The Russian Federation, commonly known as Russia, is a transcontinental country extending over much of northern Eurasia (Asia and Europe). The economy of Russia is based on a mixed economy. The country’s economic system combines elements of a market economy and a planned economy. Russia’s economy, one of the largest globally, is driven by energy exports, mainly oil and natural gas. Other sectors include mining, manufacturing (automotive, defense), and agriculture (wheat, barley). It also has a significant services sector, including IT and retail.
The politics of Russia (the Russian Federation) take place in a framework of a federal presidential republic. According to the Constitution of Russia, the President of Russia is head of state, and of a multi-party system with executive power exercised by the government, headed by the Prime Minister, who is appointed by the President with the parliament's approval. Legislative power is vested in the two chambers of the Federal Assembly of the Russian Federation, while the President and the government issue numerous legally binding by-laws.
The Russian tax system tends to use moderate flat or regressive tax rates. Individuals pay an income tax (13%), land tax (0.3% of the land's cadastral plot which is calculated by a special formula) and vehicle tax (which is linked to the vehicle's engine power).
Most businesses are eligible for simplified taxation and can choose one of the following taxes: income tax (6%) or profits tax (15%).
Corporate taxes for medium and large businesses include profits tax (20%), value added tax (from 10% to 20%), property tax (0-2%) and some specific taxes.
Russian Federation has been concluded Treaty agreements about avoiding double taxation with many countries, it should be analyzed by case. The rule of 6 months permanent residence is valid for Russian Federation.
There are several forms for a foreign investor to start business in the Russian Federation. Foreign investor may set up (or register) a Russian legal entity in the form of limited liability company, joint-stock company (which can be private or public) or partnership. The other way is to register a representative or branch office of a foreign company in Russia.
Limited Liability Company or Private Joint Stock Company can be founded by an individual (Russian or foreign) or by a legal entity.
Stages of registration of a Russian legal entity:
Banking assistance (local and offshore accounts)
Tax Identification Number
Company registration/incorporation (local and offshore companies)
Police reports for approved clients
Local SIM card
Proof of address (Lease Agreement + Utility bill)
Getting a driver's license
%20rotate(90)'/%3e%3c/svg%3e)
I thank One World Migration for the opportunity to move to Turkey with their help. I looked to relocate my company to be closer to my European partners and suppliers from the Middle East.
I first came to Portugal as a tourist 3 years ago. Having assessed the situation and got acquainted with this country, I decided that I wanted to stay here to live. Thanks to the efforts of One World Migration, this became possible.
The decisive factor for me in my decision to obtain Grenadian citizenship was the possibility of a visa-free visit to Europe, where my husband and I love to come both on business trips and on vacation. Thank you One World Migration!
I have to thank OneWorld Immigration and their customer mentality for the Grenada citizenship. They were able to prepare all the necessary documents in the shortest possible time and without undue worry and accompanied us throughout the entire process.
Yes, it is possible. Russian law offers many different legal forms for doing business activities, the commonly used form is LLC.
Effective August 1st, the program offers second citizenship in 6 weeks via Dubai-based PPP. From $90k donation + $5k fee (single applicant).
Starting August 20, certain visa applicants must post bonds up to $15,000. The program explicitly targets Citizenship-by-Investment holders over vetting concerns. Initially affects Malawi/Zambia nationals, but CBI countries face potential inclusion with 15 days' notice. 30-day stay limit applies.
Foreign investors can now fast-track Argentine citizenship without residency requirements under President Milei’s new decree. Significant investment unlocks visa-free access to 162 countries, affordable living & Latin America’s dynamic economy. Details pending Economy Ministry guidelines.
