If you are considering the prospect of expanding and developing your business in Russia then you are not alone and there are a great number of people who are considering doing this due to a variety of reasons. Over the past 15 years or so the Russian economy has really opened up following a long period where it was virtually closed off to foreign investment however the Russian government has helped make conditions far more favorable to investors by cutting taxes and also making immigration and visa’s much easier to obtain.
Russia itself enjoys billions of dollars every year in foreign investment and this does not look like slowing pace in the near future as money continues to flow into the country. Whereas Greece and Italy have fell by the wayside economically speaking, Russia has managed to keep on its feet after the recession and worldwide economic gloom and its projected economic status is one of growth so it is fairly easy to see how attractive it can be for investors and those wishing to expand here.
Russian law, even though it is generally favourable to business, can be difficult to navigate and you should get the help of a legal professional. The law can be very complex and unhelpful in terms of its ambiguity however a Russian attorney can be of great assistance in ensuring that you get off on the right track with your Russian business venture. In fact, they can play a major role in the negotiation of deals as well as providing sound advice on a whole range of different topics. The fact is that a legal professional in Russia can be a major player in deciding how successful your business is going to be in the country and is well worth the expense of hiring one.