The FAST-TRACK to Market Entry

When expanding into any new market, companies

are generally confronted with barriers to 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.

Even the simplest of tasks

come with their headaches.

A foreign company will need

to devote three to fivemonths

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. In addition, a lot of time and

effort is required to open a bank account, recruit and

employ the general director or head of representative

office, organize a legal address, obtain work visas (if

employing a foreign worker), etc.

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

uncer tainty surrounding

the Russian, and indeed CIS,

market.

Inresponse,SCHNEIDER GROUP

has come up with a solution

t h a t e n a b l e s f o r e i g n

companies to try out the local

markets in which we operate,

without the need to register a

legal entity or make any large

investments. The central point

to this concept, around which everything revolves,

is the overlooked (and often unknown) option of

outstaffing. We call it our Market Entry FAST-TRACK

service.

Introduction

Reference

Russia Briefing and related titles are produced by Asia Briefing Ltd., a wholly owned subsidiary of Dezan Shira Group.

Content is provided by

Dezan Shira & Associates’partner company SCHNEIDER GROUP.

No liability may be accepted for any of the contents of this publication. Readers are strongly advised to seek professional

advice when actively looking to implement suggestions made within this publication.

Kind regards,

Ulf Schnelder

Managing Partner

SCHNEIDER GROUP

Ulf Schneider

Managing Partner

SCHNEIDER GROUP

Disclaim

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