Registration business in Russia

Conducting business within the Russian Federation is one of the most successful ways of investing for a foreign company.

The country can become a powerful resource base and a large market for finished products, a center for building up labor potential and profits for companies seeking to expand their activities beyond national boundaries. Along with this, such business activity has many aspects and difficult practical situations: like taxation and registration of a foreign company - in Moscow and other major cities companies faces with a lot of intricate bureaucratic and legal formalities. Despite the fact that the registration of a foreign legal entity is quite fully described in the legislation, the procedure has a lot of incomprehensible situations, specialized terms. In addition there are always any updates. It is not always easy for a non-resident to study all this, and it is irrational, because in addition to knowledge, time is needed.

Spending it on studying all aspects of how registration of a foreign legal entity is carrying out, you can seriously break away from core activities, which will negatively affect the financial result. And the succes is not guaranteed.

To competently and correctly arrange own activities, to work legally and lawfully, the company has to engage in a long and exhausting routine. To save own employees from this is easily - RosCo's specialists will offer a special outsourcing service, this is the registration of a foreign company, the price of which is fully compensated by efficiency and convenience.

RosCo's services

Our qualified employees will help not only to open a business with pure or mixed capital, but also to execute documentation for tax agencies.

Registration of a foreign company in Moscow by our specialists includes:

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Timely submission of all documents
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Opening of bank accounts
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And also a wide range of consulting services

We will help you to understand the intricacies of interaction with state bodies, the stages of passing through all procedures and choosing the appropriate type of activity.

Registration of a non-resident company in Russia is the most common practice. It includes the execution of documents in various ways, depending on the features of the organizational forms of such companies. If a foreign company wishes to conduct business within the Russian Federation for more than 30 calendar days per year, it must be registered with an authorized tax body at the place of operation.

In Russia, there are three main options for the existence of foreign enterprises that carry out business activities:

  • an affiliated company (LLC, JSC);
  • a representative office;
  • a branch

Registration of a company by a foreign citizen or legal entity is often carried out in the form of LLC, in this case it receives the minimum of encumbrances and difficulties. In order to pass this procedure, you will need documentation from the founder-foreigner (certificate on incorporation of the company, personal data of the individual, tax and bank statements, etc.), as well as local information: the name, type of intended activities, company's addresses in Russian, management structure and so on.

An important feature of this form is that foreign companies receive priority right to buy shares in the event that one of the co-founders decides to sell it. A foreign company in the form of LLC can be incorporated by either one participant or several participants, up to 50. If the number of co-founders exceeds 50, it is necessary to reorganize the company in JSC.

Affiliated foreign companies are sometimes registered as JSC, but the procedure is quite complex, which explains the minimal prevalence of such form. The participants of JSC have a non-priority right to purchase shares of co-shareholders. The shares of such companies are subject to state registration in accordance with the legislation of the Russian Federation regarding to securities.

A representative office, as well as a branch, is not considered as a legal entity, but if such registration of a foreign company is required, the price of time and energy losses is commensurate with opening of a new company. «RosCo» will release you from these.

Representative offices express the interests of foreign companies in Russia and can not conduct commercial activities. They are usually created for protection of interests, business development, establishing of business contacts. A representative office must be registered in the Chamber of Commerce and Industry, tax and statistical bodies, non-budgetary funds. In addition, you will need a bank account. All these procedures can be easily passed with the assistance of RosCo.

The legislation of the Russian Federation allows a non-resident registering a company to present personally when submitting documents to authorized bodies or appoint Attorneys-in-Fact.

RosCo's experts will take over this procedure, saving the client from the need to come to Russia at the stage of submitting documents.

Therefore, trusting the routine to our employees, you will not only get rid of the need to deal with complex procedures, but also gain confidence in the accuracy, timeliness and fidelity in passing of all stages.

All foreign companies operating on the territory of the Russian Federation should refer to the provisions of the Labor Code.

If necessary, we will not only conduct the registration procedure, but also familiarize you with the main regulatory acts, provide with consultations on issues related to the operation of foreign companies within the legal framework of Russia.

Which foreigners can remotely open an account with Russian banks?
DOING BUSINESS IN RUSSIA
Which foreigners can remotely open an account with Russian banks?
Our services: https://rosco.com.ru/registration_services/opening_bank_account/ Daria Patapkina, lawyer of the company «Rosco - Consulting and Audit», answered these questions. How can a foreign client remotely open an account in a Russian bank? What is the purpose of approving the list of countries for customer identification? Which countries will be involved in the identification procedure? What should banks do to implement the new account opening mechanism? The Russian Government has recently approved a list of countries whose banks can remotely identify citizens and companies to open accounts in Russian banks. And in the video you will find out what was the reason for this decision? How does a foreigner open an account in a Russian bank remotely? What difficulties may arise in practice? We will tell you about everything, so don't switch! All the most interesting things about taxes, law and accounting from the leading consulting company in Russia "RosCo". WhatsApp: +7( 929) 197-25-50 Tel: +7(499) 444-00-00 sale@rosco.su https://rosco.su/ More information in the playlist https://www.youtube.com/playlist?list=PLsb6UHPckO4uKsaMbHnxTf_buFGNbVG70 Stay up to date with the latest news, watch and read us where it is convenient for you: Telegram - https://t.me/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ VK - https://vk.com/roscoaudit Facebook - https://www.facebook.com/roscoaudit/ YandexZen - https://zen.yandex.ru/roscoaudit
How to apply for an e-visa to Russia for foreign citizens: instruction
Our services: https://rosco.su/registracionnye-uslugi/bankovskiy-schet/ 01:02 Why did they decide to issue e-visas to foreigners? 02:25 Who can get an e-visa and for what period? Daria Patapkina, lawyer of the company «Rosco - Consulting and Audit», answered these questions. According to FSB statistics, the number of foreigners entering increased by 17.5 per cent over the first quarter of 2023 to just over 3 million entries compared. That’s why, a system for issuing electronic visas to foreign nationals has been launched throughout Russia, acting for convenience and to save time. We will tell you about all the nuances of obtaining an e-visa in our new video. Don't switch! Be sure to watch to the end and support our work with a LIKE!!! Read: https://rosco.su/press/otkrytie-inostrannoy-kompaniey-scheta-v-rossiyskom-banke-instruktsiya/ All the most interesting things about taxes, law and accounting from the leading consulting company in Russia "RosCo". WhatsApp: +7( 929) 197-25-50 Tel: +7(499) 444-00-00 sale@rosco.su https://rosco.su/ More information in the playlist https://www.youtube.com/playlist?list=PLsb6UHPckO4uKsaMbHnxTf_buFGNbVG70 Stay up to date with the latest news, watch and read us where it is convenient for you: Telegram - https://t.me/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ VK - https://vk.com/roscoaudit Facebook - https://www.facebook.com/roscoaudit/ YandexZen - https://zen.yandex.ru/roscoaudit
Opening bank account for foreign company: instruction
Our services: https://rosco.su/registracionnye-uslugi/bankovskiy-schet/ 01:16 - What does a foreign company need to do before opening a bank account? 06:10 - How can a foreign company open an account in a Russian bank? 06:34 - What benefits can foreigners expect when opening an account? Daria Patapkina, lawyer of the company «Rosco - Consulting and Audit», answered these questions. Companies that are non-residents of the Russian Federation have the right to open bank accounts and place bank deposits in foreign currency and rubles in Russian banks. In this video we tell you how to do this. Regardless of the purpose of opening a current account, foreign companies must first register with the tax office and obtain a Taxpayer Identification Number (TIN). Without the original registration certificate, no bank will open a current account for a foreign company. After this, the company has 2 ways to register with the tax office: independently, or with the involvement of professional companies or through a bank. In addition, in order for a foreign company to open an account, it is necessary to collect many different documents. They were described in more detail in the video. Also, to facilitate the opening of accounts, the President of the Russian Federation signed a Law that comes into force on July 21, 2023. When opening accounts, foreigners or their representatives do not need to be present in person if they have passed identification. Identification is carried out by a foreign bank on the basis of an order issued by a Russian bank. The list of countries whose residents will be able to undergo remote identification will be approved by the Government of the Russian Federation. Be sure to watch to the end and support our work with a LIKE!!! Read: https://rosco.su/press/otkrytie-inostrannoy-kompaniey-scheta-v-rossiyskom-banke-instruktsiya/ All the most interesting things about taxes, law and accounting from the leading consulting company in Russia "RosCo". WhatsApp: +7( 929) 197-25-50 Tel: +7(499) 444-00-00 sale@rosco.su https://rosco.su/ More information in the playlist https://www.youtube.com/playlist?list=PLsb6UHPckO4uKsaMbHnxTf_buFGNbVG70 Stay up to date with the latest news, watch and read us where it is convenient for you: Telegram - https://t.me/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ VK - https://vk.com/roscoaudit Facebook - https://www.facebook.com/roscoaudit/ YandexZen - https://zen.yandex.ru/roscoaudit