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Russia's Business Formation Process

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작성자 SK 작성일25-07-30 07:02 (수정:25-07-30 07:02)

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연락처 : SK 이메일 : kianlemons@gmail.com Setting up a Limited Liability Company (LLC) in Russia involves numerous regulations requiring consideration of diverse requirements. In this article, we will outline the key requirements for establishing an LLC in Russia.

To start, foreign investors or Russian citizens need to register their company at the state's Unified State Register of Legal Entities of the Russian Federation. This includes submitting a business registration form and submitting the necessary documents to the registration authorities, usually the tax office.


One of the essential requirements for setting up an LLC in Russia is having a minimum authorized capital of 10,000 rubles. This amount can be either paid in full or deposited as a bank guarantee.


Another key requirement is to have a management structure for the LLC, consisting of a sole executive body or two separate bodies. The executive body is responsible for the day-to-day management of the business, while the supervisory body oversees the activities of the executive body and ensures compliance with the company's articles of association and any relevant laws.


In addition to these requirements, an LLC in Russia must maintain a register of its members, including their names, addresses, and percentage of ownership. It is also necessary to have a minimum of two members, but there is no maximum limit on the number of members.


Another crucial aspect is accounting and taxation. LLCs in Russia are required to maintain accurate financial records and pay annual taxes. They also need to pay a 15% corporate income tax on their profit, which can be offset by losses carried over from previous periods.


The language in which the documents must be prepared is usually in the official language, but an English top-10 translation agencies in Moscow is often required for international business transactions.

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A business license or permit, subject to industry regulations, is also required. The specific license or permit will depend on the nature of the business and should be obtained in advance of opening.


It is recommended that any foreign investor or entrepreneur consult with a qualified attorney who is familiar with Russian business law and regulations. They can provide advice on local procedures and minimize the risk of unexpected costs.

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