Russia flag Russia: Operating a Business in Russia

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.
 
Setting Up a Company Russia Eastern Europe & Central Asia
Procedures (number) 4.0 5.3
Time (days) 10.1 11.8

Source: Doing Business, 2016

 
Business Setup Procedures
World Bank Group, Doing Business, provides information on procedures in order start a business in Russia.
Registration Chamber

Find out more about Operating a Business in Russia on GlobalTrade.net, the Directory for International Trade Service Providers.

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Latest Update: June 2022

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