Useful information
Doing business in Russia
- Forms of business in Russia
- Registration of Russian
legal entity
- Representative and Branch
office accreditation
- Accounting principles
- Main taxes and duties
- Double taxation
- Statements to the Tax
authorities and terms of submitting
- Labor legislation
- Personal legalization of
foreign employees in Russia
Useful information |
Representative and Branch office accreditation
ROs and Branches may be accredited at several state bodies, such as State
Registration Chamber (GRP), Chamber of Trade and Commerce and various Ministries
of the Russian Government, although the Consolidated State Register of ROs and
Branches is kept by GRP. ROs and Branches also shall be registered with the Tax
authorities, State Committee for Statistics and three non-budgetary funds (Pension
fund, Obligatory Medical Insurance fund and Social Security fund).
Stages of RO and Branch accreditation process:
- Accreditation with the accreditation authority (from 14 to 25 working
days)
- Making the seal
- Registration at the Tax Authorities (5 working days)
- Registration at non-budgetary funds and State Committee for Statistic
- Opening of a bank account depends on the bank
Government fee depends on accreditation period:
representative office for 1 year - 1000 US Dollars + 500 US Dollars, branch +
1500 US Dollars
representative office for 2 years - 2000 US Dollars + 500 US Dollars, branch +
1000 US Dollars
representative office for 3 years - 2500 US Dollars + 500 US Dollars, branch +
1000 US Dollars
branch for 5 years – 4000 US Dollars + 500 US Dollars.
In order to make accreditation in Russia of RO or branch it is necessary to
present the following documents:
- Foreign legal entity registration certificate or an extract from the
trading (bank) register (the document is valid within 6 months from the
distribution date)
- Memorandum of Articles and association. (In case if the legislation of
the foreign legal entity country of registration does not provide mentioned
above document, applicant should provide the document confirming this
statute given by authorized body in the country of registration)
- The foreign legal entity resolution about the incorporating of the
representative office in Russian Federation and the resolution of director
of the representative office.
- Reference letter from the bank, where the foreign legal entity has an
account in the in country of registration, with confirmation of its solvency.
(The document is valid within 6 months from the distribution date).
- The general transfer power of attorney to the head of the representative
office with all the necessary powers (including the powers of signing and
the coordination of the representative office provisions). (It is possible
to provide the notarized certified copy of the original document).
- The foreign legal entity tax certificate (the certificate from the
foreign country’s tax authorities about registration of the foreign
organization as the taxpayer in the country of incorporation with the
indication the code of the taxpayer.
Any foreign documents are to have consular legalization or are to be attested
with the apostille in accordance with the International Convention canceling the
requirement of legalization of foreign formal documents dated 5 October 1961).
ConsultExpert will be happy to assist you in accreditation process in Russia.
Please contact us for more
details. |
