In this issue:
- Market Entry FAST-TRACK
- Outstaffing Through the Decades
- Another Look Through the Looking Glass
- Outstaffing Today: Case Studies
- Pitfalls of Outstaffing- What to Consider
- Other Points for Consideration
- The Next Stage – Registering a Legal Entity
When expanding into any new market, companies are generally confronted with barriers of entry. For a foreign company entering a CIS country, for instance the barriers for a typical business setup, including registration of a legal entity, representative office or branch office, can be quite significant both in terms of bureaucracy and time spent.
A foreign company will need to devote three to five months to the establishment of a legal entity or representative office in Russia, and must prepare, translate and notarise a mass of documents in order to complete the process.
This makes for quite an investment of time and resources, which often deters foreign investors from entering the market and making the most of the many investment opportunities which are there to be exploited. This is especially relevant today considering the economic uncertainty surrounding the Russian, and indeed CIS, market.
SCHNEIDER GROUP staff in Russia compiled the content of this magazine.