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GLOBAL INFO

Russia, Chelyabinsk

COUNTRY:

Russia, Chelyabinsk (KR&P)

QUESTION:

ANSWER:

1.      What are the main types of companies in your country?

Ural district is one of the main, if not the main, industrial and raw material regions of Russia.  The cost of the reserves in it that are per unit area is an order of magnitude higher than the average for the Russian Federation.

That’s why there is a lot of processing and manufacturing organizations and companies here need able to have a law firm accompanying in a high level.

Of course, that’s not all our clients – we are working with different interesting projects including Pro Bono.

2.      Which is the most preferred type of company by foreign investors?

Labour, litigation and arbitration, white collar crime, tax, bankruptcy and insolvency

3.      What are the basic capital requirements of this company? (minimum amounts, types of capital, deadline of capital contribution)

This is confidential information. We are non-profit organisation. Requirements aren’t provided, only payment of legal support of the shareholder.

4.      What are the basic rules of shareholders liability for company debts in this company?

All rights and obligations of shareholders are regulated by the current legislation of the Russian Federation. Local regulatory legal acts governing this issue shouldn’t contradict this.

Any actions to enter, change, move, exclude shareholders are decided at a meeting of the Collegium.

5.      What are the basic management requirements for this company? (only natural persons, or nationals can be managers etc.)

According to the Constitution of the Russian Federation there are various forms of ownership: private, state, municipal and etc. All of this type could be in a managing process of these companies.

Our type private non-profit organization.

6.      How long does the registration procedure of this company take?

For our understanding, the question is not entirely correct ... According to this formulation, several possible registration options are possible, starting from the registration of the enterprise, ending with the registration and processing of the project in our organization. If there is a need for an accurate answer to this question, please clarify the direction of interest.

7.      What are the main costs of formation of this company in local currency?

Main costs for: maintenance of employees, office contents, trainings and studies, activities and trips, household expenses.

8.      What is the average attorney’s fee of the formation of this company in local currency?

We are non-profit organisation. Requirements aren’t provided, only payment of legal support of the shareholder.

9.      What are the basic publicity requirements of this company (filing of company changes, financial reports, etc.)

Financial reports for all of the supervisory authority, whose controlling the non-profit organizations. Report for the local shareholders.

10.   What are the main auditor requirements?

-        Finance activity and management.