Understand the Jurisdictions Setup Requirement Before Proceed Your Company Incorporate in Russia
One of the largest economies in the world, Russia provides an excellent platform for investors looking to reach out to a lot of people. A country with a population of 142 million people, it also provides a promising market in the trade and manufacturing sectors. However, the company incorporate in Russia tends to be very confusing for foreign investors because of officialities and other barriers, and this is where 3E Accounting Indonesia Helps.
You can contact 3E Accounting if you are willing to open a company in Russia. The firm will take you through the entire registration process with you only having to state your requirements. With 3E Accounting Indonesia company registration services, your company incorporate in Russia process is just a breeze.
The Process of Registering Company in Russia
Of course, 3E Accounting is going to help you with the process of the company registration, but it still is good to know what you are getting into. Here are the basic steps involved in registering a Russia company.
First, Determine the Type of Your Company
Depending on the size of your company, we recommend you to open a partnership, limited liability company or a joint-stock company.
In a partnership, two or more partners invest in the company. They are libale for every loss or debts. At the same time, they claim and share every profit the company makes. There are two types of partnerships:
- General Partnership – Every partner makes equal contributions, so they make an equal profit.
- Limited Partnership – Some partners don’t make as much as investments than the others, so they don’t get an equal share of the profit.
Russian Limited Liability Company
The minimum share capital to open a Russia Limited Liability Company is RUB 10,000. There can be no more than 50 shareholders, and the shares are not open to the public.
Joint Stock Company
The minimum share capital required to open a Joint Stock Company in Russia is RUB 100,000. There can be an unlimited number of shareholders in this type of company. Joint-stock companies can further be classified into two types:
- Open Joint Stock Companies – Shares are freely transferable.
- Closed Joint Stock Companies – Shares can only be transferred to those who are part of the company.
Then Choose, Company Name and Address
The name of your company should be unique and can’t be vulgar. At the same time, you will need a registered address for your company which should be a physical address and not a PO Box Number.
After that, Ensure You Have All the Documents
Depending on the type of company, you will need a Memorandum and other documents which consist of the company name, particulars of the company founders and shareholders, goal, rules and details of directors. However, the documents needed are dependent on different factors, and 3E Accounting can help you with that.
Register Your Company
You register your Russian company in the registration office of the Federal Tax Service. While doing this, you will also need proof of legal status of the business founders. Also, after registering your company, you can decide to make a company seal.
Are you looking forward to a Company Incorporate in Russia? You can contact 3E Accounting to do it in minimal time and effort.