Question

Jointventures Russian enterprises have a right to set up joint ventures on the Russian territory with foreign firms. A joint venture can be created between any number of foreign and Russian enterprises. A joint venture has limited liability. It should be self-supporting and self-financing. Joint venture offer foreign investors direct access to the Russian market, it may be set up in any branch of Russian economy: agriculture, industre, trade, construction, service sector, etc. A foreign participant may repatriate his share of profit abroad. The main features of interest to the Russian participant are: - to satisfy the requirements for the domestic market, - to attract foreign technology and foreign management experience, - to improve the export base of the Russian and reduce irrational imports by means of import substitution. If the parties want to form a partnership a Protocol of Intent is normally signed. A joint venture becomes a juridical person after it has been registered with Ministry of Finance. The foundation documents and the Feasibility Study are the most important documents for the application procedure. A joint venture is a legal person. It is protected under Russian law from any requisition or confiscation by the administrative authorities. It may sue and be sued and may also appeal to Russian and third party courts. A joint venture may be liquidated if its activities are inconsistent with the objects defined by the foundation documents. In case of dissolution, the foreign participant has a right to recover the initial contribution he made to the authorized fund. Нужно найти в тексте производные от следующих слов: to require to invest to manage finance toconfiscate

Answer 1

Российские предприятия имеют право создавать совместные предприятия на территории РФ с иностранными фирмами. Совместное предприятие может быть создано между любым количеством иностранных и российских предприятий.

Совместное предприятие с ограниченной ответственностью. Она должна быть самоокупаемой и самофинансируемой.

Совместное предприятие предложить иностранным инвесторам прямой доступ на российский рынок, она может быть создана в любой отрасли российской экономики: сельское хозяйство, industre, торговля, строительство, сфера услуг и т. д. Иностранный участник может репатриировать свою долю прибыли за рубежом.

Основные характеристики, представляющие интерес для российского участника:

- удовлетворять требованиям для внутреннего рынка,

- привлечь иностранные технологии и опыт зарубежного менеджмента,

- повысить экспортную базу России и сокращения нерациональных импорта путем импортозамещения.

Если стороны хотят, чтобы сформировать партнерства протокол о намерениях обычно подписан.

Совместное предприятие становится юридическим лицом после его регистрации в Министерстве финансов. Учредительные документы и технико-экономическое обоснование наиболее важных документов по процедуре подачи заявки.

Совместное предприятие является юридическим лицом. Он защищен в соответствии с российским законодательством от любых реквизиций или конфискации административными органами. Он может быть истцом и ответчиком, а также могут обратиться к российским и сторонних судов. Совместное предприятие может быть ликвидировано, если его действия противоречат объектов, определенных учредительными документами. В случае расторжения брака иностранный участник имеет право восстановить первоначальный вклад, который он внес в уставный фонд.

Нужно найти в тексте производные от следующих слов:

требовать

инвестировать

для управления

Финансы

Answer 2

Joint Ventures in Russia

A joint venture is a business arrangement where two or more entities, in this case, foreign and Russian enterprises, come together to form a new entity to pursue a specific business objective. In Russia, joint ventures are allowed and can be established in various sectors of the economy, such as agriculture, industry, trade, construction, and the service sector .

Here are some key points about joint ventures in Russia:

1. Formation and Participants: Joint ventures can be created between any number of foreign and Russian enterprises. The main objective is to provide foreign investors with direct access to the Russian market .

2. Limited Liability: Joint ventures in Russia have limited liability, which means that the liability of the participants is limited to the extent of their investment in the venture .

3. Self-Supporting and Self-Financing: Joint ventures are expected to be self-supporting and self-financing, meaning they should generate their own revenue and finance their operations without relying on external sources .

4. Repatriation of Profit: A foreign participant in a joint venture has the right to repatriate their share of the profit abroad .

5. Benefits for Russian Participants: Joint ventures offer several benefits to Russian participants, including satisfying domestic market requirements, attracting foreign technology and management experience, and improving the export base of Russia while reducing irrational imports through import substitution .

6. Partnership Formation: If the parties involved in a joint venture want to form a partnership, they typically sign a Protocol of Intent .

7. Legal Protection: Once registered with the Ministry of Finance, a joint venture becomes a juridical person and is protected under Russian law from requisition or confiscation by administrative authorities. It can sue and be sued and can appeal to Russian and third-party courts .

8. Liquidation: A joint venture may be liquidated if its activities are inconsistent with the objectives defined in its foundation documents. In case of dissolution, the foreign participant has the right to recover their initial contribution to the authorized fund .

To summarize, joint ventures in Russia provide foreign investors with direct access to the Russian market and offer various benefits to Russian participants. They have limited liability, are self-supporting and self-financing, and are protected under Russian law. If you have any further questions, feel free to ask!