Download - Frequently Asked Questions in Russia
Frequently Asked Questions in Russia
A presentation brought to you by LawyersRussia.com
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Questions for Our Lawyers in Russia
Foreign citizens coming to Russia can face certain difficulties unless they first review the legislation for opening companies in the countries.
It is also a common fact to ask a law firm in Russia what the requirements for starting a business are.
Foreign citizens have asked our Russian lawyers a lot of questions over the years and here are the answers to the most frequently asked.
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What Are the Steps of Business Litigation in Russia?
Business litigation is usually handled by the Russian Courts.
Depending on the matter, the main steps in litigation before courts are: the pleading, the discovery, the pre-trial and the trial phases, based on which the judge will rule.
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What Should I Know About Company Formation in Russia?
In order to open a company in Russia, you must abide by the regulations set out in the Commercial Code and follow the main steps for company registration.
These steps imply choosing the type of company, having the Memorandum and Articles of Association prepared, submitting them with the Russian Trade Register and obtaining the Certificate of Incorporation.
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What Are the Requirements to Invest in Russia?
Depending on the type of company one wants to register in Russia and the kind of industry, there could special requirements.
Among these, there are share capital requirements and/or obtaining special licenses.
For detailed information you can ask our Russian attorneys.
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Will I Need Special Permits for a Company in Russia?
Depending on the type of activity your company will undertake, there are industries that require applying for special business licenses.
You can ask our Russian lawyers if any special license is required for your business in this country.
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What Is the Procedure for Debt Collection in Russia?
Debt collection falls under the provisions of the Civil Code and several laws in bank and banking industries.
Debt collection proceedings are usually handled by collection agencies in Russia, but the procedure can also be settled in court.
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Do I Need a Visa to Enter Russia?
Yes, foreign citizens traveling to Russia are required to apply for a visa.
In order to avoid problems, one must know exactly the departure date and the Russian city or towns to visit, as this information must be declared in the visa application.
Due to strict requirements, it is best to get in touch with a Russian law firm in order to find out what these are.
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How Do I Obtain Russian Citizenship?
In order to obtain Russian nationality, a foreign individual must be eligible and obtain a visa and a residence permit before applying for citizenship.
Also, before applying for Russian citizenship one must have lived in the country for five consecutive years.
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What Are the Requirements for Employment in Russia?
Foreign citizens must apply for a work permit when coming to work in Russia.
The procedure implies the Russian company to apply for the work visa on behalf of the employee.
It must also be noted that it takes between three and three and a half months to obtain a Russian labor permit.
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What Are the Requirements for Marriage/Divorce in Russia?
Foreign citizens can get married in Russia provided they pay a marriage registration fee and announce the local City Hall at least one month before the ceremony.
Divorce proceedings require the spouses to file a marriage dissolution request with the local register office.
Divorce procedures can also be settled in court and the procedure could take up to six months.
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How Are Companies and Individuals Taxed in Russia?
The Russian taxation system falls under the Tax Code.
The Russian taxation system imposes a 20% tax to companies and an income of 30% on non-resident citizens.
Russian residents are subject to a 13% tax rate.
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Legal Assistance from Our Law Firm in Russia
Our attorneys in Russia can assist you if you want to set up a company here.
If you have more questions about moving or opening a company in this country, please contact our law firm in Russia.
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Thank you for your attention!
For more information, please contact us at:
(+44) 203-287 0408 (for international clients)
www.lawyersrussia.com
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