Running a restaurant
can be a challenging, yet attractive activity. Carried out under a good management, this type of business can yield positive financial results in a relative short period of time, considering that the consumer market is interested in the services provided by catering units
. Businessmen who want to set up a restaurant in Russia
should know that they have to be represented by a legal entity. At the same time, they will need to acquire special business permits, which are specific to this industry. Our team of Russian company formation representatives
can offer an in-depth presentation on the main steps required to register a restaurant in Russia
Restaurant industry in Russia
Those who want to open a company for performing activities related to a restaurant
should know the current trends of the industry. An important aspect of the restaurant industry
is that the consumers have become more interested in casual restaurants
, providing quality services at moderate prices
Between 2014 and 2015, the Russian restaurants registered an increase in the field of foodservices chains, which developed by 29% in value and by 16% in the total number.
At the moment, Russian market is drawn by the American fast food restaurants, but at a national level, 82% of the total catering units are represented by independent establishments.
The local and foreign investors are very interested in establishing franchising contracts
in this field, as half of the chain-restaurants
are represented in Russia
by a franchise (out of the total number of 14,773 restaurants, 7,058 are set up as franchises); our team of Russian company formation agents
can offer more details on this matter.
Register a restaurant in Russia
In order to open a restaurant in Russia
, the investor will need to establish the legal grounds to represent his or her business. The company will need to be incorporated under a legal entity
The Russian legislation
provides several options in this sense, but most of the entrepreneurs choose to register a limited liability company (LLC)
, as it offers more advantages to the shareholders. Companies set up as LLC
require a minimum share capital of RUB 10,000, out of which 50% must be deposited prior the registration of the company