Russia
Further information: Types of business entity in Russia- Nekommercheskaya organizatsiya/некоммерческая организация: non-profit organization (there are many types of non-profits in Russia, the type depends on the ownership of the assets (Non-state pension fund/Негосударственный пенсионный фонд, for example))
- GP/ГП, GUP/ГУП (Gosudarstvennoye unitarnoye predpriyatie/Государственное унитарное предприятие): state (unitary) enterprise
- IP/ИП (Individualny predprinimatel/Индивидуальный предприниматель): sole proprietorship
- OOO (Obshchestvo s ogranichennoy otvetstvennostyu/Общество с ограниченной ответственностью): ≈ LLC (UK)/
- OAO (Otkrytoye aktsionernoye obshchestvo/Открытое акционерное общество): ≈ plc (UK), publicly traded shares (similar to a corporation in the US)
- kooperativ/кооператив : cooperative (many types, which differ by the type of activity, e.g. agricultural, production, etc.)
- ZAO/ЗАО (Zakrytoe aktsionernoye obshchestvo/Закрытое акционерное общество): ≈ ltd (UK), privately held shares (similar to a close corporation, or closely held corporation, in the US) (maximum 50 "owners of capital" (not shareholders). If there are more 50 "owners of capital", they have a year to transform into a "OAO")
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Famous quotes containing the word russia:
“In Russia there is an emigration of intelligence: émigrés cross the frontier in order to read and to write good books. But in doing so they contribute to making their fatherland, abandoned by spirit, into the gaping jaws of Asia that would like to swallow our little Europe.”
—Friedrich Nietzsche (1844–1900)
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