Doing business in Russia
Open a new legal entity in Russia
Starting business in Moscow is an easy and quick procedure. Russia is ranked 28 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings.
The World Bank’s doing business rating evaluates business conditions in 190 countries by 10 indicators:
- connection to networks;
- registration of property;
- obtaining construction permits;
- registration of enterprises, lending;
- investor protection;
- taxation;
- insolvency resolution;
- international trade;
- contract enforcement;
The Russian Government is implementing a set of reforms at the federal and regional levels to improve the investment climate, create a favorable business environment, including by improving legislation in terms of simplifying business conditions and creating institutions to ensure the necessary quality of law enforcement.
Each foreign citizen can start doing business in Russia. He just needs to fill out and sign a standard registration application notarized form to establish limited liability company.
Russian economy become more simpler and more friendly regulations for businesses, giving more protection for property rights.
According to the experts despite for crisis, pandemic, social and political instability Russian economy have grown up trends.
So now it’s time to invest in Russia by opening your own company.
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Related: Open a llc company in Russia
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Open LLC|JSC company
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Open LLC|JSC company
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Branch|Representative Office
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