Fast-moving consumer goods (FMCG)
Agricultural sector in Russia is one of the largest contributors to country’s economy and investors seeking to open a company here can choose this industry without a doubt.
Moreover, agriculture has several branches which can be successfully exploited. One of these branches is the FMCG sector which could be defined as an industry itself.
Foreign investors interested in setting up a business in the fast-moving consumer goods sector in Russia can also explore other segments of this industry and they can open shops in which they can sell various products.
Our lawyers in Russia can offer information on the regulations related to selling FMCG goods.
How to open FMCG business in Russia
FMCG businesses will be operating as shops, mini-markets or even supermarkets depending on the products intended for sale. No matter how large the company will, there are a few important steps to follow related to the business registration process.
Local and foreign entrepreneurs can register partnerships, limited liability companies and even joint ventures through which they can establish FMCG companies in Russia. Speaking of joint ventures, foreign investors partnering up with local ones could find many business opportunities in the FMCG sector by importing and distributing certain products.
With respect to the registration of the Russian company, once the paperwork related to the formation is ready and field with the Trade Register, it won’t be long until the business becomes fully operational. Our Russian law firm can handle this procedure.
FMCG industry in Russia – Licenses
Depending on the goods which will be sold in the Russian FMCG company, various licenses and inspections from the local authorities must be obtained.
While some of the goods are produced locally and must only respect packaging and labeling requirements, in the case of imported goods, import licenses, certificates of origins and conformity must accompany the products.
The transport of these goods must also be made in special conditions which will be documented.
For full information on how to set up a company in the FMCG industry, please feel free to contact us.
Our experts in Russia are ready to provide comprehensive support for foreign entrepreneurs and businesses, they will help you at all stages, from a preliminary assessment of the situation and choosing the best solution to obtaining all the necessary registration documents and getting started.
By seeking legal advice, you will receive the following guarantees: the result will be achieved within a certain period, and any issue will be resolved as quickly and efficiently
as possible, and all this for reasonable money. Besides, you will protect yourself from possible risks and mistakes in opening company in Russia, which can turn out to negative consequences.