People sometimes want to register in other jurisdictions for reasons such as:
- (1) minimum director requirements;
- (2) favorable corporate taxes;
- (3) employer or corporate incentives for hiring locally, among others.
The article Russian Federation: Company Formation In Russia describes the various corporate vehicles available in Russia, including a Russian joint stock company, a Russian limited liability company and a non-Russian company with a wholly-owned Russian operating subsidiary. The article discusses the difference between these companies, and the method in which to incorporate them.
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