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 Corporations
Famous quotes containing the word russia:
“To believe that Russia has got rid of the evils of capitalism takes a special kind of mind. It is the same kind of mind that believes that a Holy Roller has got rid of sin.”
—H.L. (Henry Lewis)
“In my opinion it is harmful to place important things in the hands of philanthropy, which in Russia is marked by a chance character. Nor should important matters depend on leftovers, which are never there. I would prefer that the government treasury take care of it.”
—Anton Pavlovich Chekhov (1860–1904)
“How can I explain the difference to me between America and Russia?... the America I’ve known is a place where men on horseback escort union marchers, the Russia I’ve known is a place where men on horseback slaughter young Socialists and Jews.”
—Golda Meir (1898–1978)