Equity ownership

A very common misconception is 'a foreigner can't own equity in Russian Company. There are specific limitations for some industries and types of business, however, they have nothing to do with 99% of regular business activity. Much of Russian economy is owned by off-shore entities. Foreign nationals do not need specific permissions to own a business in Russia. Work permits or visas are not required to own equity. Companies may be owned by foreign individuals or companies or both.