Many foreign companies today are interested in establishing or expanding their business in Russia. The high prospects of the Russian market and stable economic growth are attracting major investors.
For their part, Russian lawmakers are consistently implementing policies aimed at improving the overall investment climate in the country. Gradual removal of various bureaucratic barriers and simplification of registration procedures encourage foreign investors to expand their presence in Russia — by opening representative offices and branches, and creating subsidiaries and joint ventures, including those with the participation of Russian partners. The latest changes in Russian migration law provide more freedom for foreign companies to choose qualified professionals.
However, foreign investors setting up a business in Russia often face unfamiliar difficulties arising from Russian legislation. They cannot always take the best decisions independently, ones that take full account of all the legal and tax implications. Investors expanding their business in Russia usually need a broad scope of professional consulting services to help them:
- select the most appropriate organizational and legal form of their presence in accordance with their aims, objectives and current business structure;
- structure and improve management resources, as well as such important business aspects as relations with Russian partners.
We have vast experience in providing a full range of legal services for business support in Russia. We assist with the establishment and registration of subsidiaries and joint ventures, and the accreditation and registration of representative offices and branches of foreign and Russian companies. We offer legal advice on all aspects of migration legislation and on obtaining the documents required for hiring foreign employees. The lawyers of PricewaterhouseCoopers CIS Law Offices B.V. have acquired extensive experience in company structuring that can serve as the basis of your success in Russia.
How PwC can help
- Consulting on the most effective form of presence in Russia and corporate management structure. Advice on the most appropriate organisational and legal form in line with corporate goals will help investors significantly decrease their costs and save time in the long run.
- Establishment of representative offices, branches and subsidiaries, drafting of required documents. Based on our extensive experience of helping international companies structure their activities in Russia, we take full account of all the specific aspects of Russian legislation.
- Registration and accreditation of representative offices and branches, registration of companies. PricewaterhouseCoopers CIS Law Offices B.V. will carry out of all these time-consuming procedures to significantly speed up your registration process.
- Consulting and legal support on all issues related to migration legislation:
- structuring the most effective foreign employee hiring strategies;
- helping companies obtain foreign employee hiring permits, visas and work permits;
- settlement of disputes with government authorities regarding migration legislation;
- advice on obtaining Russian citizenship.
- Support with receiving licenses.
- Structuring foreign investor transactions in Russia. The experienced lawyers of PricewaterhouseCoopers CIS Law Offices B.V. will develop and implement the most advantageous scenario for transactions and will assist you in achieving the desired commercial effect.
Projects of PricewaterhouseCoopers CIS Law Offices B.V.
- We have helped major investors and counter-parties structure companies within the framework of joint oil and gas projects on the Sakhalin shelf.
- We have helped a large construction company obtain the required licences before established deadlines and hire 200 foreign workers for constructing the first natural gas liquefying plant in Russia.
- We have assisted in setting up and registering Russian entities for a major hotel chain, a leading car manufacturer, the world’s top passenger airline, an aircraft industry leader and producers of culinary products, Swiss watches, Japanese electronics and Korean home appliances.
- We have supported a large car manufacturer and its Russian subsidiary in developing distribution schemes for the delivery of cars and spare parts (including delivery contracts, distribution and dealer contracts), as well as a technical maintenance agreement for Russia.
