The Trade Register in Russia is actually known as the State Registration Chamber. This institution falls under the regulations of the Ministry of Justice in Russia.
The Russian Trade Register or State Registration Chamber deals with company registration in Russia. This procedure is mandatory for both Russian and foreign companies that are set up on the Russian territory. In some cases, an accreditation might be needed for starting the commercial activity. The State Registration Chamber in Russia actually has three headquarters.
The Administration and General Services Department manages the administrative issues of the Russian State Registration Chamber. The second sector is called the Organization and Supervision Department and it deals with personnel support in all matters regarding labour supervision and social security for employees of the Chamber.
This department is also responsible for registration and safekeeping of documents that are received at the State Registration Chamber. As far as the third sector is concerned, the Accreditation and Visa Support Department needs to take care of accepting and releasing necessary documents for company registration in Russia. It also deals with the visas for foreign employees who come to work in Russia.
The Trade Register in Russia is responsible for company registration in Russia, which can be done either in person, at the office, by a company’s shareholder or a legal representative appointed by power of attorney or through internet. Sending and receiving information on registration can be carried on via e-mail. The Russian State Registration Chamber must issue a certificate of registration in the Composite State Register within two or three weeks after application.
However, a fee can be paid in order for the procedure to be treated as an emergency and the certificate of registration in Russia to be issued in three to five days after application. All changes brought to the company must be at first reviewed by a judge who issues an approval and then the information is registered in the Russian State Registration Chamber.
The Russian Trade Register is not accessible to the public, but the State Registration Chamber in Russia is obliged under the law to issue requested copies of documents and provide details on the papers in the database.