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Doing Business in Russia: A Guide for International Business

University01 November 2025

On October 31, 2025, the Higher School of Management and Technology (HSMT) completed the training program for an international group of students under the unique advanced training course, "Doing Business in Russia."

The program united 78 active representatives of small and medium-sized businesses from eight countries in the near and far abroad, including India, Vietnam, Uzbekistan, Kazakhstan, as well as the Republic of the Congo, the Republic of Nigeria, and the Republic of Zambia.

Key Focus: Practice and Regulation

The training was structured around practical knowledge essential for successful operation in the Russian market. Participants thoroughly studied:

  • Peculiarities of Russian tax and labor legislation.

  • Mechanisms for cross-border payments and customs procedures.

  • Issues related to investment, import/export, and "turnkey" business organization.

The online webinars were particularly successful. Program participants gained a unique opportunity to learn firsthand about the subtleties of regulatory frameworks and applied practices in various fields, a point highlighted in numerous positive reviews.

Internships and Continued Cooperation

During the final meeting, the Vice-Rector for Advanced Professional Education, Elena Aleksandrovna Didenko, thanked the participants for their active involvement and announced plans for further development of partnership business relations.

The key announcement was the launch of internship programs in Russia, specifically designed for foreign students focused on establishing and scaling a business in the country. The HSMT leadership confirmed its intention to continue cooperation and maintain contact with the graduates for the future development of business partnerships.

The "Doing Business in Russia" program proved its high relevance and effectiveness, receiving a large number of positive reviews and wishes for further cooperation from its graduates.

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