OBS_VALUE: Pursuant the art. 21 of the law On Foreign Investments in the Russian Federation, in order to open a branch or a representative office, a foreign legal entity has to obtain an accreditation. The application for the accreditation shall include information on its executive body/advisory board, the number of foreign citizens who will become employees of the branch and founding documents of foreign legal entity containing the decision to create the branch/representative office.The impact of the number of foreign employees on receiving the accreditation is unknown. The accreditation can be refused if a court decision confirms that the activity of the branch or representative office constitutes, amongst others, a threat to national interests of the Russian Federation. The administrative fee for submitting the application is 120 000 RUB.