Welcome to PRIORITET

Currently many foreign investors are interested in establishing or expanding their business in Russia. In order to expand their presence in Russia foreign investors are opening representative offices and branches and incorporating wholly owned subsidiaries and joint ventures with the participation of Russian partners.

When entering the Russian market or expanding the presence, it is important for the foreign investors to select the most appropriate legal form of their presence in accordance with their aims, objectives and current business structure. Foreign investors can choose from a number of different forms of business in Russia, from Russian legal entities to representative offices and branches of foreign legal entities.

Russian legal entities may be established in various forms, including joint-stock companies (public and private), limited liability companies and partnerships. Such entities shall be deemed separate business units (legal entities) having their own property, balance sheet and management.

Representative offices and branches are not the separate entities, but the separate subdivisions of the foreign legal entities. Representative offices of foreign entities are strictly limited to conducting only liaison and supporting functions. Branch offices are allowed to conduct commercial activities.

We have an expertise in providing a full range of legal services for business support in Russia. We assist with the establishment and registration of a wholly owned subsidiaries and joint ventures as well as the accreditation and registration of representative offices and branches of foreign companies, extending their accreditation in Russia and closing them.