The information below sets out some key insights into the Russian e-commerce environment, giving you an indication of the potential this market could offer your business.
Your potential, our know-how.
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Click on an area of interest below to find out more about some of the key considerations to take into account when entering a new market.
MEETING YOUR REGULATORY RESPONSIBILITIES
Value Added Tax for goods sold into Russia can range from 10-18%; understanding the correct rate to charge is a minefield. Diverse implications also arise from the decision whether or not to set up a legal entity in Russia. These range from profit margin considerations to your liability under Russian law.
REACHING AND ENGAGING YOUR CONSUMERS
With 88% of the population only speaking Russian and a consumer desire to chat before making an online purchase, localising for the Russian market is key…
RECEIVING PAYMENT FROM YOUR CUSTOMER
Over 90% of consumers pay cash on delivery, but other electronic payment methods are rapidly gaining a foothold. Offering a variety of payment methods will greatly improve your chances of success…
GETTING THE GOODS TO YOUR CUSTOMER
With a total surface area of over 17,075,000 km2 spanning 11 time zones and two continents, Russia is a force to be reckoned with. Having local partners on the ground is an absolute must…