Opening a bank account for a foreign company in a Russian bank

Foreign companies cooperating with Russian counterparties often need to open an account in Russian banks. We provide to our clients – foreign companies – legal support for opening a bank account.

Valentina Khlavich
Managing Partner
  • Certified lawyer in the Russian Federation
  • Studied at the University of Passau, Germany.
  • Foreign languages: English, German
  • Since 2007 – lawyer at Beiten Burkhardt.
  • Since 2012 – Managing Partner of VALEN

Since 2019 in the list of

The process comprises:

  1. Obtaining a TIN

Before opening an account, a foreign company must first register with the tax authorities and obtain a taxpayer identification number. It may obtain it even without having a representative office or branch in Russia. The TIN certificate is issued 5 working days after the day on which the documents are submitted.

  1. Opening a bank account.

Having the status of a taxpayer, a foreign company is entitled to open a bank account. For this purpose, the bank must also provide a number of documents on the company. On average, opening a bank account takes 3-5 working days (depends on the bank’s regulations).

The presence of a representative (head) of the company in Moscow is not necessary – it will be enough to certify the documents locally at a notary and issue a power of attorney to our employees, who will do all the work.

Our services include:

  1. Preparation and filing of documents.

To register a foreign company with the tax authorities at the place of registration of the selected bank, we prepare and submit a number of documents, including copies of the founding and other documents of the foreign company.

  1. Receipt of TIN.

In 5 working days after submitting the documents, we receive a TIN certificate from the tax authority on the company’s tax registration. The company is also included in the Unified State Register of Taxpayers (USRN).

  1. opening of an account in the bank of your choice.

Within the framework of this stage we contact the bank, form and submit the necessary documents to the bank branch. We also carry out the necessary actions for remote access to the account after its opening.

How to get a service?

  1. Choose a service
  2. Fill in the form
  3. Our specialists
    will contact you
    for an initial consultation

Leading Lawyers

Valentina Khlavich
Managing Partner
Denis Bondarev
Head of Operations
Irina Girgushkina
Head of legal
Dmitry Kofanov
Valentina Khlavich
Managing Partner

Law degree in the Russian Federation

Studied at the University of Passau, Germany

Foreign Languages: English, German

Since 2007 a lawyer in Beiten Burkhardt lawfirm

Since 2012 founder and managing partner at VALEN

Our specialists
Denis Bondarev
Head of Operations

Graduated from People’s Friendship University of Russia (RUDN)

Certified Lawyer in the Russian Federation, Master of law (International law)

Foreign languages: English

5+ years of legal experience in consulting  lawfirms and inhouse practices

Since 2023 —Director of Operations at Valen Group

Our specialists
Irina Girgushkina
Head of legal

Graduated Moscow State Institute of International Relations (MGIMO)

RANEPA at the President of the Russian Federation

Certified Lawyer in the Russian Federation, Master of Law (Corporate Law)

Foreign languages: English, French

4+ years in corporate law consulting

Since 2022 –Head of legal at Valen Group

Our specialists
Dmitry Kofanov

Certified Lawyer in the Russian Federation

Experience since 2003 – in Russian and foreign law firms

Since 2021 – partner at VALEN

Our specialists

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