Blog

How to open a Public Joint Stock Company in Russia

Registration of a Public Joint Stock Company is an important step for entrepreneurs who seek to attract investment and develop their business. Opening your own company with the issue of securities is a process which is more complicated than the registration of an LLC. To understand this issue, it is often necessary to seek the services of professional lawyers. In this article we will consider in detail all the nuances of opening a PJSC and the procedure.

May, 08 2025
Branch of a non-public joint-stock company: what functions a separate subdivision fulfils

Today, when opening a company, a businessman can himself choose the organisational and legal form for work. Each of them has its own features and advantages. One of such methods is the creation of a branch of a non-public joint stock company (NPJSC), which allows companies to expand their presence in the market, optimise business processes and improve customer service. Here we will look at all aspects of opening a NPJSC branch office.

May, 08 2025
Common features and differences between LLCs and NPJSCs

Today, an entrepreneur can register one of several forms of organisation, each of which has its own features, advantages and disadvantages. However, there are two most common structures – limited liability company (LLC) and non-public joint stock company (NPJSC). They allow you to create your business and manage it effectively. However, it is important to consider the differences in a number of important characteristics. What are they about? Let’s talk in this article.

May, 08 2025
Dividend Payments and Loan Repayments Abroad in 2025: Key Aspects

Amid the global expansion of Russian companies, many organizations face the need to transfer funds outside the country. In 2025, these procedures require special attention due to new foreign exchange control rules, changes in tax legislation, and the sanctions regime. 1. Dividend Payments Abroad Taxation of Dividends: 15% — standard tax…

May, 07 2025
What functions does the joint venture perform

A joint venture is an agreement between two or more companies that voluntarily create and manage a new business. Each organization invests its own resources and conducts its own expertise for the establishment and launch of a new company. Such a firm is usually called a joint venture.

May, 03 2025
Change of director in an LLC: step-by-step instructions for 2024

The general director is the person responsible for managing the company. He/she represents the interests of the company in various relationships with government agencies, partners or third parties.

Apr, 25 2025
Selling a share in an LLC: step-by-step instructions

Registering the sale of a share in an LLC through a notary is a standard procedure for transferring ownership of a business to another person.

Apr, 24 2025
RSPP Develops Conditions for Return of Foreign Companies to Russia

The Russian Union of Industrialists and Entrepreneurs (RSPP) is drafting comprehensive proposals for the conditions under which foreign companies may return to the Russian market. This initiative, launched at the request of the country’s leadership following an industry congress, aims to create a balanced mechanism that would attract foreign investment…

Apr, 23 2025
How can a citizen of Belarus open an LLC in Russia

Cooperation between Russia and Belarus is a long–term partnership that has allowed us to create an agreement on the avoidance of double taxation. According to it, citizens of Belarus often choose Russia for creating business.

Apr, 22 2025
The Return of Western Companies to Russia: Conditions and Prospects for 2025

In 2025, Russian authorities established a set of requirements for the potential return of Western companies that left the market after 2022. The government’s policy on this issue combines elements of pragmatism and the protection of national interests. 1. Individual Approach and Protection of National Interests Each decision regarding a…

Apr, 16 2025
A draft law on extending the validity period of an electronic visa is developed

As part of its strategy to develop inbound tourism and strengthen international ties, the Russian government is preparing a large-scale liberalization of its visa regime. The approved draft law significantly expands opportunities for foreign citizens visiting Russia on e-visas. Key changes include: increasing the validity period of e-visas from 60…

Apr, 09 2025
Reorganisation of a Non-Public Joint Stock Company: peculiarities of the procedure, difference from liquidation

Reorganisation of a closed joint stock company or NPAO is a process in which the legal form, structure or ownership of the organisation is changed. This is necessary to optimise or change the direction of the business.

Apr, 08 2025
Transformation of an enterprise into a public joint-stock company (PJSC)

Transformation of a limited liability company (LLC) into a joint stock company (JSC) is a procedure for changing the legal form of a company. Thus, the new organization will fall under the law “On Joint Stock Companies”. In this article we will describe in detail how to correctly carry out such a reorganization.

Apr, 08 2025
Accounting statements of open joint-stock companies: peculiarities of accounting for JSC (PAO)

The reporting of any joint-stock companies differs from the reporting of an LLC in a large set of forms and the requirement to conduct an audit. A number of joint-stock companies are required to submit reports to the supervisory authorities

Apr, 08 2025
Reorganisation of a joint stock company: preparation for the process and the procedure for carrying it out

Reorganisation of a joint stock company is an important stage in the conduct of business, which can occur for various reasons: from strategic changes in the company to economic necessity. The process affects changes in the management structure, legal status or even the form of ownership of the company. In this article, we will look in detail at the key aspects of changing the legal status of a JSC and the main steps that need to be taken to make the process successful.

Apr, 08 2025
Prospects and Challenges of Reconnecting Russian Banks to the SWIFT System

In the spring of 2022, the decision by Western nations to disconnect key Russian financial institutions from the SWIFT system emerged as one of the most significant elements of sanctions pressure. This move substantially complicated international transactions for Russian businesses and citizens. However, recent geopolitical developments have shown signs of…

Apr, 02 2025