Business peculiarities in Russia
ownership will operate within the framework of the Russian legislation. That is, the laws of a
foreign investor is limited to a choice of the legal form of the enterprise, defined deadlines
for accounting and tax reporting rules for transactions and other mechanisms for making
and processing of business transactions.
Forms of organization of business organizations:
Public joint-stock company (otkrytoe akcionernoe obshchestvo, OAO).
Private joint-stock company (zakrytoe akcionernoe obshchestvo, ZAO).
Limited liability company (obshchestvo s ogranichennoj otvetstvennost'ju, OOO).
Association and others.
1.1. Laws
The main laws governing the establishment and operation of organizations in Russia (as with
foreign capital, as without foreign capital)^
Civil Code, from 30.11.1994 51-FZ (the last version of 11.02.2013)
Companies Act, of 26.12.1995 208-FZ (the last version of 05.04.2013)
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