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 on 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 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.
The price for legal support in account opening
Refers to non-resident companies of the Russian Federation
Account opening service
from 1950 €
Obtaining the INN
from 950 €
per one page