Understanding the Process of Company Registration in Russia for Foreign Investors

jyotichauhan

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Establishing a legal entity in Russia can be a strategic move for businesses aiming to expand into Eastern Europe and Central Asia. With a large domestic market, favorable trade relations, and access to the Eurasian Economic Union, Russia offers significant opportunities for foreign investors.

The most common and accessible structure for international entrepreneurs is the Limited Liability Company (LLC). This business form allows 100% foreign ownership and is suitable for a wide range of commercial activities.

The process for company registration in Russia includes:

  1. Choosing a company name that complies with Russian naming laws.
  2. Defining a legal address within Russia (a local registered office is mandatory).
  3. Preparing the founding documents, including the charter and decision to form.
  4. Opening a temporary bank account to deposit the minimum share capital (RUB 10,000).
  5. Registering with the Federal Tax Service (FTS), which provides the state registration certificate (OGRN), tax ID (INN), and entry into the Unified State Register.
  6. Registering with additional government bodies, such as the Pension Fund, Social Insurance Fund, and Federal Statistics Service, depending on the nature of the business.

All documents must be submitted in Russian, and foreign documents require notarized translations. For most foreign founders, engaging a local legal service or incorporation expert is essential to avoid delays and ensure compliance.

Professional firms like Enterslice offer end-to-end support for company registration in Russia, including legal structuring, documentation, regulatory approvals, and post-registration compliance.

While the regulatory landscape can be complex, the right guidance can make the process efficient and fully compliant with Russian laws.
 

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