About what information should we remember if we decide to start business in Russia?

Posted on 05/02/2018 4:21pm

It is generally identified fact that entrepreneurship generates a lot of possibilities for our private development. Opening a new company is undoubtedly difficult activity, which usually requires a lot of brave and determination during our day-to-day task.




russian gost
Author: Farrell Small
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Resignation from steady position in a particular corporation could be quite difficult, however the potential rewards are often motivating us enough.


First of all, the most important element that we must consider before we will sign-up our company is a potential location of business. At the moment we are residing in time of internationalization, so we can without any arguments say that the globe during past decades had shrunk. Concerning to these facts a lot of business people does decide to start their own specialized activity in several areas of the world. For example really popular destination is Russia. It its connected with minimal taxation, nevertheless we must bear in mind about receiving some special permits provided by Russian officials like Russian Gost (Certificator). Practice evidently shows that many new business person’s do not remember about this essential factor what is for sure a large disadvantage. The norm called Gost R (more about gost r) is related to many field like industry or services so before our final decision about launching we should think about it.


Generally the amount of new businesses in Russia is still growing.




This fact plainly reveals the level of business enterprise attraction of that area. Nevertheless starting a new business, also in Russia is very complicated task that we must deal with with.

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