Establishing Business in Russia

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This inaugural issue of our new Russia Briefing title brings the compliment of BRIC nation titles and web sites under the umbrella of our Asia Briefing publishing business to three of the four. Indeed, the three nations we now cover, China, India and Russia, have shared interests and a long trilateral history and trade relations.

In this issue of the magazine, we examine how to set up in Russia, from comparing and contrasting representative offices with branch offices and subsidiary companies, to detailing how to go about financing a startup company. We also take a look at Russia’s taxation system, the tax rates that are applicable to foreign investors and the current reforms that the government has introduced. Finally, accounting and bookkeeping is an important part of any business and so we review some typical startup tax issues that businesses face when establishing a presence in Russia.

This publication is the result of a joint cooperation between Asia Briefing, Dezan Shira & Associates and our partner firm in Moscow, Russia Consulting Ltd. The articles within have been prepared by Ulf Schneider, the managing partner and we are pleased to be able to provide our readers with his impressive expertise in the Russian market.

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