Open bank account of your foreign company 

in Russia 

Нажимая на кнопку, вы даете согласие на обработку персональных данных

Main steps for account opening of a non-resident company in banks on the territory of the Russian Federation

Non-resident companies and private persons have the right to open bank accounts in any currency in Russian banks and do international transactions without limitation. 

Getting pre-approval from the bank

Before you start preparing for opening of an account, the best first  step is to get a preliminary approval that the bank is ready to accept your business and the company's payment structure complies with the bank’s compliance requirements.

Registration with the tax authority and obtaining a TIN certificate (INN)

In accordance with article 86 of the Tax Code of the Russian Federation, banks on the territory of the Russian Federation open bank accounts for non-resident companies only upon presentation of a certificate of registration with the tax authority.

​Preparation and submission of documents to the bank

Preparation of constituent documents and bank forms. The main details: an extract from the company's register should be issued no longer than 90 days, all company documents must be translated into Russian, and the translation is notarized, the signature card must be signed at the bank.

The list of banks that we consider as the most reliable

Nevertheless, there are many smaller, but still large and reliable banks in Russia that provide flexible and convenient service. Also, there are many specialized banks in Russia that perform international tasks.


Russian financial conglomerate, the largest transnational and universal bank of Russia, Central and Eastern Europe. It is controlled by the Central Bank of the Russian Federation, which owns 50% of the share capital plus one voting share. The bank is among top 30 banks in the world.

VTB Bank

Universal commercial bank with state participation (60.9% owned by the state). The second largest bank of the country and the first by the size of the authorized capital.

The Bank is one of the three largest banks in Russia in all major indicators and ranks third in the list of banks in Central and Eastern Europe in terms of equity. Gazprombank participates in banks located in Republic of Belarus, Switzerland and Luxembourg.

Russian Agricultural Bank

One of the largest banks in Russia. A universal commercial bank that provides all types of banking services and occupies a leading position in financing the agro-industrial complex of Russia. 100% of the voting shares of the Bank belong to the Russian Federation represented by the Federal Agency for State Property Management.

PSB Bank, Russia

Recognized by the Central Bank of Russia as one of 11 systemically important financial institutions it has been chosen as the serving bank for the implementation of the state defense orders and for the maintenance of major government contracts. The bank provides a full range of services to retail and corporate clients, small and medium businesses.

Alfa Bank Russia

The Alfa-Bank banking group maintains its position as the largest Russian private bank in terms of aggregate capital, loan portfolio and customer deposits. In addition, Alfa-Bank is included in the list of the top 10 systemically important credit institutions, which was published by the Central Bank of the Russian Federation in the second half of 2015. The bank has more than 24 thousand employees.

MKB Bank Russia

Credit Bank of Moscow

Bank is included in the CBR`s list of systemically important banks. The Bank was ranked as a top-2 privately-owned bank by total assets in INTERFAX-100 as at 1 April 2019.The Bank is currently rated ‘Ba3’ with a stable outlook by Moody’s; ‘BB‘ with a stable outlook by Fitch; ‘ВВ-‘ with a stable outlook by S&P; ‘А (RU)‘ with a stable outlook by ACRA; ‘ru A‘ with a stable outlook by Expert RA. The Bank was founded in 1992.

Unicredit Bank

It is the largest Russian bank with foreign participation. 100% of the voting shares belong to the UniCredit Group (UniCredit S.p.A.). UniCredit is and will remain a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise: 26 million customers.



The bank has been working in Russia since 1996 and is one of the most reliable Russian banks, which creates financial solutions for private and corporate clients, residents and non-residents of the Russian Federation. Raiffeisen Bank Group calls itself the largest banking group in Austria in terms of assets, and The Banker magazine included it in the second hundred of the largest banks in the world. Raiffeisen owns subsidiary banks in 16 Eastern European countries.

Otkritie Bank

It is recognized by the Central Bank of Russia as a systemically important financial institution.  The principal shareholder of Otkritie Bank is the Central Bank of the Russian Federation with 99.99% interest in the share capital. Otkritie Bank operates through around 700 offices in 260 cities located in 73 regions of the Russian Federation.Solid financial stability of the Bank is proved by credit ratings assigned by domestic agencies ACRA («АА-(RU)») and RAEX («ruAA-»), as well as international rating agency Moody’s («Ba2»).


Rosbank is one of the largest banks in Russia. It is consistently developing the universal business model, offers a variety of banking services via the wide network of branches and remote channels. As part of the international financial group Societe Generale, Rosbank has an efficient banking platform and an access to the most advanced banking technologies. Rosbank has been granted with the highest ratings by the national credit agencies ACRA and Expert RA; the ratings of Fitch and Moody’s international agencies are also high. These advantages give us unique opportunities for development.


Sovcombank has grown in 17 years from a small bank with a capital of 2 million rubles with the only branch in the village of Buoy (a town 100 kilometers from Kostroma with a population of 24 thousand) to the 4th largest and one of the most profitable privately-owned banks in the country with a capital of 133 billion rubles. The Bank currently has 15 thousand employees in 2.4 thousand offices in 1034 towns across the country.

Bank Saint Petersburg

Bank Saint Petersburg is the largest privately-owned universal bank in Northwest Russia. Bank Saint Petersburg is the 15th largest bank by assets and the 15th largest by retail deposits among Russian banks. Today, the Bank provides services to 2 215 000 individuals and 50 000 corporates, including major companies located in St. Petersburg. As of October 1, 2019, the Bank’s customer service network comprises 63 offices and 808 ATMs.

Evrofinance Mosnarbank

One of the top-priority activities of Evrofinance Mosnarbank is expanding the scope of banking services in the commercially promising regions of Russia. Also the bank serves international client in Latin America region. But, recently the bank has fallen under US sanctions and it's capabilities in terms of EUR and USD payments are very limited now. However, there are other options to this in Russia.

Are there any tax liabilities for a foreign company that becomes tax-registered in Russia and opens a current account with a Russian bank?

A general rule is that a foreign company does not have tax liabilities in the Russian Federation (including the filing of tax reports) if such a foreign company does not have immovable and movable property in the Russian Federation, does not carry out (and does not plan to carry out) commercial activities in the territory of the Russian Federation, does not have a representative office/branch/or other permanent establishment in the Russian Federation.

But each case may be different and in such country as Russia you must make sure that you have professional people helping with legal/tax/accounting issues.

The price for legal support in account opening 

Refers to non-resident companies of the Russian Federation. 

Each case is different and the final price will be given on case by case basis

Account opening service

from 950 €

one-time payment

  • obtaining preliminary approval from the bank;
  • interaction on the preparation of documents in the desired form and composition;
  • preparation of bank forms;
  • escorting a client to a bank for a meeting and signing a signature card;
  • full consulting support in all aspects of doing business in Russia.

Obtaining the INN

from 950 €

one-time payment

  • verification of documents for filing;
  • preparation of a power of attorney for filing documents with the tax authority and obtaining a TIN;
  • coordination of high-quality translation of documents;
  • submission of documents to the tax office;
  • obtaining a tax certificate TIN in the tax service.

Translation services

20 €

per one page

  • translation by a first-class translator whose translation is guaranteed by a notary;
  • editing and proofreading of translation;
  • delivery of original documents to the notary; 
  • we take documents from a notary and provide them to the bank.

Please answer a few questions that will help us understand your business better and open an account in a faster way

Please, indicate what country your company is registered

Please, indicate the countries with which your company does business

Please, describe in detail what your company does

Enter your phone number

Нажимая на кнопку, вы даете согласие на обработку персональных данных

Enter your email address

Нажимая на кнопку, вы даете согласие на обработку персональных данных

Отправка формы
Подтвердите, что вы не робот
или нажмите Enter

+7 (499) 110-80-55

Russia, Moscow, Cosmonaut Volkov street - 20, office 520.