As on the European market – Limited liability company is the most convenient form for opening and further developing your business in Russia will be Общество с ограниченной ответственностью (LLC).
And it is reasonably considered as such. Today, a foreign investor is provided with a comfortable conditions for using Russian jurisdiction for the purpose of opening a company.
To open a company, there are no requirements of a residence in Russia, or a work permit. In fact, any foreign citizen can open a company.
Information – Open a company
To start the process, you need to determine:
- Company name in Russian and English;
- The size of the authorized capital – minimum 10 000 rubles, which is approximately 120 Euro;
- Distribution of the authorized capital if the company is registered by more than 1 citizen;
- Type of activity;
- Director – if it is a foreign citizen – he will need to obtain a work permit and work visa.
Documents -Open a company
To open a company, an individual will need:
Translation of passport of a foreign citizen (certified by a Russian notary) plus:
- Confirmation of payment of a State fee in the amount of 4000 Rubles (approximately 50 Euro).
Registration – Open a company
The term for company registration is not more than 5 working days – from the date of filing the set of documents to the Tax office.
Is it possible to open the company remotely?
Remote filing of documents is possible – our lawyers with power of attorney from you can do it without presence. Accordingly, there is no need for visit.
Interim manager – Open a company
To carry out its activities – the company need to have a director. If this person will be foreign – he will need work permit and work visa to work in Russia. For the period of applying for these documents we can provide so called interim manager. This is administrative manager for day to day operations of the company.
VALEN GROUP will help you to understand all the specifics of Russian corporate law and to create a company from scratch. Aso to provide a legal assistance in supporting the activity of the company, opening a bank account and further management of the company.