Open company in the Construction sector

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10.000 rubles

To register a company in Russia, it is essential to have the amount of at least 10000 rubles to be contributed to the bank account as being the charter capital. Record setting forth the level of allocation of capital shares between all the founders of the LLC.

Company Formation in Russia

Any Russian or foreign individual (or party) can be a creator or shareholder of any number of Russian OOOs, although to be a board member or director you will have to have the required visa and/or residence permit to live in the country if you are a foreigner.

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Corporate Tax Rate20.0020.00percentDec 2021
Personal Income Tax Rate13.0013.00percentDec 2021
Sales Tax Rate20.0020.00percentDec 2021
Social Security Rate30.0030.00percentDec 2021
Social Security Rate For Companies30.0030.00percentDec 2021
Social Security Rate For Employees0.000.00percentDec 2021

10 Steps to Open a Company in Russia – read more in Articles

List of documents required for registrating LLC company in Russia:

  • Passports of the founders and general director (copies);
  • Application filled in according to form P11001;
  • Decision of the founder or minutes of the meeting of founders of the LLC company;
  • Articles of Association of the LLC company in Russia;
  • Receipt for payment of state fee for registrating llc company;
  • Documents that confirm the existence of a legal address for LLC company in Russia;
  • Notification of the choice of a specific taxation system for newley opened LLC company in Russia.

How to start a business in Russia – read more in Articles

The development and work created by their employees can also be protected under the intellectual property legislation, however, the employment contract must contain specific clauses related to the rights of employees over intellectual work.

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.

Open company in the construction sector

Russia is among the largest countries in the world in terms of surface and population, so it is a normal thing for the construction sector to be one of the most important industries in the country when reported to the needs of the population. More than that, the large number of investors establishing companies in Russia requires the continuous building of commercial and office spaces. So, if you are thinking about an industry to start a business in, we recommend the Russian construction sector.

You can also obtain information on the legislation related to construction from our lawyers in Russia.

Starting the Russian construction sector

Foreign investors have the same rights as local ones when it comes to opening a company in Russia, therefore, the first step to set up a construction business is to register one of the available business forms with the local Trade Register.

Russian companies operating in the construction field are required to join a Self-Regulating Organization (SRO), according to the law with the same name. To be more precise, Russian companies in the construction sector must obtain a SRO permit if:

  • they build spaces and facilities;
  • they carry out engineering surveys;
  • they execute documentation related to the construction sector.

Our Russian lawyers can offer additional information on how to apply for a SRO permit.

Open a company in russia

The construction permit in Russia

The construction permit is a special license which must be obtained for every work carried out by a construction business in Russia. Before applying for this type of license, the company must obtain several approvals from the local authorities, among which the Architecture and City Planning Committee and the Water and Sewage Company. Then, the following documents must be submitted with the State Committee of Construction Supervision:

  • the blue prints pf the land;
  • a specific application form;
  • the documentation related to the construction project;
  • documents issued by the Land Registry confirming the right on the property.

After the construction, the building must be registered with the Russian Land Register. A positive fact about the starting a construction company in Russia is that the timeframe related to obtaining the construction permit.

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.

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