Business in Russia: simple, legal, and state-supported
Russia actively welcomes foreign entrepreneurs and investors by offering favorable conditions for doing business. Through special government programs, simplified registration procedures, and tax incentives, foreign nationals can successfully launch and grow their businesses in one of the most dynamic and promising markets in Eurasia.
Why Russia?
Access to a large market
With a population of over 146 million people and steadily growing consumer demand, there are opportunities across a wide range of industries.
Attractive tax environment
The standard corporate income tax rate in Russia is 25%.
Government support
Access to benefits, subsidies and Special Economic Zones (SEZs) can help to reduce operating costs and accelerate business growth.
How to start a business in Russia?
Foreign entrepreneurs have the following options: .
1. Establish a new business entity in Russia, such as OOO (a limited liability company (LLC)), AO (a joint-stock company (JSC)), or register as an individual entrepreneur (sole trader/proprietor).
2. Register a branch or representative office of an existing foreign company.
What do I need to get started?
Business plan:
It should demonstrate the economic benefits of the project for Russia.
Financing:
There should be a proof of sufficient funds to launch and operate the business.
Legal registration:
Registration of an individual entrepreneur or OOO (a limited liability company) may be completed either in person or online.
Advantages for foreign entrepreneurs
Simplified residence permit (RP) process: Investors may qualify for a simplified RP procedure if they invest 15,000,000 RUR in socially significant projects, or 30,000,000 RUR in a Russian company within three years prior to applying.
Tax incentives and grants: Tax rates in Special Economic Zones are reduced, ranging from 0% to 13.5%.
Taking the first steps
1. Develop a business plan tailored to the Russian market.
2. Register your company through the Federal Tax Service or a Multifunctional Public Services Center.
3. Apply for a business visa or residence permit if you have made a qualifying investment of 15,000,000+ RUR.
4. Take advantage of government support programs, including benefits, grants and Special Economic Zone (SEZ) opportunities.
Ready to start a business in Russia with government support?
We will support you at every stage of the process — from company registration and obtaining a residence permit to connecting you with government incentive programs and benefits.
Our company, OKA Agency, specializes in assisting with relocations to Russia
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