FAQ
What procedures are in place for establishing joint ventures?
First, the parties meet and identify their next steps and, if necessary, sign documents such as a memorandum of intent and a confidentiality agreement.
What does a memorandum of intent usually contain?
In a memorandum of intent, the parties usually specify the scope of their activity, confirm their mutual interest in setting up a joint venture, define the law and judicial authority that will consider disputes between the parties, etc.
What law regulates the procedures for registering legal entities in the Russian Federation?
The procedures for registering legal entities in the Russian Federation, including companies with foreign interest or participation, are defined by Federal Law No. 129-FZ of 8 August 2001, “On the State Registration of Legal Entities and Sole Proprietorships”.
Where can I find the list of documents needed to register a legal entity?
The list of documents is available on the website of the Federal Tax Service. The list of documents is specified in Article 12 of Federal Law No. 129-FZ of 8 August 2001, “On the State Registration of Legal Entities and Sole Proprietorships”.
To which tax inspectorate must I submit registration documents?
The registered address of a legal entity is considered to be the legal address of the director (CEO, founder, etc.). The business address may be the address of an office owned by the founder, or the home address of the firm’s CEO (rented premises may also be used as the business address).
How long does it take to receive state registration documents?
If the documents you submitted are correct and complete, you will receive the following from the tax inspectorate within three business days:
- Certificate of state registration of a legal entity;
- A copy of the corporate charter/articles of incorporation signed by the registering authority;
- A list of records with the Unified State Register of Legal Entities (USRLE).
What legislation is in place in Tatarstan to protect my investments?
The Republic of Tatarstan has adopted the following laws on protecting investments:
- Law No. 1872 of 25 November 1998,“On Investment Activities in the Republic of Tatarstan”,
- Law No. 2180-XII of 19 July 1994 “On Foreign Investment in the Republic of Tatarstan”.
What about federal legislation?
The Republic of Tatarstan has adopted the following laws on protecting investments:
- Law No. 39-FZ of 25 February 1999, “On Investment Activities in the Russian Federation in the Form of Capital Investments”,
- Law No. 160-FZ of 9 July 1999, “On Foreign Investment in the Russian Federation”,
- International treaties signed by the Russian Federation on stimulating and protecting investments.
Where are the rights and obligations of foreign citizens and the terms of their migration registration defined?
In the Republic of Tatarstan, Federal Law No. 109-FZ of 18 July 2006, “On the Migration Registration of Foreign Citizens and Individuals without Citizenship in the Russian Federation” is in effect.
What legislation regulates the right of foreign citizens to work?
Federal Law No. 115-FZ of 25 July 2002, “On the Legal Status of Foreign Citizens in the Russian Federation” regulates this right.
What do the registration procedures for foreign citizens depend on?
Article 1.2 of Federal Law No. 115 defines three main types of foreigners: “temporarily staying”, “temporarily residing”, and “permanently residing”. The registration procedures primarily depend on the status of the foreigner.