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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.

What is an Apostille?
What is an Apostille?
Apostille is a seal certifying the authenticity of a document, as well as confirming the fact that it was received under the laws of the country that issued it. This seal is necessary for those traveling abroad, as a confirmation of the validity of their documents. Moreover, it is recognized only among one hundred thirty five signatory countries, including Russia. An important nuance: the document can be apostilled only in the country that issued its original. 1. Where it is not required. 2. What documents needs the apostle certify:.. 3. Types of apostille. 4. What an apostille should contain:... 5. In the Russian Federation, documents are apostilled in such state structures as:... 6. When legalizing, it is necessary to take into account the requirements of a foreign state for a translation, namely, what kind of translation may be required:.. RosCo – entrust your business to professionals! Будь в курсе последних новостей, смотри и читай нас там, где тебе удобно: Канал на YouTube - https://www.youtube.com/c/RosCoConsultingaudit/ Facebook - https://www.facebook.com/roscoaudit/ ЯндексДзен - https://zen.yandex.ru/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ https://rosco.su/
Registration of LLC with foreign capital
According to Western experts, Russia is becoming an increasingly attractive country for investment and business. Moreover, Russian legislation does not prohibit tax non-residents from registering their companies here. Plus, both types of entities, as individuals and legal persons. An important nuance: regardless of who is the founder (Russian or foreigner), the activities of any limited liability company (LLC) are carried out strictly on the territory of the Russian Federation and following its laws. That is, the company will be considered Russian. 1. Why do you need registration and when you do not need it? 2. What options for the existence of a foreign company are possible on the territory of the Russian Federation? 3. Subsidiary company (Limited Liability Company, Joint - Stock Company) 4. Representative office 5. Branch office Будь в курсе последних новостей, смотри и читай нас там, где тебе удобно: Канал на YouTube - https://www.youtube.com/c/RosCoConsultingaudit/ Facebook - https://www.facebook.com/roscoaudit/ ЯндексДзен - https://zen.yandex.ru/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ https://rosco.su/
How to enter into the SME Register?
Entering into the SME Register and exclusion of information about a Russian organization with a share of foreign companies in the authorized capital exceeding 49% are performed on a yearly basis from July 1 to July 5 (inclusive). Who shall provide the data on such companies to tax authorities for subsequent entering into the SME Register? The sources of such information for maintaining a unified register of SMEs are audit companies. For this purpose, the Russian audit companies shall give a conclusion confirming compliance of the foreign member of the Russian company with the criteria for obtaining SME status. Thus, if a Russian company having a foreign member is interested in getting into the SME Register, first of all it should initiate an audit of compliance with the requirements for small and medium-sized enterprises. The procedure for interaction between the Russian audit company and the customer company is explained by the Ministry of Finance. At the initiative of the LLC, a Russian audit company renders a service that involves confirmation of compliance of LLC members being foreign companies with the above criteria for SMEs; Confirmation shall be arranged on an annual basis. For this purpose, the audit company compares the data on the amount of income for the year and the average staff number of a foreign company with the criteria specified in the law. For making such comparison, the LLC shall submit to the auditor the statements of a foreign company for the corresponding year filed to the tax authority of the country where this company is established. According to the results of the audit, the audit company independently submits information to the tax service about the Russian company having a foreign member for entering into the SME Register. The data are summarized in the form of a file signed by an enhanced qualified digital signature of the audit company through the official website of the Federal Tax Service. The information may also be entered manually on the website of the Federal Tax Service after authorization of the information provider. Будь в курсе последних новостей, смотри и читай нас там, где тебе удобно: Канал на YouTube - https://www.youtube.com/c/RosCoConsultingaudit/ Facebook - https://www.facebook.com/roscoaudit/ ЯндексДзен - https://zen.yandex.ru/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ https://rosco.su/
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