Extension of the accreditation for a branch / representative office of a foreign company in Russia

Extension of accreditation

Law Firm “PRIORITET” performs legal services on extension of the accreditation term for the branches and representative offices of the foreign legal entities in Russia, including for those accredited in the regions of the Russian Federation.

A foreign legal entity has to apply to the State Registration Chamber for the extension of the accreditation term for its branch / representative office in Russia 21 business days prior to the expiry of the term of accreditation.

If the foreign legal entity fails to apply to the State Registration Chamber for the extension of the accreditation term in a timely manner, the branch / representative office shall be deemed terminated (ceased) its activities in Russia. In this case the branch / representative office shall be re-activated through a procedure established for the initial accreditation.

Our services on extension of the term of accreditation shall include the following:

Preparation of the set of documents in accordance with the legislation of the Russian Federation;
Extension of the accreditation for the branch / representative office with the State Registration Chamber under the Ministry of Justice of the Russian Federation and obtaining the new certificates;
Notification of the tax authorities and social funds concerning the extension of accreditation of the branch / representative office;
Obtaining new Informational letter from the state statistics authorities (Rosstat).

Timing : 3-4 weeks

Expenses related to the extension of the branch / representative office accreditation:

(1) Our fees for the legal assistance in the extension of accreditation term for the branch / representative office is RUB 25 000 (approx. USD 800)

(2) Fee of the State Registration Chamber for the extension of accreditation term for the branch / representative office for the maximum period is RUB 45 000 (approx. USD 1 500) (for the branch) or RUB 60 000 (approx. USD 2 000) (for the representative office).

(3) State duty for the branch accreditation is RUB 120 000 (approx USD 4 000).

(4) Additional fee of the State Registration Chamber for the expedited process (7 business days) – USD 500

(5) Expenses for the notary certification of the documents and their translation into Russian shall not exceed RUB 20 000-25 000 (approx USD 700-900).

List of documents required the extension of the accreditation for a branch / representative office:

No.	Document	To be provided by
1 .	Extract from the Trade/Commercial Register or Certificate of Incorporation depending on the jurisdiction	Company
2.	Decision of the Board of Directors (of another Management body of the Company) on Representative office or Branch extension of the accreditation	Company on the basis of a draft to be prepared by Provider
3.	Original permission for accreditation issued by the State Registration Chamber (for the representative office)	Company
4 .	Original accreditation certificate issued by the State Registration Chamber to the Branch / Representative office	Company
5 .	Tax registration certificate issued by the Russian tax authorities on the Branch / Representative office registration (notarized copy)	Company
6.	Power of Attorney for Head of the Representative office or Branch	Company on the basis of a draft to be prepared by Provider
7.	Power of Attorney for Provider (performing extension of the accreditation for a Branch / Representative office)	Company on the basis of a draft to be prepared by Provider
8.	Activity report for the Branch / Representative office for the expired accreditation term (shall be executed based on the template established by the State Registration Chamber)	Provider
9 .	Recommendation letter(s) from the Russian bank(s) with respect to the bank account(s) opened for the Branch / Representative office in Russia	Company
1 0 .	Profit tax return, stamped by the tax authorities on receipt (photocopy signed by the Branch Director and stamped with the branch seal) – applicable for the Branches only	Company
11.	Applications, forms, cards on the extension of the accreditation for a Branch / Representative office	Provider

Documents originated in a foreign jurisdiction should be certified by a notary public and legalized or apostilled abroad. The documents filed with the RussianState authorities shall have the Russian translation certified by a Russian notary public. All documents executed abroad shall be valid in Russia not more than 1 year from the date of their execution (apart from the documents indicated in clause 2 of the above list).

Welcome to PRIORITET

News

Extension of the accreditation for a branch / representative office of a foreign company in Russia

Extension of accreditation