Grants.gov - Home Starting a Business in Russian Federation Open the company bank account; certify and register the owner's signature Banks require business registration and may require documents related to the founder's history and its financial status. Requirements in terms of client acceptance procedure vary depending on the bank. The bank finally provides the entrepreneur with a confirmation letter that contains details about the bank account. The entrepreneur needs this information to inform the Federal Tax Service about the opening of a bank account through the required notification. Bank also may request additional documents that are not defined in the list above. 1) List of necessary documents for opening bank account defined in Instructions of the Bank of Russia N 28-I dated 14.09.2006. 2) Actual term of opening bank account depends on quantity of founders, country of their incorporation, quantity of documents that were submitted in bank in order to open bank account.
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