Tweet
Foreign companies can open a Representative Office (RO) or a Branch in Russia to engage in market research, networking, or support local operations without a full-fledged business entity. However, ROs are not allowed to conduct commercial activities, while branches can engage in income-generating activities.A sole proprietorship is another option, ideal for small businesses or individuals who want to operate independently. However, the business owner is fully liable for all business debts and obligations, making this structure riskier than an LLC or JSC.Once you’ve chosen the appropriate business structure, the next step is to navigate the registration process. The following steps outline the procedure for registering a Limited Liability Company (LLC), which is the most common form for foreign investors:Your business name must comply with Russian naming conventions. It cannot be identical to any existing company names or contain specific prohibited words (e.g., government-related terms). You can check the availability of a business name through the Russian Federal Tax Service (FTS).
For more information about how to open a business in russia, visit here.
For more information about how to open a business in russia, visit here.