Reasons behind company closures in Russia 2022

Published by Statista Research Department, Jan 18, 2023
Approximately 63 percent of companies in Russia in 2022 closed due to the presence of false information, such as signs of fictitious activity, a large number of organizations registered at the same address, or a failure to notify the tax authorities with correct information within a specified timeframe. A fifth of companies was removed from the register as inactive legal entities.

Reasons for closure among companies in Russia in 2022

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Sources

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Release date

January 2023

Region

Russia

Survey time period

2022

Supplementary notes

* The source defines false information as fictitious activity, a suspicious number of organizations registered at the same address, and a failure to notify the Federal Tax Service with updated information within six months.

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