial business form.
The company’s statutory documents will be signed in front of a public notary in Russia. The investors will need to open a corporate bank account, in which it is necessary to deposit the minimum share capital (which can depend based on the legal entity preferred by the businessmen).
More details on the registration of a company operating in the agricultural sector can be provided by our team of company registration consultants in Russia. Please contact our experts for assistance.