Fees and timelines in 2023
Fees
Russia 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 |
