Important tips for beginners

jakariabd@ · Post by **jakariabd@** » Tue Jan 21, 2025 3:32 am

Practical advice on opening an LLC in Russia
To ensure that the LLC registration process goes smoothly, it is important to consider several key points. We have compiled several practical recommendations for you that will help you avoid common problems and speed up the process.
Selecting the right tax regime. This is one of the most important steps when opening an LLC. Depending on the type of activity and the scale of the business, you can choose one of several tax regimes:
General tax regime (GTR): suitable for large companies that plan to work with VAT and income tax.
Simplified tax system (STS): suitable for small companies, allows to reduce the tax burden and significantly simplify accounting. There are two options for STS: income (6%) or income minus expenses (15%).
Patent taxation system (PTS): available for list of venezuela whatsapp phone numbers certain types of activities and suitable for individual entrepreneurs and small companies operating in certain types of activities.
Use of professional services. To start a business, I recommend using the services of legal or accounting companies that will help you correctly complete all the documents, choose a tax regime and speed up the registration process.
Clearly define the structure of the business. If you plan to attract co-founders, agree in advance on the shares in the authorized capital, as well as the rights and obligations of each of the founders. A properly drafted company charter will help avoid disputes in the future.
Register your company in the right place. Choosing the place to register your company is an important step. Make sure that the legal address meets all the requirements of the tax service, and that the lease or ownership of this premises does not raise any questions.
Using online services to submit documents. To speed up the registration process, it is recommended to use the State Services portal or other online resources to submit documents to the Federal Tax Service. This will save you time and avoid unnecessary bureaucracy.