Create a Business for Repair of Motor Vehicles in Russia
Create a Business for Repair of Motor Vehicles in RussiaUpdated on Saturday 15th December 2018
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Foreign entrepreneurs who want to open companies in Russia have several choices if they want to operate in the automotive industry. One of the most prolific types of businesses in this sector is that of offering repair and maintenance of motor vehicles.
Local and foreign investors can open businesses for the repair and maintenance of motor vehicles in Russia. Guidance on the aspects related to registering the company can be offered by our law firm in Russia.
Requirements for starting an automotive repair business in Russia
Foreign entrepreneurs can set up companies for offering repair and maintenance services for motor vehicles without any restrictions in Russia. They, however, need to comply with the following requirements imposed by the Commercial Code in Russia which implies:
- - choosing and registering a legal form for the company – a limited liability company is often recommended;
- - complying with the capital requirements, depending on the type of company chosen;
- - having a legal address and opening a corporate bank account for the business;
- - applying for a tax registration number and registering for VAT with the tax authorities.
Our lawyers in Russia can help foreigners in registering the company for repair and maintenance of motor vehicles.
Licenses for motor vehicle repair businesses in Russia
There are no special requirements related to the licensing of motor vehicle repair and maintenance businesses, however, the owners must pay attention to a few details such as having the qualifications for offering the necessary services in accordance with the road safety regulations imposed by the Transport Law in Russia. Also, the company must ensure the appropriate space for offering such services.
Services offered by auto repair companies in Russia
Among the services offered by motor vehicles repair and maintenance companies in Russia, we remind the following:
- - repair and maintenance for personal cars and motorbikes;
- - repair and maintenance for public transportation vehicles and taxis;
- - repair and maintenance services for truck companies;
- - repair and maintenance services for other types of vehicles.
For assistance in setting up a company for offering repair and maintenance services for motor vehicles, please contact our Russian lawyers.