Business registration in St. Petersburg: DIY or hire legal pros — what’s smarter?
July 15, 2010
Re-registration and registration of an LLC or sole proprietorship in St. Petersburg: do it yourself or turn to professionals
Organizing any entrepreneurial activity, whether forming an LLC, an open joint-stock company (OJSC) or a closed joint-stock company (CJSC), requires mandatory registration and calls for a highly professional approach and exceptional legal expertise.
You can try to register your company yourself at your own risk, but it is much wiser and more rational to entrust this difficult task to professionals. Even if you are a talented entrepreneur, you are unlikely to be equally skilled in the legal sphere. So let's avoid small mistakes at the start that will inevitably turn into major problems later, and seek support from an agency of professional lawyers! They have an established and proven system of work and established relationships with government bodies, as well as extensive theoretical and practical experience in resolving the hundreds of issues that inevitably arise during the preparation of registration documents, and they can significantly ease your life.
By turning to specialists in time, you will avoid many problems in the future, because only they will help properly prepare all documents and assume responsibility for their handling. No registration of an LLC (Saint Petersburg, Moscow and other cities), registration of a sole proprietor, and so on can be completed without the participation of a professional lawyer. Highly qualified specialists will make LLC registration in Saint Petersburg a simple process that will not take much of your time or effort.
First you need to choose the legal form of the business. At this stage of organizing your operations it is also advisable to consult professional lawyers; they can advise which form of business organization will be most comfortable and profitable for you: registration as a sole proprietor, an LLC, an OJSC, or registration as a CJSC.
LLC registration (Saint Petersburg and other large cities) is currently the most convenient and sought-after form of establishing a legal entity, which is why LLC registration services are widespread. Creating an LLC requires the least time and monetary expense — probably why most entrepreneurs in Russia have chosen the LLC. It is the most convenient form of organization for small businesses, so LLC registration is most popular in large cities, including Moscow and Saint Petersburg.
Registration as a sole proprietor is necessary to carry out any commercial activity. Individual entrepreneurs are natural persons conducting business without forming a legal entity. Organizing sole proprietor registration has many nuances and requires a high level of professional competence, so here too you cannot do without the services of qualified lawyers.
To submit documents for registration of an LLC, CJSC, OJSC or for sole proprietor registration (Moscow), you can go to a single organization — the Interdistrict Inspectorate of the Federal Tax Service (IFTS) No.46 for the city of Moscow. Moreover, the founder-applicant must be present in person when submitting the application to enter the company in the Unified State Register of Legal Entities (USRLE). In Saint Petersburg, LLC registration is carried out at IFTS No.15.
Since July 1, 2009, LLCs are required to re-register, otherwise their activities may be terminated by court decision as illegal. Re-registration of LLCs is a compelled measure and is carried out when there are changes in the company's constituent documents, but the 2009 re-registration is compulsory, initiated by the state, including to weed out inactive firms and one-day companies. The 2009 LLC re-registration will end on January 1, 2010, so you should hurry if you do not want to lose your company. Again, the choice is limited and, frankly, obvious: the responsibility for re-registration of the LLC will fall on the lawyers (if you timely contact a specialized company) or on you, and then it will be difficult for you — but the choice is always yours. Professionals, as always, will help your company correctly and on time carry out the 2009 re-registration and simply survive, while you will save your nerves and precious time, so necessary for the development, consolidation and successful growth of your business!