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Establishing Business in Russia

Published: April 2010

In this inaugural issue of Russia Briefing magazine, we seek to introduce you to the complexities of doing business in Russia. We provide a brief overview of the economic factors that are affecting the country. We then go into a deeper analysis of how to set up your business in Russia and discuss what form that business should take, as well as how to find financing. Next, we look at Russia’s taxation system and its related accounting regulations. Finally, we take a look at some of the major infrastructure projects taking place in the country and update you on important business developments that could affect your operations.

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In this issue:

  •  Establishing a Business in Russia
  •  Significant Infrastructure Projects in Russia
  •  Round-up of the latest business developments in Russia

In this inaugural issue of Russia Briefing magazine, we seek to introduce you to the complexities of doing business in Russia. We first give you a brief overview of the economic factors that are affecting the country. We then go into a deeper analysis of how to set up your business in the country and discuss the various forms that the business could take - from comparing and contrasting representative offices with branch offices and subsidiary companies, to detailing how to go about financing a startup company. We also take a look at Russia’s taxation system, the tax rates that are applicable to foreign investors and the current reforms that the government has introduced. Additionally, we provide up to date information on Russia’s accounting and bookkeeping regulations that businesses will encounter when establishing a presence in the country. Finally, we take a look at some of the major infrastructure projects taking place in the country and update you on important business developments that could affect your operations.

The content of this magazine was compiled by SCHNEIDER GROUP (RUSSIA CONSULTING) staff in Russia.

 

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