We are at your disposal to assist you in setting up a legal entity in Russia, in the form of an OOO which is the most appropriate legal status for foreign investors planning to develop a commercial activity in Russia.
To open a business in Russia you must:
- Determine the code defining the activity and the name in Russian of the company.
- File the statutes, in Russia.
- Have a provisional Russian general manager.
- Have a legal domiciliation address of the company in Russia.
- Open a bank account and pay the share capital (< 10,000 roubles).
There are several tax statuses
- A classic status: 20% taxes on turnover and 20% VAT
- A simplified status with 15% tax on profits without VAT
- A simplified status with 6% taxes on turnover without VAT
Thereafter you have two ways:
1/ Remain sole shareholder and continue with the Russian general manager.
2/ Become the Russian general director.
To do this, as a foreigner, you must obtain a work permit (VKS).
If there’s anything you’d like to know about what we do, how we do it, or how we can help you, please get in touch