Opening your own business in Russia is an opportunity for many entrepreneurs to realize their ideas and contribute to the country's economy. This process can be both exciting and complex, requiring careful planning and understanding of local laws. In this article, we will discuss the key stages and features of starting a business in Russia, starting with choosing the form of the enterprise and ending with the legal aspects of doing business.
One of the key aspects of doing business in Russia is taxation. Depending on the chosen form of business and type of activity, entrepreneurs can choose between the general taxation system and the simplified taxation system (STS). It is important to understand the features of each system and choose the most suitable one for your business. Additionally, bookkeeping is mandatory and many businesses hire professional accountants for this purpose.
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