Open a Business in Russia
Details for foreign investors interested in setting up a business in Russia. Our Russian lawyers provide incorporation services for international clients.
If you want to open a business in Russia in 2026 and need support, we are at your disposal with several services. Find out below how we can help you.
| Quick Facts | |
|---|---|
| Who can register companies in Russia? | Both EU and non-EU investors interested in having economic activities in Russia. |
Types of companies | – limited liability company, – joint stock company, – partnership |
Number of shareholders for an LLC in Russia | At least 1 shareholder |
| Formalities for starting a business in Russia | – company name verification and reservation, – preparation of Articles of Association, – tax registration, – application for special licenses and permits |
| Minimum share capital (YES/NO) | Yes |
| Local corporate bank account | It is recommended |
| Tax registration (YES/NO) | Yes |
| Time frame for starting a business | Around 2 weeks |
| Board of managers (YES/NO) | Yes |
| Legal representative (YES/NO) | Yes |
| Resident director required (YES/NO) | No |
| Office rent (YES/NO) | Yes |
| Possibility of hiring expats (YES/NO) | Yes |
| Annual financial statements required (YES/NO) | Yes |
| We provide support for company formation in Russia (YES/NO) | Yes |
Can I own a Russian company entirely if I am a foreign investor?
Yes, you can.
Can you help me register a business in Russia?
Yes. We offer the following services:
- preparing the company’s statutory documents;
- certifying the signatures of the shareholder and director;
- registering the company with the Federal Tax Service (state register EGRUL);
- paying the state duty fees;
- registering the company with the Federal Tax Department;
- opening the corporate bank account;
- making the company seal;
- obtaining the statistics codes.
NOTE: We also offer virtual office services if you do not have a registered address in Russia.
How much do your business registration services in Russia cost?
We have several packages available for the registration of a private limited liability company, as follows:
- USD 2,550 – the basic package – requires the shareholder to travel to Russia to have the signature certified;
- USD 3,550 – implies the registration of the company through a Russian consulate in the founder’s country of origin;
- USD 4,350 – includes the registration of the company through one of our representatives followed by the transfer of shares to the foreign owner (it does not require you to travel to Russia).
NOTE: For all these packages, we also offer virtual office services that start at USD 275 per month or USD 3,025 for 11 months. In this case, the incorporation fee decreases by USD 1,500 for each package.
The video below shows how foreign investors can start a business in Russia:
What is the most popular business form in Russia in 2026?
The private limited liability company.
What are the steps to register a company in Russia?
Foreign investors who want to open companies in Russia must follow the next steps, no matter the type of company they have chosen:
- prepare the documents related to the incorporation of the company – the Memorandum and Articles of Association;
- sign a rental agreement for the purpose of having a registered address for the company;
- open a bank account in which the share capital will be paid within four months after registration (no deposit is needed before registration);
- pay the company registration fee and obtain the receipt, which must be filed with the Trade Register;
- file all the documents with the Trade Registrar and obtain the EGRUL record sheet confirming the company's registration;
- register for taxation, VAT and for social insurance purposes with the tax authorities.
Is remote business registration available in Russia or do I need to travel there?
Remote registration is available with our Russian lawyers.
How long does it take to open a business in Russia?
The procedure takes between 2 weeks and one and a half months, depending on the selected package.
If you want to open a company in 2026 and you cannot be present in the country, our lawyers in Russia will help you with the entire registration procedure using a power of attorney.
Foreign entrepreneurs who want to find out more details about setting up a company in Russia may contact our law firm in Russia.
Evgeny M. Kuznetsov, Attorney at Law · 2 October 2026