Any country’s economy has its own peculiarities which determine its features, structure, progress trend and global economy ranking.
Russia aims to be open to foreign investment. It seeks to create favorable conditions for foreign business, including clear and convenient conditions for starting and running a business. Any investor who has decided to work on the territory of the Russian Federation has to make a decision, which of the four existing alternatives is appropriate:
Most people believe that it’s impossible to create a profitable business in today’s Russia due to many reasons, namely financial crisis and lack of law flexibility regarding the private sector. However, if you take a careful look at different kinds of business it’s easy to discover a broad selection of promising business niches that have been growing increasingly more popular.
If you read this article, you almost certainly know about business in Russia firsthand. But how do foreigners look at business in Russia? And what information can one provide them with about business in Russia?
The main reasons are the international sanctions, the growth of crisis trends, and the aggravation of the geopolitical situation in the world. Currently, it is crucial to attract capital from abroad, and it requires particular attention.