Types of business entity in Russia

There are three types of business entity in Russia: private limited company (Russian: общество с ограниченной ответственностью, lit. 'partnership with limited liability', abbreviated OOO), joint-stock companies (Russian: акционерное общество, lit. 'joint-stock partnership', abbreviated АО; in English as JSC), which may either be public (PJSC) or non-public (NJSC), and partnerships (Russian: товарищество, romanized: tovarishchestvo, lit. 'company'). All three are juridical persons (Russian: юр.лицо, lit. 'juridical persona') == Private limited companies == Limited Liability Company (OOO), Russian: Общество с ограниченной ответственностью are by far the most popular type of legal entity in Russia.

Source: Wikipedia — Types of business entity in Russia (CC BY-SA 4.0)

Types of business entity in Russia

There are three types of business entity in Russia: private limited company (Russian: общество с ограниченной ответственностью, lit. 'partnership with limited liability', abbreviated OOO), joint-stock companies (Russian: акционерное общество, lit. 'joint-stock partnership', abbreviated АО; in English as JSC), which may either be public (PJSC) or non-public (NJSC), and partnerships (Russian: товарищество, romanized: tovarishchestvo, lit. 'company'). All three are juridical persons (Russian: юр.лицо, lit. 'juridical persona') == Private limited companies == Limited Liability Company (OOO), Russian: Общество с ограниченной ответственностью are by far the most popular type of legal entity in Russia.

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Source: Wikipedia "Types of business entity in Russia" · CC BY-SA 4.0

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