What does a foreign citizen need to start a business in Russia? Are there any restrictions? May a foreigner carry out business activities in any sphere? We’ll try to answer these questions in this article.

The question, whether a non-resident can become an individual entrepreneur in Russia, is the most frequently asked in the sense that a non-resident is a person of foreign nationality. However, that is not entirely true when it comes to tax status.

The Russian Federation as every other civilized country, does not limit foreigners legally living in the country, in law to conduct business. Moreover, for attracting foreign investments, business in Russia for foreigners is governed by the same rules as for Russians. Still, there are nuances. We will review them in more detail.

The two most common options for foreign companies to operate in the Russian Federation areaffiliated branches and limited liability companies.