If you are a German citizen and posses a valid visa for Russia – this news is for you!
According to the regulation of the Russian Government from 31st of March 2021st the Germany is admitted now on the list of countries whose citizens can enter Russia. The regulation clearly states that German citizens that have a valid Russian visa are free to enter Russia without restrictions.
Moreover, if you still do not hold a valid visa – the question of issuing visas at the current period remains open.
What does this mean for the business environment and process of establishing your business in Russia?
Having in mind respectable business and economical relations between Russia and Germany, many German companies and entrepreneurs are considering establishing their business in Russia. As the whole world was shaken by the pandemic, some of these business plans were postponed due to the uncertain travelling and lack of opportunities to visit Russia for the incorporation process. Now, with this announcement, this should not be an obstacle for those interested to register and establish their company in Russia. More on the entire company incorporation process you can find out at our YouTube video: How to register Limited Liability Company in Russia in 5 steps, that we published a week ago!
However, if you are not in the possession of Russian visa – you can start your company incorporation process remotely as well – and move one step ahead in the process of entering Russian market. How to establish your business remotely we have explained in our blog post: Shelf company – a way of establishing and doing business in Russia remotely.
Source: Deutsch-Russische Auslandshandelskammer
If you want to stay up to date with recent business opportunities or need assistance with company incorporation – get in touch with us!
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