Limited Liability Company Forum Russia
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FAQ
On February 22, 2022, the Secretary of the Treasury, in consultation with the Secretary of State, issued a determination pursuant to E.O. 14024 that authorizes sanctions against persons determined to operate or to have operated in the financial services sector of the Russian Federation economy (see FAQ 964).
What is needed: Extract from the trade (tax) register for each founder ? legal entity. The decision of the sole founder or the minutes of the general meeting of founders on the establishment of the LLC. The Charter of the LLC to be created. Application form P11001 for opening of the Russian LLC.
Dealing with the Russia Trade Register implies varied costs. For instance, RUB 200 is needed for the registration of the application form for your business in Russia. Around RUB 4,000 is the fee for state registration receipt.
Steps in opening a company in Russia The name of the company needs to be verified and reserved with the Company Registration Office in Russia. The specimen of signatures and the Articles of Association need to be prepared. Opening a bank account is necessary for depositing the minimum share capital of RUB 10,000.
Most common legal forms for a foreign business in Russia are: representative office, branch or a limited liability company (LLC; in Russian Obschestvo s Ogranichennoy Otvetstvennostyu or OOO).