Russian Federation

Once the territory of the Russian Federation will be held accreditation of the branch, he can start their own business. Term cessation of activity as indicated in accreditation. The difference between the branches and representative offices of foreign organizations is as follows. Branches are required to include in documentation the exact cost of capital appreciation, which entered the foreign organization in the fixed assets of the branch. These data are recorded in the main document – Regulations on the branch. State Registration Chamber of the Russian Federation provides accreditation of a foreign affiliate of one year, two, three or five years. In if necessary, the accreditation may be renewed.

Renewal is carried out for a period of five years, provided that all necessary documents for the extension had been received by the State Registration Chamber of exactly within the prescribed period. 21 days before the end of the accreditation of a foreign company must provide all the necessary documents to Companies House. In that case, if the foreign organization does not apply for an extension its branch in the territory of the Russian Federation within the specified period, then upon expiration of the accreditation of a branch or representative office are no longer to work. If you need to re- hold accreditation had previously deployed on the territory of the Russian Federation branch, a foreign organization must reassemble the required documents for renewal. As soon as a complete package of documents will be submitted to the registering authority within 21 days, will be carried out re-accreditation.