Fees and timelines in 2023


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 typesCostDraft Invoice
Limited Liability Company (OOO)US$31,450View invoice PDF
Nominee LLC (fast solution)US$40,740View invoice PDF
Joint Stock CompanyUS$16,660View invoice PDF
Branch of a foreign companyUS$19,760View invoice PDF
Representative officeUS$18,760View invoice PDF
Subsidiary LLCUS$13,460View invoice PDF
LLC without resident directorUS$12,560View invoice PDF
LLC with resident directorUS$22,510View invoice PDF
Special Economic Zone companyUS$19,010View invoice PDF
LLC with employment visaUS$17,410View invoice PDF
Russia business setup packageUS$41,700View invoice PDF
Russia turnkey LLC solutionUS$24,750View invoice PDF
Russia LLPUS$18,310View invoice PDF
Russia holding LLCUS$17,860View invoice PDF

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

ServiceLLCOJSCCJSCBranchRep. office
Engagement planning2 weeks2 weeks2 weeks3 weeks3 weeks
Company incorporation period6 weeks7 weeks7 weeks8 weeks8 weeks
Bank account approval5 weeks6 weeks6 weeks7 weeks7 weeks
Internet banking approval3 weeks3 weeks3 weeks3 weeks3 weeks
Engagement completion2 weeks2 weeks2 weeks2 weeks2 weeks
Total engagement period18 weeks20 weeks20 weeks24 weeks24 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