When doing business with Russia or if starting up a business in the country, it is preferable to get assistance from a lawyer. Any person willing to run a business in Russia should register their rights to local authorities. The specific agency to register brands and patents in Russia is called Rospatent.

When considering the options for doing business in Russia, with a fully staffed office or through a joint venture with a Russian company, it is generally preferable to use local resources that have knowledge of the language, bureaucracy, political system, culture and customs.

Many Russian banks went under in 1998 when the government defaulted on £22 billion in bonds and therefore finding a good bank create difficulties. Moreover, if playing on the Russian arena doing business with domestic companies, companies should carefully check their creditworthiness.