Open a Company in Agriculture
To be sucessful in open a company in Russia in the agricultural sector, it is necessary to obtain specific business permits and licenses for the activitites of the respective business.
Agricultural activities can refer to a wide range of products, such as vegetables, fruits, farming or fisheries.
Each specific activity must be performed in accordance with the applicable legislation and our team of company formation representatives in Russia can provide in-depth information on the procedures that have to be completed in this sense.
Agriculture in Russia
Russian agriculture field is an important industry in Russia.
Food production, as well as food processing, represents one of the top activities in this country. The representatives of the country are interested in developing this field and, in 2012, the Russian government enacted a program aiming at increasing agricultural activities.
State Program for the Development of Agriculture and Regulation of Agricultural Commodities Markets is available for the 2013 – 2020 period and our team of consultants can provide more details on this matter.
The program is aiming at providing subsidies and other incentives for local producers performing business activities in this field and it refers at the following:
- crop production;
- animal origin products;
- cattle industry;
- providing assistance to small companies involved in agricultural activities;
- sustainable development;
- development of lands;
- irrigations.
Registering an agricultural business in Russia
The Land Act is the main law providing for the purchase of land plots for various reasons.
The purchase or lease of land for agricultural or faming purposes is regulated by the Federal Law on the Russian Agricultural Census which applies to both individuals and companies seeking to set up a business in this industry.
Foreign investors are also allowed to set up companies in the agriculture sector in Russia based on the laws mentioned above, but also in accordance with the provisions of the Commercial Code which covers the entities used to set up the business.
Among the structures used to open an agricultural business in Russia are the limited liability company and the sole proprietorship for small enterprises.
The joint venture is another successful option for foreign entrepreneurs seeking to understand how a business works in Russia.
Russian types of agricultural businesses
Here is types of businesses which can be created in the Russian agricultural industry:
Russian Agricultural licenses
Once the agricultural company is established, the owner must obtain special licenses or permits which will allow him or her to cultivate or sale or export the products. The agricultural goods must comply with various requirements and several laws, among which:
- the Law for the Wellbeing of the Population;
- the Veterinary Law;
- the Quality and Safety of Food Products.
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.
Related: Open a llc company in Russia
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Open LLC|JSC company
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The best way for a foreigner to start a business in Russia is to register a company.
The procedure for setting up a business in Russia has been actively simplified by the government.
Today the process usually takes just three days and is not significantly different for a foreigner compared to a Russian citizen.
Founding a Limited Liability Company (LLC) is considered the most convenient form of business activity.
You need to fill the application form. Foreign nationals need to provide a notarized passport translation.
The validity of your signature on the application form should be notarized, after that it should be submitted to the relevant tax body.
You will require a legal address, a charter, and a minimum starting capital of 10,000 rubles (120 EURO).
You should also specify a general director of the LLC (this might be a foreign national with work permit) and be ready to regularly prepare and submit monthly accounting reports. Then it is possible to set up a bank account for the company.
There are many advantages of this type of business:
- easier to borrow large amounts from banks;
- easier to work with contractors;
- private investors can enter the business;
- LLC can be subject to 6 (six) percent tax.
Folow us on Youtube channel – Opening company in Russia
Related: Open a llc company in Russia
Get help starting your business.
The best way for a foreigner to start a business in Russia is to register a company.
The procedure for setting up a business in Russia has been actively simplified by the government.
Today the process usually takes just three days and is not significantly different for a foreigner compared to a Russian citizen.
Founding a Limited Liability Company (LLC) is considered the most convenient form of business activity.
You need to fill the application form. Foreign nationals need to provide a notarized passport translation.
The validity of your signature on the application form should be notarized, after that it should be submitted to the relevant tax body.
You will require a legal address, a charter, and a minimum starting capital of 10,000 rubles (120 EURO).
You should also specify a general director of the LLC (this might be a foreign national with work permit) and be ready to regularly prepare and submit monthly accounting reports. Then it is possible to set up a bank account for the company.
There are many advantages of this type of business:
- easier to borrow large amounts from banks;
- easier to work with contractors;
- private investors can enter the business;
- LLC can be subject to 6 (six) percent tax.
Folow us on Youtube channel – Opening company in Russia
Related: Open a llc company in Russia
Get help starting your business.
