Company Registration in RussiaWe provide a full range of services on registration of business companies in Russia (in Moscow or any other city) - €1,500:
- we will choose a legal form for a company (limited liability company or a joint-stock company);
- we will help choose taxation system;
- we will provide documents for a company's legal address (registered office);
- we will prepare the entire package of documents for a company registration (including that for foreign founding members);
- we will register a company in the registration authority (in Federal Tax Service);
- we'll help open a settlement account in Russia.
Company registration in Russia starts with selecting a type of companyRF legislation provides a variety of legal entities' types. The most popular among them are limited liability companies and joint-stock companies.
Limited liability companies are registered in most cases.
However, if founding members intend free floating shares of the company, it shall be registered as a joint-stock company (for simplified share circulation at markets and various stock-exchanges)read more about types of companies »»»
The most popular type of company in Russia is a limited liability company.
Minimum amount of the company's authorized capital makes up RUB 10,000 (however, we do not advise to register a company with minimum authorized capital amount).
Prior to the company registration, at least half of the authorized capital shall be paid (funds shall be accrued to a savings account in the bank or the authorized capital shall be paid by property).
As a rule, such company is managed by the sole director of the company.
Information on owners of the limited liability company shall be entered into a special state register (the Unified State Register of Legal Entities).
Maximum amount of owners of such company (members) - 50 individuals or companies.
A joint-stock company may be registered in Russian the form of an open joint-stock company (its shares may be sold at the open market) and a closed joint-stock company (its shares shall be offered to other company members before being sold at the market).
Minimum amount of the authorized capital of a closed joint-stock company is RUB 10,000, for an open joint-stock company - RUB 100,000.
Register of the company's shareholders (owners) may be maintained by the company itself or by a special organization.
Taxation system in Russia may be chosen by the company founding membersDepending on company's activity, the company itself can select its taxation system. Conventional taxes in Russia are composed of the following payments:
- VAT (value-added tax) - its amount makes up 18%;
- corporate profit tax, which makes up 20%.
Meanwhile, the company is entitled to select another taxation system, e.g., not to pay income tax or VAT at all, paying only a tax of 6% from revenue or 15% from income.read more about taxes in Russia »»»
All tax liabilities of the Russian companies are regulated by Tax Code of the Russian Federation.
A company with conventional taxation pays 18% value-added tax Transactions with some items are charged with 10% tax or are subject to no value-added tax (e.g., land plots or primary food).
Conventional profit tax makes up 20%, but for some types of profit it may be 15% or 9%, and for some transactions it makes up 0%.
For businesses with low revenue (up to RUB 60,000,000), there may be selected a taxation system assuming no value-added tax payment (so-called Simplified Taxation System). In this case, a company is entitled to select the following taxation options by itself:
- 6% tax for the company's income (revenue);
- 15% tax for the company's profit (income amount reduced by the company's expenses).
Company registration is possible only with company's addressSo-called "legal address" or legal entity's state registration address is mandatory for registration of any company in Russia.
In other words, in order to be registered in Russia, a company shall have an office in any city (and as a result - a lease agreement for that office).
We will help You select a legal address in Moscow or any region in Russia, and we'll provide all necessary documents on the office (certificate of ownership, letter of commitment, lease agreement, etc.)read more about addresses for a company »»»
Legal entity's state registration address (company's legal address) is an address whereto all mail from Russian public authorities will be sent (e.g., tax authorities' requests). Of course, the company shall provide for receipt of such communications. Moreover, some Russian banks before opening a company's settlement account examine the company's registered address (in order to make sure that this company has its office).
After a legal entity's registration, there shall be executed a lease agreement for premises provided as a legal address.
Incorporation documents provide a basis for your company. Entrust their execution to professionals.Common package of documents required for the company registration in Russia includes the following list:
- resolution on organization establishing (to be executed in the form of a written resolution of a founding member or in the form of an incorporation minutes by several founding members);
- memorandum of association (to be executed when establishing a company by several founding members);
- Articles of Association (it shall be approved by all initial owners of the company);
- documents on the company's registered address (as a rule, it is a certificate of ownership for the premises, and a letter of commitment from the owner to provide the premises as a company's location address).read more about incorporation documents »»»
Incorporation documents of a legal entity shall be executed in full conformity with the applicable legislation (according to Federal Law "On Limited Liability Companies" and Federal Law "On Joint-Stock Companies").
Some documents shall be sewn, numbered and certified by founding members according to legal requirements.
Company registration requires applying to a Notary and to a tax authorityBeside incorporation documents, company registration in Russia will required documents to be submitted directly to a registering authority:
- P11001 form (special document, form whereof is approved by Russian Government, scanning and automatic recognition whereof allows register a company with a tax authority);read more about a company registration »»»
- evidence of legal entity's registration state fee payment.
A legal entity is considered to be a valid company from recording information thereof in the Unified State Register of Legal Entities.
Company registration process is governed by a Federal Law "On State Registration of Legal Entities and Sole Proprietors", where state fee amount and requirements to execution of required documents are indicated.
Currently, registration of business companies in the Russian Federation is performed by Federal Tax Service of Russia represented by various tax agencies.
Furthermore, in order to register a company, tax authorities shall be provided not only with incorporation documents, but a corresponding application according to a form established by the Russian Government. The above application shall contain signatures of persons who founded the company certified by a Notary. When registering a company with foreign founding members, signatures of foreign founding members may be certified by a foreign notary (with execution of a corresponding apostille).
We will help open a settlement account in RussiaIn order for a company to start acting as a business entity, it will, certainly, need a settlement account.
A settlement account may be opened in any credit institution of Moscow or another city in Russia. Therefore, you will need all incorporation documents of the company and documents on the company's legal address (lease agreement).read more about opening a settlement account »»»
Russian banks open accounts for legal entities against a corresponding application of the company after conclusion of account management contract.
One of prerequisites for opening a settlement account is execution of so-called "bank card" - it shall contain a sample of the company's seal and its director's signature.
The account is managed online (the bank provides necessary electronic devices). Some Russian banks also verify state registration address of a legal entity wherefore they open an account (in order to make sure that the company has an office).