Overview of Incorporation of an LLC in the Russian Federation
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1.
Drafting of Articles of Association and other corporate documents. 5 days
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2.
Opening of a temporary bank account
2 days
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3.
Payment of registered capital to the temporary account 1 day
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4.
Submission of an application for registration at Tax Office 1 day
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5.
Registration of the company as legal entity and taxpayer 5 working days
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6.
Opening of an official company bank account up to 5 days
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Comments on the incorporation of an LLC in Russia
| 1. |
The Articles of Association must be written in Russian and signed by the Director or the founder (investor). The application form must be signed at a public notary office by the Director or the founder (investor). |
| 2. |
A Temporary account is to be opened exclusively for the purposes of depositing the registered capital. |
| 3. |
Minimum registered capital: 10,000.00 Roubles (EUR 300.00); at least 50% of the registered capital must be paid in before the incorporation. |
| 4. |
(Tax Office in Moscow) The application and the corporate documents shall be submitted by the applicant in person. Alternatively, the application can be sent to a tax office via post-mail. |
| 5. |
The tax office shall issue a Certificate of Registration of the newly-established company and a Certificate of a Taxpayer. Certificates confirm the relevant entry with the Unified Register of Legal Entities of the Russian Federation |
| 6. |
Foreign currency account and account for Russian currency (ruble) can be opened; once these accounts are opened, assets from temporary account are automatically transferred to these accounts; as soon as this transfer is effectuated, the temporary account is being closed. |
