Understanding the Company Registration Process in Russia

Step 1: Choose the Type of Company

• Limited Liability Company (LLC): This is the most popular choice among small and medium-sized businesses in Russia. It limits the liability of its owners to their investments in the company.
• Joint-Stock Company (JSC): Suitable for larger enterprises, JSCs allow for shares to be publicly traded, making it easier to raise capital.

Step 2: Prepare Required Documents

1. Charter of the company
2. Application for registration (form Р11001)
3. Decision to establish the company
4. Identity documents of the founders
5. Proof of the legal address in Russia

Step 3: Register Your Company

Step 4: Open a Bank Account

Step 5: Additional Licenses and Permits

Step 6: Compliance and Reporting