Closing the Representative Office in Russia

List of documents required to close the Representative Office in Russia:
  • decision of a foreign legal entity to close the Representative Office
  • extract from the state (commercial) register of the foreign legal entity
  • the power of attorney for the Liquidator (or for director of the branch ) for the right to take actions to close the representative office
List of actions necessary to close the Representative Office:
  • dismissal and settlements with the Representative Office staff
  • sale of the property or its transfer to the parent company
  • closing of bank accounts of the branch
  • reconciling settlements with the Federal Tax Service, Pension Fund, Social Insurance Fund, Health Insurance Fund
  • removal from the registration in Pension Fund, Social Insurance Fund, Health Insurance Fund and Chamber of Commerce and Industry
  • Removal from the registration in the Federal Tax Service of the Russian Federation
Time required to close the Representative Office
  • The full term for closing the Representative Office of a foreign company can be from 2 to 3 months without taking into account actions related to the sale of property, dismissal of personnel, reconciling settlements of taxes and fees.
Cost of services
  • The cost of EuroSkill services on the closure of the Representative Office is from 4,500 Euro.
  • Notarial expenses and translation of documents into Russian - from 400 Euro.
Additional services
  • providing services of liquidator
  • keeping the accounting records of the branch until closing
  • inventorying of the Representative Office property before closing

Contacts
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