Starting a business in Russia

Legal Forms of Companies

Open Joint Stock Company (OAO)

Number of partners: 1 partner or more
Capital (max/min): RUB 100,000
Shareholders and liability: Liability is limited to the amount of capital invested.

Closed Joint Stock Company (ZAO)

Number of partners: From 1 to 50 participants maximum.
Capital (max/min): RUB 10,000
Shareholders and liability: Liability is limited to the amount of capital invested.

Limited Liability Company (OOO)

Number of partners: From 1 to 50 participants maximum.
Capital (max/min): RUB 10,000
Shareholders and liability: Liability is limited to the amount of capital invested.

Limited Partnership

Number of partners: No minimum.
Capital (max/min): No minimum capital required.
Shareholders and liability: General partners have unlimited liability; sleeping partners have limited liability.

General (full) Partnership

Number of partners: No minimum.
Capital (max/min): No minimum capital required.
Shareholders and liability: Liability is unlimited.

The Competent Organisation

The local tax office.

Company Directories

Rustocks, provides detailed insight into the Russian stock-market and domestic companies.

Source: Doing Business, 2016