At the end of accreditation period foreign company did not apply to extend the duration of the representative office of the company - is the representative office in this case considered to be closed?

In spite of the representative office has stopped its activity it is still in the SRC (State Registration Chamber) register. To exclude the representative office out of the SRC it is necessary to follow the shutting down procedure in SRC the same as during the early termination of representative office activity. Also it is necessary to de-register the representative office from the tax authorities, pension fund and social insurance fund. We render services for shutting down procedures arrangement in SRC, tax authorities and funds. Service cost makes – 55 000 rubles. Representative shutting down period in all authorities makes 3-4 months. Also the period of the mentioned procedure depends on timing of desk audit in tax authorities.

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What type of activity can be carried out by a foreign company in Russia?

To carry out the activity within the territory of the Russian Federation the foreign company must be registered. The registration form depends on choice of its members which is directly specified with the purpose of the activity. Thus the foreign company has the right to be the founder of the legal person of any legal form of organization and also to accredit its branch or representative office. The limited liability company established by the foreign members shall be a Russian organization – a legal entity formed in accordance with the laws of the Russian Federation and has the status of commercial organization with foreign investments. This legal entity shall be submitted to Russian laws. State control for setting up, activity and liquidation of the branch of the foreign legal entity is carried out by means of its accreditation by State Registration Chamber under the Ministry of Justice of the Russian Federation. The branch of the foreign legal entity has the right to carry out ent

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