Doing Business with Russia: A Guide to Investment Opportunities & Business Practice (Global Market Briefings)

This Fourth Edition Of Doing Business With Russia Provides Authoritative And Comprehensive Coverage Of The Climate For Foreign Investment, Including The Legal Structure And Corporate Governance Issues, An Examination Of Banking, Finance, Accountancy And Taxation Issues, And Profiles Of Key Industry And Business Sectors. While Some Political Analysts Have Been Critical Of President Putin Since The 2004 Election, Economists And Business People Remain Extremely Optimistic. For The Sixth Successive Year The Russian Economy Has Enjoyed Sustained Economic Growth.contributors Include: Allen & Overy, Antanta Capital Group, Baker & Mckenzie, Branan, Cms Cameron Mckenna, Deloitte & Touche, Goltsblat & Partners, Raiffeisen Bank, And Standard & Poor's Book Cover......Page 1 Title......Page 2 Copyright......Page 3 Contents......Page 4 Foreword......Page 7 List of Contributors......Page 9 Map 1:Russia and its Neighbours......Page 19 Map 2:Russia and its Regions......Page 20 Map 3:Moscow and its Boundaries......Page 21 Introduction......Page 22 Part One Background to the Market......Page 33 1.1 Developments in the Political Environmen......Page 34 1.2 An Overview of the Russian Economy: Money Matters......Page 42 1.3 The Legal Regime and Regulatory Environment for International Busines......Page 61 1.4 Latest Developments in the Foreign Investment Climate......Page 69 1.5 The Russian Investment Climate......Page 73 1.6 Russian Country Risk: Clouding Future Prospects for Russian Corporates......Page 86 Part Two The Financial Secto......Page 98 2.1 The Russian Banking System: An Overvie......Page 99 2.2 Retail Banking......Page 109 2.3 Twelve Years of the Russian Insolvency Regime......Page 112 2.4 The Issuance and Regulation of Securitie......Page 121 2.5 Currency regulation......Page 125 2.6 Corporate Governance Development in Russi......Page 129 Part Three Market Potential......Page 137 3.1 Russian Oil and Gas......Page 138 3.2 The Business Climate in the Russian Oil and Gas Sector......Page 144 3.3 The Oil and Gas Industry: The Regulatory Environment and Legal Infrastructure......Page 152 3.4 Investing in a Reforming Electric Utilities Industry......Page 157 3.5 Russian Energy Sector Policy......Page 165 3.6 The Telecommunications Market......Page 175 3.7 Telecommunications: The Regulatory Framework......Page 193 3.8 The Russian IT Market......Page 197 3.9 The Automotive Industry......Page 203 3.10 The Pharmaceuticals Market......Page 209 3.11 Investing in Russian Pharmaceuticals:Crisis or Renaissance?......Page 219 3.12 The Development ofRetail......Page 227 3.13 The Brewing Industry......Page 234 Part Four Getting Established: The Taxation and Legal Environment......Page 244 4.1 Business Structures......Page 245 4.2 Establishing A Presence......Page 253 4.3 Russian Business Entities......Page 259 4.4 Business Taxation......Page 269 4.5 Russian Taxation......Page 278 4.6 Auditing and Accounting......Page 293 4.7 New Russian Customs Legislation......Page 303 Part Five Business Development: Operating an Enterpris......Page 309 5.1 The Property Regime in Russia......Page 310 5.2 Land Relations in the Russian Federation......Page 316 5.3 Intellectual Property and E-commerce......Page 321 5.4 Arbitration and Dispute Resolution......Page 331 5.5 Employment Law and Work Permits for Expatriates......Page 338 5.6 An Investment Project in Russia:Applicable Laws......Page 344 5.7 Entrepreneurial Start-ups......Page 353 5.8 Property Rights......Page 360 5.9 Competition Law......Page 371 Appendices......Page 378 Appendix 1 Learning from the Russian Experience: Regional Debt Defaults and Recovery 1998-2003......Page 379 Appendix 2 Placing Investment Projects within the Context of National Significance......Page 392 Appendix 3 Useful Business-Related Websites......Page 397 Appendix 4 Contributor Contact Details......Page 400 Index......Page 405 Index of Advertisers......Page 417

russia's Gdp Has Expanded For 5 Consecutive Years With Growth Estimated At 6.6% In 2003.president Putin's Leadership Has Brought The Promise Of A Period Of Stable Growth And Improving Relations With The West. Inward Investment And Global Trade Are Increasing, And Businesses Throughout The Developed World Are Again Considering Russia As A Trading Partner. This New Edition Provides An Authoritative Appraisal Of The New Economic And Investment Climate, An Update On Market Potential In The Key Sectors, And Unique Best Practice Advice On Investing In Or Trading With Russia.

"Now in its 4th edition, Doing Business with Russia is the most authoritative guide available to trade and investment opportunities, the structural, legal and market changes underway in the country and the mechanics of business engagement there." --Book Jacket "Doing Business with Russia is an invaluable guide to business practice and trading opportunities and provides up-to-the minute information regarding market potential and all aspects of carrying out business in and with Russia."--Jacket.