Investing in St Petersburg (Global Market Briefings Series)

Book Cover......Page 1
Title......Page 4
Copyright......Page 5
Contents......Page 6
Preface......Page 10
Foreword......Page 12
Doing Business with St Petersburg......Page 14
List of Contributors......Page 18
Acknowledgements......Page 34
Introduction......Page 36
Part One Market Background to Investing in St Petersburg......Page 48
1.1 Local Government of St Petersburg......Page 50
1.2 Economic Policies of the Government of St Petersburg and Emerging Market Opportunities......Page 58
1.3 St Petersburg Government Strategy for Business Development and Attracting Foreign Investment......Page 68
1.4 Foreign Investors and Joint Ventures in St Petersburg......Page 86
1.5 Understanding Russia’s Business Environment with a View to Investing in St Petersburg......Page 102
Part Two Business Development......Page 112
2.1 An Economic and Political Outlook for Russia......Page 114
2.2 The Banking Sector in St Petersburg......Page 120
2.3 The Stock and Fixedincome Market in St Petersburg......Page 132
2.4 Currency Regulation......Page 144
2.5 Brownfield Investments......Page 152
2.6 St Petersburg’s Labour Market......Page 158
Part Three Dynamic Sectors of St Petersburg’s Economy......Page 174
3.1 An Overview of the Real Estate Sector......Page 176
3.2 An Overview of Land Development, Hospitality (Tourism) and the Commercial Real Estate Sector in St Petersburg......Page 184
3.3 Regulation of the Real Estate Market in St Petersburg......Page 200
3.4 Practical Steps and Guidelines for the Acquisition of Residential Property in St Petersburg......Page 210
3.5 St Petersburg Real Estate Sector......Page 220
Manufacturing and Natural Resources......Page 237
3.6 The Market for Engineering Services......Page 238
3.7 The Electrical Energy Sector......Page 250
Services......Page 259
3.8 Development of the Transport System and Road Sector in St Petersburg......Page 260
3.9 Building and Construction......Page 280
3.10 The Retail Sector......Page 288
3.11 The Market for Fixed Telecommunications......Page 296
3.12 The Mobile Telecommunications Market......Page 308
3.13 The IT Sector in Russia and St Petersburg......Page 322
3.14 Sophisticated Communications Services within Different Spheres of St Petersburg’s Economy......Page 334
Company Profiles and Investor Experiences......Page 339
3.15 The Business Experience of Private (Foreign and Domestic) Investors in St Petersburg......Page 340
3.16 PeterStar Company Profile......Page 360
Part Four Commercial Legislation for St Petersburg – The Taxation and Legal Environment......Page 370
4.1 The Regulatory Environment for International Business in the Russian Federation......Page 372
4.2 Corporate Structures......Page 382
4.3 Practical Steps for Establishing a Corporate Presence......Page 390
4.4 Business Taxation......Page 398
4.5 Auditing and Accounting......Page 410
4.6 Let’s Move Production to Russia......Page 418
4.7 Intellectual Property......Page 426
4.8 Arbitration and Dispute Resolution......Page 430
4.9 Employment Law and Work Permits for Expatriates......Page 440
Part Five Appendices......Page 448
Appendix I Service Companies......Page 450
Appendix II Useful Web Site Links and Web Site Reviews for St Petersburg......Page 456
Appendix III Contributor Contact Details......Page 458