Doing business and investing in the Russian Federation 2013

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The 2013 edition of the guide Doing Business and Investing in the Russian Federation has been released and is available for distribution. The guide is designed to assist companies and individuals in evaluating the prospects for operating and investing in a business in Russia. It provides business people with practical, concise and up-to-date information on how to do business in Russia and offers valuable insight into the Russian economy and business climate, its tax, legal and accounting system, as well as labour relations and other important issues.

The 2013 edition presents new possibilities for foreign companies and investors bearing in mind that Russia is the largest country in the world and its economy offers an array of attractive new opportunities. Despite a slight moderation in economic growth, Russia still outperformed most developed countries in 2012. According to the Russian Federal State Statistics Agency (Rosstat), the country’s GDP grew 3.4% in 2012. Furthermore, the Ministry of Economic Development forecasts 3.6% growth for 2013. In addition to these indicators, PwC's 16th Annual Global CEO Survey reveals that 66% of Russian CEOs are very confident about the prospects for revenue growth in the next 12 months compared to just 36% globally.