How to open business in Russia
A company which is generating sufficient turnover on the Russian market may consider establishing a local office. Local presence is a crucial prerequisite to increase sales on the Russian market. This local office can import goods and
The Minister of Economic Development Maxim Oreshkin announced journalists that government supported the proposal to allow the registration of legal entities that do not have office space. This announcement was made after the presidium
The regulation of employing foreign employees is based on imposing certain rules with respect to each category of foreign citizen.
In August 2012, Russia became a full member of the World Trade Organisation (WTO). From that point onwards, Russia must follow WTO rules as well as the terms and conditions of accession as agreed during negotiations.
Russian employment law applies to all employment relationships in Russia, including those involving Russian nationals, foreign nationals, stateless persons, international organisations, and Russian and foreign legal entities.
Russia is going to spend up to USD 400 bln to explore and produce offshore O&G in the Arctic over the next 20-25 years
Before a foreign national can work in Russia as an employee, both a work visa (except "visa-free” nationals) and a work permit must be obtained.
Russia pays heed to maintain diverse economic ties with the world, instead of focusing only on its neighbouring European markets.
Newly established companies are liable for state registration. After the moment of state registration a company is considered to be established and get the status of legal entity...
Russian legislation grants the same rights on the issues of business activities realization to foreigners as to the Russian citizens. That is why a foreigner who stays in the country legally can start a business from scratch or just