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Category : Company Registration in Moscow | Sub Category : Legal Requirements for Company Registration Posted on 2023-07-07 21:24:53
A Comprehensive Guide to Company Registration in Moscow - Understanding the Legal Requirements for Company Registration
Moscow is the vibrant capital city of Russia and can be an exciting place to start a business. It is important to understand the legal requirements for company registration in Moscow before diving into the world of entrepreneurship. The guide on this website will give you a detailed description of the legal obligations you need to fulfill to register your company in Moscow.
1 The type of legal entity is decided.
The legal structure of your company is the first step. Moscow has several options, including limited liability companies, joint stock companies, and branch offices. It's important to understand the implications of each legal entity type and pick the most suitable option for your business goals.
2 Name registration
You need to register a unique name for your company once you have decided on a legal entity. Moscow follows a strict naming convention, and the proposed name must comply with legal requirements, such as not being misleading or already taken by another company. It is recommended to register a trademark to protect your brand identity.
3 The shareholders and the founding fathers.
Most legal entities have at least one shareholder. The shareholders' and founders' information must be provided during the registration process.
4 The articles of association are about.
The internal structure and regulations of your company are outlined in the Articles of Association. It includes details about the management, decision-making processes, distribution of profits and other essential aspects. It is crucial to draft a set of articles that are legally compliant.
5 The address is registered
Your registered address is the official contact point for your company. You will need to provide this information during the registration process if you have a physical office or access to a serviced office in Moscow.
6 The capital is authorized.
You will need to determine the amount of authorized capital for your company if you decide to establish an JSC or an ELL. The minimum required capital is dependent on the legal entity type. The authorized capital should be deposited into a Russian bank account.
7 Appointing a director.
Every legal entity needs a director who is responsible for the daily management of the company. The director can be a resident or non-resident of Russia, but certain legal entities may require that at least one director is a Russian resident.
8 Tax registration is required for certain activities.
It is necessary to register for tax after the company is registered. You will need to register for VAT and obtain a Tax Identification Number if you are doing business in that area.
A thorough understanding of the process is required for a company to be registered in Moscow. By following the steps mentioned, you can make sure a smooth company registration experience. It is always recommended to consult with a professional business consultant or legal expert to navigate the intricacies of establishing and Registering your business in Moscow. You will be on your way to a successful entrepreneurial journey if you have the right assistance and compliance.