READY TO CONQUER
THE RUSSIAN MARKET?

READY TO CONQUER
THE RUSSIAN MARKET?

Build a presence in Russia

We will be delighted to register your entity (representative office, branch, subsidiary or independent limited-liability company), either as a standalone service or in combination with a comprehensive monthly package, including accounting, payroll and various ancillary services. Our lawyers have 10+ years of experience and can advise you on the correct choice.

We can accommodate any ownership structure:

  • foreign individuals;
  • foreign organizations;
  • Russian individuals;
  • Russian organizations;
  • any combination of the above.

Strong foundation

In opening your Russian entity, we not only save your time, but also pay close attention to your individual circumstances. We take full responsibility for the long-term legal and practical consequences of these initial choices.

Some local competitors specialize in the mass processing of company registrations, sometimes using a single boilerplate corporate charter for all clients. If your aim is to reduce cost, we can offer a simplified process (see packages, below). However, we would urge you to follow a more thorough, tailor-made approach.

WHY OUTSOURCE?

COST

Outsourcing reduces the cost of recruitment, supervision and full-time employment of highly qualified specialists.

RISK MANAGEMENT

Unlike in-house employees, good outsourcing companies accept full financial responsibility for the quality of their work and are backed by professional liability insurance.

FOCUS

We are laser-focused on optimizing processes while you are free to concentrate on your core business.

SCALABILITY

Outsourcing is easily scalable, meaning you can stay agile in terms of costs, time and infrastructure involved.

LEGISLATION RESEARCH

Keeping track of the ever-changing rules of Russian legislation is crucial, but time-consuming and confusing for foreigners. We centralize this function, ensuring both efficiency and compliance.

SENIORITY

To ensure compliance you need a senior manager, but less than 20% of tasks typically require one. Conversely, We distribute the workload more efficiently so clients benefit from the entire team, including the Chief, without the large cost.

CONTINUITY

In-house employees can fall ill, go on maternity leave or resign at short notice. Dismissals can lead to disruptions. An outsourcing firm can easily reassign tasks internally and monitor the handover.

INCIDENTAL COST

In addition to salaries and social contributions, in-house employees require office space, supplies, computers and software. With all-inclusive outsourcing, one price covers everything.

EASE OF CANCELLATION

 Laying off an in-house employee can be costly (3+ monthly salaries) and difficult. A contract with an outsourcing firm can typically be canceled within 30 days and is hassle free.

SPECIALIZATION

Specialization in narrow fields such as incorporation, accounting or payroll reduces errors and time spent on research, but is often impossible at small in-house departments.

SUPERVISION

Smaller companies often lack the expertise to effectively supervise their employees, leading to poor compliance with regulations or systematic errors in basic operations.

HIRING

 Professional recruitment often costs 20% of the target’s annual salary. Industry professionals at outsourcing firms excel at testing candidates’ technical knowledge.

Partial Outsourcing

To foster a successful relationship, businesses can tailor their outsourcing to their needs, such as outsourcing the accounting function. This ensures a smooth transition between existing processes and outsourcing which can grow according to its success.

PROCESS OPTIMIZATION

Outsourcing firms streamline routine processes for maximum efficiency. Conversely, a small business department may find that the expenses involved in optimizing processes outweigh the potential gains.

WHY DO BUSINESS IN RUSSIA?

Cheap labour

Salaries are much lower than in the West, even for highly qualified and experienced staff.

Talent

In fields such as IT, design or natural resources, there is no shortage of talent.

Large market

Russia has 140 million people and also serves as the gateway to the entire CIS, where Russia’s ties are strong and Russian is widely spoken.

Incentives

Following the sanctions, the Russian government has launched initiatives to attract foreign investments.

Low tax

Individuals that open companies are also entitled to benefit from the simplified tax regime, which reduces corporate tax to 6% of revenue or 15% of profit.

Quality of life

Moscow is the pulsing heart of Russia and Europe’s only true 24-hour capital. St. Petersburg is famous for its beauty, culture and arts. Subtropical Sochi has beaches, skiing and nightlife.

Migration friendly

In a recent overhaul of its law, Russia has redefined itself as a country that welcomes qualified migrants, with easy routes to residency and citizenship.

Modernization

Russia has been investing heavily into the digital economy, with large-scale projects such as the Skolkovo research center and through national champions such as Sberbank.

INCORPORATION + 12 MONTHS OF ACCOUNTING

For incorporation without accounting, prices are available upon request.

GO EAST

LLC, 1 individual founder

3,700

  • ✓ Documents and translations
  • ✓ Incorporation
  • ✓ Bank account
  • ✓ Accounting
  • ✓ Payroll
  • ✓ 3 standard contracts
  • ✓ Customer service in English

STRONGER TOGETHER

LLC, 2+ individual founders

4,700

  • ✓ Documents and translations
  • ✓ Incorporation
  • ✓ Bank account
  • ✓ Accounting
  • ✓ Payroll
  • ✓ 3 standard contracts
  • ✓ Customer service in English

CONQUER THE MARKET

Subsidiary, any shareholder structure

5,700

  • ✓ Documents and translations
  • ✓ Incorporation
  • ✓ Bank account
  • ✓ Accounting
  • ✓ Payroll
  • ✓ 3 standard contracts
  • ✓ Customer service in English

SPREAD THE WORD

Representative office

7,700

  • ✓ Documents and translations
  • ✓ Accreditation
  • ✓ Bank account
  • ✓ Accounting
  • ✓ Payroll
  • ✓ 3 standard contracts
  • ✓ Customer service in English

Two months of free accounting!

If you open your Russian entity by the end of March 2021
Promocode: RUSSIA2021

AMPLE OPPORTUNITIES AWAIT

Call now:
+7 (495) 161-73-48.

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