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
Firms, companies, organizations and individuals can be founders of limited liability companies in the Russian Federation. But they are not necessarily residents of the country. Registration of LLC for a foreign citizen has its own characteristics.
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.
Foreign nationals can’t be employed in Russia unless they obtain special permission. That relates to a separate category named