Our services
How SU and Company helps
For Russian companies we act as the Indian firm of Chartered Accountants from the first board decision onwards.
- Entity and FDI route advice
- Incorporation of the subsidiary, or branch, liaison or project office approvals
- FEMA and RBI reporting for every inflow and outflow
- Accounting, tax, GST and transfer pricing
- Payroll and expatriate tax
- Company secretarial and annual filings
Questions
Entity Choice: what is different for Russian companies?
A Russian company can use the automatic route for a subsidiary in most sectors. Bank of Russia approval is reported to be needed for investments above RUB 30 million per counterparty.
Incorporation: what is different for Russian companies?
The Indian bank account is usually the slowest step because of enhanced due diligence; prepare the ownership chart and source of funds early. India is 2.5 hours ahead of Moscow.
Documents: what is different for Russian companies?
Russia and India are both apostille countries. Russian documents need certified English translation, with names transliterated exactly as in passports.
Resident Director: what is different for Russian companies?
An India-based director simplifies bank onboarding for Russian-owned companies.
Set-up Cost: what is different for Russian companies?
Translation and enhanced bank due diligence add cost and time.
Timeline: what is different for Russian companies?
Bank onboarding often extends the timeline beyond the usual two to three months.
Funding & FEMA: what is different for Russian companies?
Choose a remitting bank the Indian bank will accept, since many Russian banks are sanctioned or cut off from SWIFT.
Share Valuation: what is different for Russian companies?
Source-of-funds evidence is needed for every inflow alongside the valuation.
Tax Treaty: what is different for Russian companies?
The India–Russia treaty applies 10% to dividends, interest, royalties and technical fees; building or installation projects over 12 months create a PE.
Repatriating Profits: what is different for Russian companies?
Check the payment route before declaring a dividend, since outward remittances face the same bank screening.
Transfer Pricing: what is different for Russian companies?
Engineering and supply-chain charges to Russia draw bank and tax questions; keep the evidence ready.
PE Risk: what is different for Russian companies?
Long installation projects are the main PE risk under the 12-month threshold.
Parent Obligations: what is different for Russian companies?
Currency control notifications, Bank of Russia approvals above thresholds and Russian CFC rules.
Compliance Calendar: what is different for Russian companies?
Re-screen owners and counterparties against sanctions lists regularly, alongside the usual Indian dates.
Hiring: what is different for Russian companies?
Russian employment terms do not carry over to Indian contracts.
Secondees: what is different for Russian companies?
There is no social security agreement, so Russian staff fall under international worker provident fund rules.
Relocating Staff: what is different for Russian companies?
Russian nationals do not need land-border security clearance; employment visas follow the usual salary floor.
Data Protection: what is different for Russian companies?
Russian law requires initial storage of Russian citizens' data in Russia and notice before cross-border transfers.
Contracts & Disputes: what is different for Russian companies?
Russian judgments need a fresh suit in India, and Russian sanctions-related jurisdiction rules affect the choice of seat.
Trade & Sectors: what is different for Russian companies?
No trade agreement is in force; dual-use and financing restrictions can block supplies even where Indian law allows them.
Capability Centres: what is different for Russian companies?
Russian groups rarely build capability centres in India; trading and project offices are more common.
Exit: what is different for Russian companies?
Sale proceeds must reach Russia through an accepted payment channel; plan it before signing.
General information as at 5 November 2026, not advice for a particular case. Indian and Russian rules change often; confirm the current position before acting. Russian law points should be confirmed with a Russian adviser.