The following Commercial guidance note Produced in partnership with Dentons provides comprehensive and up to date legal information covering:
Updated in April 2015
The business environment
Forming a company
Financing a company
Opening a branch or a representative office
Opening a bank account
Utilising office space
Key employment laws
Contracting with third parties
Protecting key assets and employees
Russia is the largest country in the world with a diverse culture and a rich history. With a population of 143.7 million and a growing middle class, Russia is a developing market that remains full of opportunities for global businesses despite the challenges of the past year.
There are a variety of ways of starting and developing a business in Russia. The purpose of this guide is to highlight some of the key areas that a new business will need to consider before it begins its operations in Russia. This guide should not be considered to be an all-inclusive manual and specific Russian legal advice should always be sought before starting up a business in Russia.
In 2012, Russia became a full member of WTO, which increased the country’s attractiveness for investment and levelled the playing field for all.
In 2014 and the first quarter of 2015, Russia faced a number of political and economic challenges.
Since the beginning of the Russia-Ukraine tensions, Russia has been subject to several rounds of sanctions imposed by the US, EU and other countries. Some certain
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