Doing Business in the United Kingdom VS Russia – A Comparison
Investors evaluating starting a business in the United Kingdom versus Russia often face a sharp contrast in terms of business transparency, global connectivity, and political climate. Russia’s resource-rich economy has long appealed to heavy industries and energy sectors, while 3E Accounting highlights the UK’s reliability, legal clarity, and faster digital incorporation. This comparison outlines the differences that matter most to business owners and foreign investors.
Russia: Incorporation in Russia requires notarised documents, registration with tax authorities, and a physical presence, making it more time-consuming and compliance-heavy.
Cost of Living and Business Operations
The United Kingdom: Operating costs vary by region, and flexible company setup options allow for cost control across different business types.
Russia: Russia offers lower labor and office costs, but international sanctions increase the cost of doing cross-border business and limit operational agility.
Access to Markets
The United Kingdom: The UK has robust logistics, strong trade agreements, and active government business finance support schemes to help businesses grow globally.
Russia: Russia’s market is largely domestic due to sanctions. Limited global partnerships reduce access for export-focused companies.
Quick Comparison Overview
Here’s a quick overview of the key differences for easy reference.
Factor
United Kingdom
Russia
Business Environment
Transparent, stable, globally respected
High risk, political and legal uncertainty
Corporate Tax Rate
25%
20%
Capital Gains Tax
Yes
Yes
Ease of Incorporation
Fully digital, 1–2 days
Manual process, complex documentation
Business Costs
Moderate to high, manageable via regional hubs
Low labor costs, but high international transaction risks
Market Access
Global, via FTAs and financial hubs
Restricted due to sanctions
Benefits of Choosing 3E Accounting
When it comes to starting a business in the United Kingdom, navigating the legal and administrative processes can be complex without the right support. That’s where 3E Accounting comes in. As a trusted partner for company incorporation, we provide tailored solutions for entrepreneurs and investors looking to establish a strong business presence. Whether you need help with company registration or expert guidance on setting up businesses in the UK, our experienced team ensures a smooth and efficient process.
Yes. The UK offers a fast, digital setup process. Russia requires physical presence, notarisation, and more regulatory steps. See this guide on starting a business in the United Kingdom.
Company registration in the UK is online and takes 1–2 days. Russia’s process is paper-based and takes longer due to legal formalities.
Contact 3E Accounting to begin your UK company registration with full guidance and support.
Abigail Yu
Author
Abigail Yu oversees executive leadership at 3E Accounting Group, leading operations, IT solutions, public relations, and digital marketing to drive business success. She holds an honors degree in Communication and New Media from the National University of Singapore and is highly skilled in crisis management, financial communication, and corporate communications.