Russia

While the US and Russia have something of a contentious relationship these days, business growth is looking positive. According to the World Bank Guide, Russia is a vast, resource-rich country, with immense diversity. In 2017, supported by growth in real wages, the ruble’s appreciation, and improving consumer credit, consumer demand became the main driver of moderate economic growth in Russia. If you are looking to set up shop in Russia, now’s the time, and IBCF can help!

IBCF Services in Russia

Entity Formations and Foreign Registrations

The most popular form of business in Russia is the limited liability company (OOO-Obshchestvo s ogranichennoy otvetstvennostyu).  A minimum of two shareholders is required and the minimum share capital is 10,000 rubles (~$200). The company will also be required to have a physical registered office, a local bank account, local accountant and a Russian tax identification number.  Several documents will be drafted in Russian, based on information provided, such as the Founders minutes, Charter and Foundation Agreement. Typically, the formation process can be completed in one to two months.

Looking to do business in Russia but have no idea where to begin? Reach out to our knowledgeable IBCF corporate specialists—fill out the form to the left and we will be in touch right away!

Registered Agent/Registered Office

For additional information about this service, speak with a corporate specialist directly at +1 845 398 0900 or complete the contact form and a corporate specialist will contact you shortly.

Document Retrievals (i.e Good Standing, Certified Copy)

IBCF can obtain electronic extracts from Uniform State Register of Legal Entities (USRLE – Uniform State Register of Legal Entities, a federal information resource) and other State Registers in 1 – 3 business days.  Extracts are issued electronically, in Russian, and we provide a simple translation into English.  Due to the subjective nature of translating names from Russian to English, obtaining the extract is much faster if we have the name in Russian, and/or a tax or registration number (PSRN (OGRN) or (and) TIN (INN)).   We can also obtain information on individuals.

Apostilles/Legalizations

. Depending on the document required, we can also assist with finding the right certificate or extract, IBCF has local Russian experts in major cities, with extensive experience obtaining apostilles and legalizations from international consulates. IBCF can manage the entire legalization process from obtaining the documents to apostilles/legalizations at the Ministry of Foreign Affairs and on to be legalized at the consulate of the recipient jurisdiction

Due Diligence Searches (i.e Lien, Judgment, Bankruptcy)

IBCF can conduct judgment searches, file and retrieve trademarks, and other services in the Russian Federation.

Compliance

For additional information about this service, speak with a corporate specialist directly at +1 845 398 0900 or complete the contact form and a corporate specialist will contact you shortly.

Contact Us Today

Have questions or need help? Reach out directly today.

Get In Touch