Why Start Your Company In Russia? – Professional Business Consultancy From CWIIL Group of Companies

Success breeds in the most unlikely of situations, and like most countries that have recently found capitalism, times are good for investment. Russia is currently flirting with top-ten economic status, adamantly poised in eleventh place. It is the biggest and most attractive emerging market, and its advantages read longer than Tolstoy. Frankly, there has never been a better time to be a part of Russia’s new chapter. The challenges of market entry shouldn’t be underestimated, but the Great Bear is an eastern promise of opportunity. If you want to be part of the great emergence, then read on to find out more.

It is still a mere infant in capitalist years, and if anyone has taken the phrase ‘free market’ too literally it’s Russia. There are few barriers, few restrictions and few lines drawn in the corporate sand. Exploitation has been rife at times, and there are instances of criminality at the highest levels of government and business. Corruption is no secret, though, so it is probably best we get it out of the way now.

Stifling red tape might be tougher to plough through than the Soviet snow, but its no better or worse than other emerging markets, and even some developed ones. If we’re discussing the bureaucratic barometer, just look at Italy and we’ll say no more. Things ultimately get done.

In other areas of economics, though, Russia excels : Special Free Zones, Concession Agreements, Independent Investments Funds and Development Banks. It also maintains a progressive approach to economic advancement, focused primarily on stabilization and diversity.

The Russian economy is generally booming. It has enjoyed eight years on consistently robust growth. It is the tenth largest economy in the world, with a GDP of $1.2 trillion. Since the turn of the century, Russia has operated large fiscal and trade surpluses, collecting foreign reserves of over $400 billion.

Russia’s main industries are energy – it has the world’s largest natural gas reserves, with second largest coal and eighth largest in oil.

As Russia is a major energy superpower; oil, natural gas, metals and timber account for more than 80% of its exports.

Russia’s largest import is machinery, equipment and transport equipment, which accounts for 51.3% of its total imports. Its second largest import is of chemical products and rubber (16.6%).

The population of the Russian Federation is 142 million people. It is a diverse and multi-cultural society, with as many as 160 different ethnic groups.

These materials are not intended and should not be used as legal advice or other recommendation. If you need a legal opinion on a specific issue or factual situation, please contact a lawyer. Anyone using these materials should not rely on them as a substitute for legal advice.

Consulting CWIIL Group of Companies, for any / all matters relating to your business startup, ensures advise based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessing of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and unknowledgeable business advice can be disastrous and thus should be avoided.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advise and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries or to Request a Personal Quote Feel Free to Contact :

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Online Initiatives & Implementation Division,
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For Queries Specific to Russia :
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