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Home > Practice Areas > Incorporations
Hellevig, Klein & Usov's attorneys represent companies in their earliest stages of
development in Russia and inform their business and legal decisions during this period.
We carefully analyze our clients' objectives for entering the respective sector of
the Russian market, identify and anticipate potential legal and taxation risks in
their business development plans. Our goal is to offer a consistent and thorough
set of services ranging from entity incorporation to devising profit repatriation
strategies.
Under the Russian laws, entities may be incorporated as:
- OOO (obshetsvo s ogranitshnoye otvestsvennostiu) – the Russian equivalent of a limited liability company
- AO (aktsionernoe obshestvo) – the Russian equivalent of a joint stock company
- OAO (otkritoe aktsionernoe obshestvo) – a type of AO and the Russian equivalent of a publicly held company
- ZAO (zakritoe aktsionernoe obshestvo) – a type of AO and the Russian equivalent of a privately held company
- Branch offices, or
- Representative offices
A detailed examination of your business needs will help us devise the optimal corporate
structure and appropriate legal characteristics for your entity. We will then proceed
with drafting the founding documents, registering your entity under the Russian laws
and selecting the entity’s physical location and legal address.
Our service is not
only limited to registration, we provide also full set-up and development services,
which includes:
- Financing choices and particularities to consider
- Repatriation of profits and recovery of expenses from the investment
- Taxation issues
- Issues to consider regarding employment of foreign staff in a Russian company
- Practical issues such as: choice of premises and "legal address"
- Currency control issues
- Organization consulting (including the division of functions between owners representatives, employees and outside service providers)
Incorporating entities in foreign jurisdictions
We provide incorporation services
for companies in a number of overseas jurisdictions. Our experienced attorneys have
helped to set up and manage companies for property holding/development, direct/indirect
trading, and direct/portfolio investments, among others.
As part of this service,
we will thoroughly examine your business needs and advise you on anticipated incorporation
costs, the appropriate jurisdiction and the best business entity type, whether a
local registered office or registered agent facilities.