How to start a small business in Russia | @RussiaBeyond The Headlines

How to start a small business in Russia | Russia Beyond The Headlines:

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In Moscow, one can find bakers from France, a fashion boutique owner from Italy,
and even an architect from Morocco. Source: ITAR-TASS

Before the mid-2000s, people from developed nations had a widespread belief that doing business in Russia was possible only for international corporations, as rumors about its enormous corruption and local ways kept potential entrepreneurs away.
According to data provided by the Federal Tax Service of Russia (FTS), in 2005, less than 15 percent of small businesses registered by foreign citizens did not involve entrepreneurs from CIS countries, who were actively developing the trade market segment at that time.
In large cities and regions today, one can more and more often find services offered by entrepreneurs from almost every corner of the world."

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