Invest and doing business in Russia with B1 group

A full range of professional services, covering assurance, tax and accounting, law, strategy, transactions and consulting 

Formerly known as Ernst and Young (EY) Russia*

B1 Group (formerly known as Ernst and Young (EY) Russia*) prepared this guidance to give the potential Chinese investor an insight into Russia and its economy and tax system, provide an overview of forms of business and accounting rules and answer questions that frequently arise for foreign businesses.

B1 Group is a group of companies offering a full range of professional services, covering assurance, tax, law, strategy, transactions and consulting. 

In over 30 years in Russia and 20 years in Belarus, we have assembled a strong team of professionals with broad expertise and a wealth of experience in delivering challenging projects.

Our practice in Russia consists of 10 offices staffed more than 3000 specialists.

B1 Group is based in 10 cities: Moscow, Minsk, Ekaterinburg, Kazan,

Krasnodar, Novosibirsk, Rostov-on-Don, St. Petersburg, Togliatti and Vladivostok. 

We help Chinese and other international companies to find new solutions, grow, transform and operate their business as well as strengthen their financial and human capital in Russia. 

Historical background

EY Russia was the first international professional services firm to establish operations in Russia in 1989. Before restructuring of business in Russia to B1 Group we have offered a full range of professional services to international companies operating in this market. The EY Russia practice announces that it has re-branded as B1. EY Russia referred to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. The combined worldwide revenue of Ernst and Young (EY), reached a record 40 billion U.S. dollars in 2021.

B1 will assist you to analyze perspective Russian industries and total available market, develop a successful market-entry strategy and financial and business model, and take over all non-core business functions, so you can focus on your business growth.

Our team support goes beyond just assisting you with legal and tax compliance and reporting requirements.

•We aim to become a trusted advisor who will support your business growth in Russia.

•We understand the needs of all stakeholders: Russian authorities, your local team and your HQ organization.

•We will make the complex Russian compliance environment easy for you to understand and follow.

•We will also bring important matters to your attention and provide B1 expertise in all areas relevant to your operations in Russia.

We provide a one-stop shop for the whole range of services for starting your business in Russia.

We serve more than 100 Chinese customers in Russia. We are proud to count among our customers both large international enterprises (members of world's top 500 companies and the leading enterprises in China's industry) as well as a fast growing medium-sized businesses from China.

Over 3000 experts in 10 offices across Russia is ready to take care of all your supporting business functions, so the you can focus on establishing a strong presence in the region.

Our сore industries:

•FMCG (electronic industry, mobile phones, digital devices, E-commerce, etc.)

•IT and telecommunications

•Automobile and auto components

•Advanced Manufacturing

•Construction and engineering

•Oil & Gas

•Chemical and Energy sector

•Mining & Metals

•Financial industry (banks, funds)