Export - Import Russia Forms of business entities

Forms of business entities
Currently, the following forms of commercial legal entities (for-profit) may be incorporated in Russia:

• Full partnerships;
• Limited partnerships (“kommandit” partnerships);
• Limited liability companies;
• Additional liability companies;
• Production cooperatives;
• Joint-stock companies (open and closed);
• Unitary enterprises (state-owned legal entities not open to foreign investors).

 

Of the above, only the joint-stock company resembles a corporation, but the limited partnership and the limited and additional liability companies also limit the liabilities of investors, as described below.