Russian government are highly support the green energy industry, several key initiatives, including the Strategy 2020, Document No. 229, published by Ministry of Economic Development in 2014 and Paper No. 155, the LED products clearly stated in the National or municipal building must occupy a certain proportional coupled with the Russian government comprehensively banned incandescent in 2014, all of which will accelerate the replacement rate of LED products. As part of the regulations, the Russian lighting products cart to the IEC international standards and national standards GOSTR specifications, mainly follow the regulations derived from the international norms, there is no special requirements on the LED product..
For transport channel, in addition to through the general formal orthodox direct access to the Russian market in Russia there are many local consultant to help foreign companies or products for the local distribution in Russia, but it is actually another form of the logistics industry . These consultants usually hold orders sources, assisting Russian companies to find solutions to local channels, as consultant find a solution in a foreign country, then local procurement and transport the product directly back to Russia. So it can be viewed as another form of dealers it is reported that many consultants on the market have Chinese background.
As for the import duties, since 2012 Russia joined the WTO, import tariffs has been declining after September 2015, LED module will enter the zero tariff era, finished tariffs will fall between 12% to 15%.
Cash flow:
Money Flow flowing into the market does not strictly controlled local minimum capital differences is mainly based on the different companies set up.
Given the funds withdrawn from circulation, the Russian government has not the stipulated exchange control clause, that is, as long as the local LED lighting firms gain in Russia, repatriation of funds is not going to meet the amount of control. Although the Russian market is seemingly closed, but in terms of the allocation to departure capital, in fact, the relative is freedom over many other Asian countries.
Based on the above information, the Russian are actually quite friendly in the face of foreign LED lighting companies, there are not much restrictions on the overall policies, regulations, cash flow and logistics, thus providing the foreign LED lighting companies with more enabling business model thus the key to how to stand out in the Russian lighting market is how to promptly find local partners to establish long-term cooperative relations for the LED lighting sales promotion.
For transport channel, in addition to through the general formal orthodox direct access to the Russian market in Russia there are many local consultant to help foreign companies or products for the local distribution in Russia, but it is actually another form of the logistics industry . These consultants usually hold orders sources, assisting Russian companies to find solutions to local channels, as consultant find a solution in a foreign country, then local procurement and transport the product directly back to Russia. So it can be viewed as another form of dealers it is reported that many consultants on the market have Chinese background.
As for the import duties, since 2012 Russia joined the WTO, import tariffs has been declining after September 2015, LED module will enter the zero tariff era, finished tariffs will fall between 12% to 15%.
Cash flow:
Money Flow flowing into the market does not strictly controlled local minimum capital differences is mainly based on the different companies set up.
Given the funds withdrawn from circulation, the Russian government has not the stipulated exchange control clause, that is, as long as the local LED lighting firms gain in Russia, repatriation of funds is not going to meet the amount of control. Although the Russian market is seemingly closed, but in terms of the allocation to departure capital, in fact, the relative is freedom over many other Asian countries.
Based on the above information, the Russian are actually quite friendly in the face of foreign LED lighting companies, there are not much restrictions on the overall policies, regulations, cash flow and logistics, thus providing the foreign LED lighting companies with more enabling business model thus the key to how to stand out in the Russian lighting market is how to promptly find local partners to establish long-term cooperative relations for the LED lighting sales promotion.
