Legal Question in Business Law in Russian Federation

Re: Entry Capital needs

In Russia, there are three forms of incorporation - open stock company, closed stock company and company of limited liability and, therefore, there entry capital accordingly. As of today, in order to establish an open stock company you have to have $US 3.378,38; a closed stock company and a company of limited liability - $US 337,84. (Art. 26, Federal Law �On stock Companies�, N 208-FZ; Art. 14, Federal Law �On Companies of Limited Liability�, N 14-FZ)