Despite the fact that the Russian authorities are doing their best to facilitate the entry of foreign businesses, the procedure for registering a foreign company in Russia remains quite lengthy and the conduct of the business itself is still difficult.
If you are interested in entering the Russian market, but aren't yet ready to organize an independent company here, the solution for you will be to open a representative office on a partner company basis. The basis in the form of a business association, in this case, will be the best choice. Such a representative office will provide you with a full-fledged presence in the Russian market while maintaining control from the "center". Many large international companies have moved this way, it allows you to “feel” and “probe” the market from the inside with minimal costs and risks.
Below we list the main arguments for opening a representative office in Russia on the RAUIE' basis:
- Pay less. You do not need to rent a large office, renovate and furnish it. The same applies to the staff - at the initial stage, no more than 2-3 people will be required.
- Easy start. You do not need to register a legal entity and make an authorized capital.
- Save time. All the necessary infrastructure is already in place for work, including accounting and legal. You don't have to debug processes from scratch.
- Less risks. By opening a representative office on the RAUIE' basis you actually take away the risks. In case of failure, there will be no need for additional payments, difficulties with the legal entity liquidation etc.
- A multifaceted market. Market expansion is one of the most important business tasks. In Russia, you can find partners and end customers in any area and for any type of product.
- Established connections and brand. By opening a representative office on the RAUIE' basis you get the opportunity to use the internal contact databases, established connections and brand.
- Full control. All obligations to control employees are assumed by the association. Based on the work results, monthly and annual reports will be provided.
Your own representative office in Russia is not just a room with employees, it is a powerful marketing tool that allows you to gain a foothold in the multifaceted Russian market. Building business ties in Russia, especially with government authorities and state corporations, is an extremely difficult task, especially for foreigners.
For 10 years of work in Russia and Asian countries, the RAUIE has accumulated experience, business contacts and a contact base, and also earned a high reputation and trust among the business community. Today the RAUIE offers a wide range of solutions for entrepreneurs seeking to enter the Russian market.You can contact:
Maxim Kuznetsov - vice-president of the RAUIE
WeChat: maximkuznetsov
Allen Gao - deputy Head of trade and economic development Department
WeChat ID: Sauron_1863