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…
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…
With a stable economy which continues to meet new levels with the help of the main industries, Russia is open to investments and sustains the potential growth of the e-commerce industry in the country, as statistics revealed the fact that the Russians prefer the online purchase of varied products. There are numerous firms which generate profits…
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 company formation in Russia can give you extensive details about the rules and regulations concerning the procedure of…
Increasing foreign investments, a growth in domestic trips and high occupancy rates have rendered the hotel industry in Russia a very attractive one. If you want to open a hotel in Russia, you should know that one of the most promising directions for the hotel industry is hotel chain development. The Russian…
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 the 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…
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…
As a general rule, the investment market in Russia is comprised of two main categories of funds: retail funds and hedge funds. These types of investment vehicles are generally available for foreign investors, but there are also several restrictions prescribed under the regulations of the Anti-Monopoly Body and the Bank of Russia. These restrictions are applicable to both local and foreign…
A shelf company is a business that is already incorporated, and all legal requirements are accomplished. The shelf company is registered, incorporated and sold through accounting or law firms. The most important advantage of a shelf company is that it can start its business activity after being bought by an investor. If you are interested in opening a business…
