Doing Business in Russia

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Baker McKenzie provides sophisticated legal advice to the world’s most dynamic global enterprises, and has done so for more than 70 years.

With a network of more than 6,000 locally qualified, internationally experienced fee earners in 78 offices across 46 countries, we have the knowledge and resources to deliver the broad scope of quality services required to respond effectively to both international and local needs — consistently, with confidence and with sensitivity to cultural, social and legal differences.

Active first in the USSR and then in the Commonwealth of Independent States for over 30 years, with offices in Almaty, Kyiv, Moscow, and St. Petersburg we now have one of the largest legal practices in the region, offering expertise (in close cooperation with our offices worldwide) on all aspects of investment in the region including corporate law, banking and finance, securities and capital markets, venture capital, competition law, tax and customs, real estate and construction, labor and migration, intellectual property, and dispute resolution.

The first western law firm to be registered with the then Soviet authorities, our Moscow office was opened in 1989, followed by the opening of our St. Petersburg office in 1992.

Since the dissolution of the Soviet Union in 1991, the Russian Federation has adopted new legislation at a rapid pace. It remains a country in transition and its legal system in continued development. Doing Business in Russia has been prepared as a general guide for companies operating in or considering investment in Russia. It is intended to present an overview of the key aspects of the legal system and regulation of business activities in this country.

This book reflects information as of the beginning of 2020. The exchange rate of United States dollar to the Russian ruble (hereinafter - “RUB”) is 80 RUB to 1 USD as of the date of this guide.

We will be happy to provide you with updates on the material contained in this guide, or to provide you with further information regarding a specific industry or area of Russian law in which you may have a particular interest.

Baker & McKenzie – CIS, Limited
March 2020

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