Fees and timelines in 2022

Fees

payment by instalmentRussia LLC setup costs in Year 1 amount to $3,500 and annual company costs in Year 2 and thereafter will amount to $824. The average fee per engagement amounts to $31,450 including i) Russia company incorporation ii) corporate bank account opening iii) legal registered office and iv) all government registration fees.

Different Russia entity types Cost Draft Invoice
Limited Liability Company (OOO) US$31,450 View invoice PDF
Nominee LLC (fast solution) US$40,740 View invoice PDF
Joint Stock Company US$16,660 View invoice PDF
Branch of a foreign company US$19,760 View invoice PDF
Representative office US$18,760 View invoice PDF
Subsidiary LLC US$13,460 View invoice PDF
LLC without resident director US$12,560 View invoice PDF
LLC with resident director US$22,510 View invoice PDF
Special Economic Zone company US$19,010 View invoice PDF
LLC with employment visa US$17,410 View invoice PDF
Russia business setup package US$41,700 View invoice PDF
Russia turnkey LLC solution US$24,750 View invoice PDF
Russia LLP US$18,310 View invoice PDF
Russia holding LLC US$17,860 View invoice PDF

Click here to create your own Russia invoice

Timelines

The average Russia company registration period is 18 weeks as outlined below:

Service LLC OJSC CJSC Branch Rep. office
Engagement planning 2 weeks 2 weeks 2 weeks 3 weeks 3 weeks
Company incorporation period 6 weeks 7 weeks 7 weeks 8 weeks 8 weeks
Bank account approval 5 weeks 6 weeks 6 weeks 7 weeks 7 weeks
Internet banking approval 3 weeks 3 weeks 3 weeks 3 weeks 3 weeks
Engagement completion 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks
Total engagement period 18 weeks 20 weeks 20 weeks 24 weeks 24 weeks

russia business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The bank’s Legal and Compliance Department reviews and approves the banking application;
  • The bank’s relationship manager emails the corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;
cpa russia Russia government website Central Bank of Russian Federation Russia federal customs service world trade center moscow