In this issue of Russia Briefing, we address the technical aspects of investing in the country. The magazine explains the basics of business set up for foreign investors, from trademark registration and representation, to trading mechanisms and a step-by-step guide to establishing a company in Russia.
Luc Jones, a Partner with the Antal recruitment practice in Moscow, has just published the third edition of his guide to living and working in Russia, the archly titled “Why Russians Don’t Smile“. The book, which runs to 174 pages, contains nineteen sections dealing with everything from etiquette to language to entertainment, with a lot[…..]
By Dezan Shira & Associates Russia Desk Establishing and operating a Limited Liability Company (LLC, in Russian: OOO) is the best route for foreign investors entering Russia to buy and/or sell products or services. These are legal entities and can be formed by either just one individual, or several individuals or legal entities. Comparing a[…..]
By Dezan Shira & Associates Russia Desk Foreign invested companies often encounter administration difficulties when first establishing operations in Russia, as the local reporting requirements differ from those in their home country. Reporting back to head office must still be provided in standard corporate protocols, while local mechanisms must also be adopted to be in[…..]
Branch Offices in Russia differ from Representative Office establishments as they can perform direct commercial activities and generate local income. For this reason, they are often the preferred vehicle of choice for foreign investors looking to commence trade and import-export functions in Russia.
Looking at the new dynamics of an increasingly eastern facing Russia is relatively simple, with the establishment of the Representative Office (RO) in the country a proven method for assessing the local market and its new dynamics. A RO also avoid any possible entrepreneurial risks, as they are cost centers only and not incorporations.
Russia acknowledges main international intellectual property conventions, but has many unique domestic procedures for registering a foreign owned trademark. Learn how to register your foreign owned trademark in this article.
According to the Russian ambassador in Minsk, Belarus, Alexander Surikov, a joint Russian-Belarusian workgroup is reviewing a recommendation for a common visa area for the two countries before 2018.
By Marina Romanova In a way to re-establish “the special and privileged nature’ of their strategic partnership, Russia and India have set the goal of boosting bilateral trade to US$30 billion and mutual investment to US$15 billion by 2025. However, Russian-Indian trade cooperation leaves much to be desired. For Russia, India is in 19th place[…..]
By Marina Romanova In May 2015, after six years and eight rounds of negotiations, Vietnam signed a free trade agreement (FTA) with Russia-led Eurasian Union (EU). Although, it took another 17 months for the deal to finally come into force in October 2016, Vietnam became the first and only country so far to establish a[…..]