And other legal entities // In the Russian Federation, for the first time in six years, the number of established companies is growing

Experts from the Higher School of Economics recorded an increase in economic activity in Russia – for the first time in six years, an increase in the number of created legal entities was noted while a decrease in the number of liquidated companies. However, the trend has not been reversed – in total, so far, noticeably more companies are being closed than are being created. This is partly due to the fact that the liquidation of companies in recent years has been accompanied by a flow of legal entities into the category of individual entrepreneurs and self-employed – business prefers to switch to alternative regimes in the face of economic uncertainty, first due to covid restrictions, and then sanctions in connection with the military operation of the Russian Federation in Ukraine . .

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