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Market entry · 6 min
Updated April 2026
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The cost of setting up a company in Russia: what foreign businesses should budget

An indicative breakdown of what it costs to establish and launch a Russian LLC — state duty, charter capital, legal address, setup services and first-year running costs.

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"How much does it cost to set up a company in Russia?" is one of the first questions foreign businesses ask, and the honest answer is: less than most expect to incorporate, but budget for the surrounding setup and the first year of compliance. This guide breaks the costs into the pieces you can actually plan around. All figures are indicative — your adviser confirms them for your case.

Incorporation costs

The direct cost of forming an LLC is modest. The state registration duty is ₽4,000 (and nil for electronic filing with a qualified e-signature). The statutory minimum charter capital is ₽10,000, which is deposited into the company account — it is your money, not a fee. Notarisation, translation and apostille/legalisation of foreign documents add a variable amount depending on the country and volume.

State duty: ₽4,000 (nil for e-filing)

Minimum charter capital: ₽10,000 (deposited, not spent)

Document notarisation / translation / legalisation: varies

Setup services

Beyond the statutory items, most foreign companies budget for professional setup: preparing the documents, handling remote incorporation, a legal address, tax registration and initial accounting setup. Bundled, this is where the bulk of the up-front spend sits, and it is what turns "registered" into "operational".

First-year running costs

The larger number is ongoing, not one-off. Budget for monthly accounting and reporting, payroll if you hire, and any HQS work permits for foreign staff. These recur, and under-budgeting them is the common mistake — the company is cheap to create and more meaningful to run compliantly.

Monthly accounting & statutory reporting

Payroll and social contributions (if hiring)

HQS work permits for foreign directors/specialists

Legal address renewal

The bigger picture

For a realistic plan, separate three buckets: the small fixed cost to incorporate, the one-off setup services to become operational, and the recurring first-year compliance cost. Modelling all three up front — which our calculators can help estimate — avoids the surprise of a cheap incorporation followed by unbudgeted running costs.

Frequently asked questions
How much does it cost to register a company in Russia?

The direct incorporation cost is low — ₽4,000 state duty (nil for e-filing) plus ₽10,000 minimum charter capital, which is deposited rather than spent. The larger costs are professional setup services and first-year compliance.

Is the charter capital a fee?

No. The ₽10,000 minimum charter capital is deposited into the company’s own account on formation — it remains the company’s money, not a payment to the state.

What are the ongoing costs after setup?

Budget for monthly accounting and reporting, payroll and social contributions if you hire, HQS permits for foreign staff, and legal-address renewal. These recurring costs usually exceed the one-off setup.

Related service: Company registration →
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