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Open representative or branch in Russia
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Under Russian law, a representative office or branch is not regarded as a separate legal entity from its establishing foreign company. Instead, a representative office or branch acts solely as the agent of its establishing foreign company.
Representative or Branch in Russia |
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Legal form |
Representative Office |
Branch Office |
Description |
· Represents interests of a foreign company and protects them in Russia; · Searches for business partners, makes market research etc. *Cannot carry out commercial activities. |
· Carries out all or part of commercial activities of a foreign company in Russia; · Represents interests of a foreign company and protects them in Russia. |
Documents for accreditation |
1. Power of attorney to the name of the future head of the Representative (or Branch) office;
2. Resolution regarding the opening of the Representative (or Branch) office;
3. Legalized (apostilled) certificate of incorporation of your foreign company;
4. Legalized (apostilled) extract from the trade register of your foreign company (when applicable);
5. Copy of the Articles of Association of your foreign company (or equivalent);
6. Document confirming tax registration of your foreign company. |
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Do I need to visit Russia to register Representative or Branch? |
No |
No |
Can I open bank account ? |
No |
Yes |
How long the accreditation? |
30 days |
30 days |
Corporate taxes |
20% |
20% |
Cost |
4190 USD |
5150 USD |