Foreign investor can establish several types of legal presence in Russia. Depending on the needs usually foreign investors establish either a Limited liability company or Representative or Branch office of a foreign company in Russia. For more information on the difference between the legal forms please see Comparison table
Registration of an LLC General information.
Stages of registration:
Stage | Term |
Registration with the Tax authority | 7 working days |
Registration with the State Committee for Statistics | 2 working days |
Producing the seal of the Company | 1 working day |
Registration with non-budgetary funds (Pension Fund, Social Security Fund, Obligatory Medical Security Fund) | |
Opening of the bank account | Depends on the bank |
List of documents required from a company – non-resident shareholder:
- Certificate of Incorporation or Extract from the Trade Register of the country of origin or any other equivalent proof of the legal status according to legislation of the country of incorporation’s (1 copy). The document shouldn’t be older than 12 months.
- Memorandum and Articles of Association (1 copy).
- Document certifying the powers of a person to sign corporate documents for LLC registration on behalf of the shareholder in case the signatory is not specified in the Certificate of Incorporation of Extract from the Trade Register.
- Passport copy of a person to sign corporate documents for LLC registration on behalf of the shareholder.
Documents require notary certification of legality of the document and/or authorities of the signatories and apostille (or legalization at a Consulate of Russia in the country of incorporation) and notarized translation into Russian language
List of documents required from a foreign individual-shareholder:
- Passport
- Russian visa (if any)
Branch office accreditation. General information.
Stages of accreditation:
Stage | Term |
Accreditation with the tax authorities | 30 working days |
Registration with the State Committee for Statistics | 2 working days |
Producing the seal | 1 working day |
Registration with non-budgetary funds | |
Opening of a bank account | Depends on the bank |
Registration with the Chamber of Trade and Commerce | 5 working days |
List of documents required from a foreign legal entity:
- Memorandum and Articles of association of a foreign legal entity (charter, bylaw).
- Certificate of Incorporation of a foreign legal entity or Extract from the Trade Register.
- Letter of introduction provided by a Bank that serves for a foreign legal entity in the country of incorporation that proves its solvency.
- Resolution of a foreign legal entity about opening of the Representative or Branch Office and appointing of the Head.
- Power of Attorney given to the Head of the Representative or Branch Office.
- Certificate of registration with Tax authorities with Tax Code of a foreign company (or its analogue in the country of its establishment).
Documents require notary certification of legality of the document and/or authorities of the signatories and apostille (or legalization at a Consulate of Russia in the country of incorporation) and notarized translation into Russian language.