of an LLC in Russia has always been possible for foreigners, they can act as
founders in Russian companies without any problems. However, restrictions have
recently begun to apply to foreign individuals and legal entities from “unfriendly
countries”. We have prepared a brief summary of the most important issues.
1) Can a
foreign citizen or a foreign company register an LLC in the Russian Federation
registration of a company in Russia by foreigners is possible without any
there any restrictions for foreign citizens and companies from “unfriendly
3) What is
the procedure for opening an LLC by a foreigner in the Russian Federation and
what documents do I need to provide?
submitting, in addition to the standard package of documents – an application
for registration, a charter, a resolution on set up, a document on payment of
state duty, documents for a legal address – a notarized translation of the
passport of the founder – a foreign citizen or an extract from the commercial
register containing information about the founder – a foreign company is also
4) Can a
foreigner be the CEO of an LLC?
for a foreign citizen to be appointed CEO of a company, he needs to obtain a
taxes does an LLC established by a foreigner pay?
types of taxes include income tax, property tax and social fees.
established by individuals can use a simplified taxation system in the amount
of 6% on income or 15% on income minus expenses.
6) Is it
possible to open a company in the Russian Federation while being abroad?
possible to register a company without a visit to Russia, for this, the
documents on the establishment of the company will need to be notarized and
apostilled. Also, the company registration documents can be certified at the
of an LLC by a foreign founder is a complex process, accompanied by some
legislative nuances. A number of restrictions that have come into effect for
foreigners require special attention to details that can become critical in