Opening Russian bank account for foreign companies

LowLands Accounting Services provides support for opening a Russian bank account for foreign companies that are not registered in Russia.

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Russian bank account of a foreign company will allow for receiving and sending money through a local account in Russia. In order to open a Russian bank account, foreign companies have to register with the Russian tax authority and obtain a Russian tax ID (INN / ИНН in Russian).

Which companies is Opening a Russian bank account service for?

Our service is suitable for companies that are not registered in the territory of the Russian Federation while having business operations in Russia.

Our experts will help you with choosing a reliable bank based on our working practice and prepare all necessary documents for registering at the local tax authorities and for the bank.

What is included in our Opening a Russian bank account service?

Consulting on the required documents and information;

Support with the documents translation into Russian.

Advising on suitable bank options;

Compiling and reviewing the documents the documents required for bank account opening;

Obtaining Russian tax ID (ИНН);

Preparation of necessary powers of attorney;

Additional services

Please contact us directly to receive a personalised commercial offer and price quotation for our support.

Cost of a Russian bank account opening service

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Why choose LowLands Accounting Services as your reliable partner?

We speak English

Our professional English-speaking colleagues are ready to help you

Full support

From registering entity in Russia to outsourcing of local accounting and payroll

Accounting and more

Take advantage of legal, logistics, recruitment services via our trusted partners

Internationally oriented

We helped >1000 foreign companies in Russia

Advantages of working with us

Understanding

You receive reporting solutions that deliver information in your preffered formats while being compliant with all Russian accounting standards and keeping a full reconciliation between both reporting standards

Flexibility

Broad knowledge base

As your Russian business moves through different growth stages, support needs change over time. We're ready to go along with you and support as needed, not limiting ourselves to just the static terms of our agreement

Our consultants provide support in many different day-to-day operations for clients in different industries. We are always ready to share our experience and act pro-actively, offering you support beyond just an accounting solution