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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.

Auditing of foreign representations
Auditing of foreign representations
Like any Russian business, a representative office of a foreign company needs a professional look at the generated accounting (financial) statements. What should be taken into account when conducting an audit of foreign representative offices? You’ll find out from our new video. Should a foreign representative office keep records in Russia? Is it obligatory to audit foreign representative offices? What nuances should be taken into account when conducting an audit of foreign representative offices? These questions were answered by Ksenia Yasnova, a public relations specialist at the company "RosCo - Consulting and Audit". Interesting videos: Closing of a foreign representative office or branch in Russia https://youtu.be/lGvHah7ns9s Foreign business: 5 ways to work in Russia https://youtu.be/03QHLbYi4Gw All the most interesting about tax, law and accounting from the leading Russian consulting company "RosCo". Keep in touch with the latest news, watch and read us where you want: YouTube - https://www.youtube.com/c/RosCoConsultingaudit/ Facebook - https://www.facebook.com/roscoaudit/ Yandex.zen - https://zen.yandex.ru/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ VK - https://vk.com/roscoaudit Website - https://rosco.su/
Foreign business: 5 ways to work in Russia
Foreign citizens and companies can do business in Russia. What legal form of doing business is preferable? You’ll find out from our new video Many foreigners work in Russia. Depending on the characteristics of the business, it can be arranged in different ways. Today, there are 5 ways for foreigners to work in Russia. Method 1 - creation of an LLC by a foreigner Method 2 - acquisition by a foreigner of a share in an LLC 3rd method - creation of a branch or representative office of a foreign company 4th way - Individual Entrepreneur registration 5th way - work through a Russian distributor These points were mentioned by Ksenia Yasnova, a public relations specialist at the company "RosCo - Consulting and Audit". All the most interesting about tax, law and accounting from the leading Russian consulting company "RosCo". Keep in touch with the latest news, watch and read us where you want: YouTube - https://www.youtube.com/c/RosCoConsultingaudit/ Facebook - https://www.facebook.com/roscoaudit/ Yandex.zen - https://zen.yandex.ru/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ VK - https://vk.com/roscoaudit Website - https://rosco.su/
Closing of a foreign representative office or branch in Russia
The reasons for closing a foreign representative office or branch may be different. What documents and where should be submitted to close a representative office or branch of a foreign company? Stay with us and we'll tell you. 00:49 For what reason can a foreign representative office or branch be closed? 01:55 What should be done before closing? 02:48 What documents are required? 04:55 Should a tax audit be expected when closing a branch or representative office? These questions were answered by Ksenia Yasnova, a public relations specialist at the company "RosCo - Consulting and Audit". All the most interesting about tax, law and accounting from the leading Russian consulting company "RosCo". Keep in touch with the latest news, watch and read us where you want: YouTube - https://www.youtube.com/c/RosCoConsultingaudit/ Facebook - https://www.facebook.com/roscoaudit/ Yandex.zen - https://zen.yandex.ru/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ VK - https://vk.com/roscoaudit Website - https://rosco.su/
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