Types of Business Entity - Russia

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")

Read more about this topic:  Types Of Business Entity

Famous quotes containing the word russia:

    Today’s difference between Russia and the United States is that in Russia everybody takes everybody else for a spy, and in the United States everybody takes everybody else for a criminal.
    Friedrich Dürrenmatt (1921–1990)

    ... from Russia I didn’t bring out a single happy memory, only sad, tragic ones. The nightmare of pogroms, the brutality of Cossacks charging young Socialists, fear, shrieks of terror ...
    Golda Meir (1898–1978)

    ... gathering news in Russia was like mining coal with a hatpin.
    Mary Heaton Vorse (1874–1966)