In Russia, a fiscal representative is not compulsory when a local or foreign company registers for the payment of taxes. Even so, it is recommended for a tax representative to be in charge of the collaboration between companies and the tax authorities in Russia. In the following lines, you can…
Even if in recent years there have been significant organizational changes, Russia offers diverse openings for investors who want to open financial companies in the country. With respect regarding the provisions of the Banking Law and the Commercial Code in Russia, foreigners are invited to establish their companies in the Russian financial sector. They can benefit from comprehensive and…
There are no specific rules for setting up a trust in Russia, although several attempts to change succession rules and introduce more flexible succession tools have been made by the local government. Our experts in opening a company in Russia can give you extensive details about the rules and regulations concerning the procedure…
Foreign investors can register a general partnership in Russia. Such structure can be incorporated under three types of business forms, each one of them offering different advantages and obligations to its investors. Businessmen who want to open a company in Russia as a general partnership should know that the local legislation allows both natural persons and legal entities…
A sole proprietorship in Russia represents the simplest and most flexible type of legal entity that investors can set up in this country. The sole proprietorship is designed for businessmen who want to start a small commercial activity in which the investor is self-employed. The taxation system for sole proprietorships in Russia is different from the one applicable to…
Foreign investors who are operating a company in Russia are entitled to benefit from the provisions of the double taxation treaties signed by the representatives of the state. Russia signed several treaties for the avoidance of double taxation with various countries worldwide. The main aspects of a double taxation agreement (DTA) refer to various tax reductions or exemptions applicable to companies or natural…
A holding company in Russia is a legal entity that can control the management and the financial aspects of another company, as long as the holding company has a sufficient number of voting rights in the other company. Holding companies are incorporated with the sole purpose of controlling the assets of other businesses in accordance with the…
A subsidiary established in Russia is a company where a majority of capital or shares with voting rights is owned by a foreign legal entity. For a proper perception of how a subsidiary can be established in Russia, we invite you to contact our team of company formation agents in Russia. We can manage the formalities…
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Opening a company in Russia as a foreign investor means respecting the local legislation that can be explained by our company formation agents. Considering the easy way of doing business in Russia, entrepreneurs from abroad have several options for registering a company in this country. Our team of company formation agents in Russia can handle the company…
