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Registration of Companies in Russia will be Simplified
30.07.2018 11:41
Registration of Companies in Russia will be Simplified

The government will simplify the procedure for the registration of companies.

      This was commissioned by Dmitry Medvedev to his deputy Konstantin Chuichenko. “Today the constituent documents contain a lot of duplicating paragraphs in and “this greatly complicates the life of both business and the state”, as Medvedev said. The Deputy Prime Minister Konstantin Chuichenko agreed that the charters of enterprises were composed of mandatory legislation standards by 95%, which "had no sense".

      Legal advice on Russian legislation

      According to Chuichenko, the contents of the charters can be reduced to two pages. "Everything that is written in the law will be applied regardless of whether it is incorporated into the constituent documents or not", the Deputy Prime Minister explained. Chuichenko promised to Medvedev to prepare amendments to simplify business registration in three months.

      Read More Articles on Doing Business in Russia


Author: Anna Dorozhkina

Tags: Legal Services in Russia Russian business    

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