The number of enterprisers oriented towards setting up online businesses
is continuously increasing in Russia. For example, e-commerce in Russia rose by 20% in 2016
compared to the previous year. Also, by the end of this year, e-commerce
is expected to have a revenue of 1 trillion rubles, the equivalent of 16 billion euros, compared to the 14 billion euros earned by online retailers last year.
Those who want to set up an e-commerce business in Russia
must comply with certain laws which provide for both the registration of a company, but also to the internet legislation. Our Russian lawyers
can offer information on the laws related to creating an online store
Registering a business for e-commerce activities in Russia
The Commercial Code
is the most important law providing for the opening of a company in Russia
, including an online business
. Foreign enterprisers are also allowed to set up e-commerce companies
in this country and sell goods and services online.
The first step related to opening an online business in Russia
is to register a company with the Companies Registrar
, followed by the registration of a domain name and the creation of a website. This way the e-commerce platform
will be created. Also, having a merchant bank account
which allows for safe transactions is mandatory when starting an online company in Russia
Our law firm in Russia
can assist with the registration of the structure used for the e-commerce company
What are the most sold products by e-commerce platforms in Russia?
are among the most popular goods purchased by Russian citizens
from online stores
. However, those interested in offering other products will find various niches for their e-commerce businesses in Russia
. Among these, online stores
selling traditional clothes or handmade jewels and homemade cosmetics are less popular.
No matter the type of e-commerce platform one wants to set up, it is important to respect the legislation related to the retail licenses, but also the data protection regulations imposed in Russia.
Legislation related to selling goods or services online in Russia
Contrary to other countries, Russia
has a strong legislation governing the establishment of online stores
here. This is a great advantage for foreign investors opening companies in Russia
who know what to expect and what their options are. The main laws providing for the setup of an online shop in Russia
the Audiovisual Services Law which provides for the creation of websites and advertising products in the online environment, among others;
the Consumer Rights Protection Law, which was amended in 2017 with the E-commerce Aggregators Bill which provides for the possibility of online payments upon the purchase of goods;
the Intellectual Property Law
which guarantees the registration and use of domain names required when opening an online store in Russia.
Other Russian laws governing the creation of online shops
are the Commercial Code
and the digital signatures and authentication regulations.
How to create an online shop in Russia
The creation of a Russian online store
implies the registration of a company with the Trade Register, according to the Commercial Law. Our Russian lawyers
can handle this procedure.
Following that, specific requisites related to e-commerce must be fulfilled. Among these are:
If you want to open an e-commerce business
in this country and need assistance, please feel free to contact our Russian law firm
. We can also guide you through the legal requirements online stores
must comply with in this country.