Executive summary

Russia's State Register of Accredited Branches and Representative Offices is an official Russian database that records and tracks all active foreign company branches and offices operating in Russia. Compared to early 2022, before Russia's full-scale invasion of Ukraine, the register is a quarter smaller, and the countries behind it have changed. China has replaced Cyprus as the most represented country; Kyrgyzstan's presence has grown almost sixfold; and Western companies have nearly stopped arriving. Since the start of 2023, only two German companies and no American ones have been accredited.

At a glance

  • Western companies have closed a majority of the offices they had in January 2022: Germany 60%, UK 65%, US 57%, Italy 48%, Sweden 88%.
  • Other countries expanded their footprint: China +103%, Kyrgyzstan +479%, Belarus +75%, Hong Kong +30%, the UAE +25%, Kazakhstan +22%, Turkey +15%.
  • The newcomers are not all staying: 26% have already been terminated. Vietnam has lost 86% of its new offices.

We analysed the October 28, 2026 extract of the Russian Federal Tax Service's РАФП, the State Register of Accredited Branches and Representative Offices of Foreign Legal Entities. It records each office's foreign parent, home country, and accreditation and termination dates, which lets us reconstruct the register as it stood on January 27, 2022, four weeks before Russia's invasion of Ukraine.

1. The map of foreign presence has been redrawn

Active offices by home country of the foreign parent, Jan 2022 → Oct 2026 Accredited branches and representative offices active on 27 Jan 2022 (grey) and 28 Oct 2026 (blue = grew, red = shrank) Jan 2022Oct 2026, grewOct 2026, shrank 0 100 200 300 400 500 600 China: 301 → 612 (+103%)China301 → 612 +103% Kyrgyzstan: 19 → 110 (+479%)Kyrgyzstan19 → 110 +479% Belarus: 110 → 193 (+75%)Belarus110 → 193 +75% Hong Kong: 100 → 130 (+30%)Hong Kong100 → 130 +30% Kazakhstan: 88 → 107 (+22%)Kazakhstan88 → 107 +22% Turkey: 123 → 141 (+15%)Turkey123 → 141 +15% UAE: 65 → 81 (+25%)UAE65 → 81 +25% India: 87 → 92 (+6%)India87 → 92 +6% Vietnam: 119 → 100 (-16%)Vietnam119 → 100 −16% South Korea: 98 → 65 (-34%)South Korea98 → 65 −34% Japan: 124 → 84 (-32%)Japan124 → 84 −32% Austria: 92 → 47 (-49%)Austria92 → 47 −49% France: 118 → 51 (-57%)France118 → 51 −57% Czechia: 96 → 28 (-71%)Czechia96 → 28 −71% Italy: 165 → 90 (-45%)Italy165 → 90 −45% Netherlands: 163 → 64 (-61%)Netherlands163 → 64 −61% Switzerland: 179 → 71 (-60%)Switzerland179 → 71 −60% United States: 195 → 84 (-57%)United States195 → 84 −57% United Kingdom: 255 → 88 (-65%)United Kingdom255 → 88 −65% Germany: 398 → 165 (-59%)Germany398 → 165 −59% Cyprus: 521 → 217 (-58%)Cyprus521 → 217 −58% Source: Lazlo Intelligence analysis of the Russian Federal Tax Service РАФП register (extract of 28 Oct 2026).
Active offices by home country Accredited branches and representative offices of foreign parents in Russia, Jan 2022 → Oct 2026 Jan 2022Oct 2026, grewshrank 0 200 400 600 China: 301 → 612 (+103%)China+103% Kyrgyzstan: 19 → 110 (+479%)Kyrgyzstan+479% Belarus: 110 → 193 (+75%)Belarus+75% Hong Kong: 100 → 130 (+30%)Hong Kong+30% Kazakhstan: 88 → 107 (+22%)Kazakhstan+22% Turkey: 123 → 141 (+15%)Turkey+15% UAE: 65 → 81 (+25%)UAE+25% India: 87 → 92 (+6%)India+6% Vietnam: 119 → 100 (−16%)Vietnam−16% South Korea: 98 → 65 (−34%)South Korea−34% Japan: 124 → 84 (−32%)Japan−32% Austria: 92 → 47 (−49%)Austria−49% France: 118 → 51 (−57%)France−57% Czechia: 96 → 28 (−71%)Czechia−71% Italy: 165 → 90 (−45%)Italy−45% Netherlands: 163 → 64 (−61%)Netherlands−61% Switzerland: 179 → 71 (−60%)Switzerland−60% United States: 195 → 84 (−57%)United States−57% United Kingdom: 255 → 88 (−65%)United Kingdom−65% Germany: 398 → 165 (−59%)Germany−59% Cyprus: 521 → 217 (−58%)Cyprus−58% Source: Lazlo Intelligence analysis of the Russian Federal Tax Service РАФП register (extract of 28 Oct 2026).
Figure 1: Active accredited branches and representative offices of foreign companies in Russia by home country of the parent, January 27, 2022 vs October 28, 2026; countries with at least 60 offices at either date, sorted by net change. Source: Lazlo Intelligence analysis of the РАФП register.

In January 2022, Cyprus led the register, followed by Germany, China, the UK and the US. Today, China leads with 612 offices, almost three times Cyprus's 217, and Belarus is third. Every Western jurisdiction shrank, most by more than half. But "non-Western" is not a monolith, as Vietnam, South Korea, and Japan also lost ground, and India barely grew.

2. Who left?

Closures per year, before and after February 2022 Offices closed per year by decision of the foreign parent: 2016–2021 average vs 27 Jan 2022 – 28 Oct 2026 2016–2021 average since 2022, per year 0 25 50 75 Cyprus: 27 closures a year in 2016–21, 63 a year since 2022Cyprus27 → 63 Germany: 26 closures a year in 2016–21, 47 a year since 2022Germany26 → 47 United Kingdom: 17 closures a year in 2016–21, 30 a year since 2022United Kingdom17 → 30 United States: 10 closures a year in 2016–21, 21 a year since 2022United States10 → 21 Switzerland: 14 closures a year in 2016–21, 21 a year since 2022Switzerland14 → 21 Netherlands: 13 closures a year in 2016–21, 21 a year since 2022Netherlands13 → 21 Italy: 8 closures a year in 2016–21, 16 a year since 2022Italy8 → 16 France: 8 closures a year in 2016–21, 14 a year since 2022France8 → 14 Czechia: 7 closures a year in 2016–21, 12 a year since 2022Czechia7 → 12 Austria: 5 closures a year in 2016–21, 9 a year since 2022Austria5 → 9 Japan: 7 closures a year in 2016–21, 8 a year since 2022Japan7 → 8 Finland: 5 closures a year in 2016–21, 7 a year since 2022Finland5 → 7 South Korea: 5 closures a year in 2016–21, 6 a year since 2022South Korea5 → 6 Sweden: 3 closures a year in 2016–21, 4 a year since 2022Sweden3 → 4 Source: Lazlo Intelligence analysis of the Russian Federal Tax Service РАФП register (extract of 28 Oct 2026).
Closures per year, before and after February 2022 Offices closed per year by decision of the foreign parent: 2016–2021 average vs 27 Jan 2022 – 28 Oct 2026 2016–2021 averagesince 2022, per year 0 25 50 75 Cyprus: 27 closures a year in 2016–21, 63 a year since 2022Cyprus27 → 63 Germany: 26 closures a year in 2016–21, 47 a year since 2022Germany26 → 47 United Kingdom: 17 closures a year in 2016–21, 30 a year since 2022United Kingdom17 → 30 United States: 10 closures a year in 2016–21, 21 a year since 2022United States10 → 21 Switzerland: 14 closures a year in 2016–21, 21 a year since 2022Switzerland14 → 21 Netherlands: 13 closures a year in 2016–21, 21 a year since 2022Netherlands13 → 21 Italy: 8 closures a year in 2016–21, 16 a year since 2022Italy8 → 16 France: 8 closures a year in 2016–21, 14 a year since 2022France8 → 14 Czechia: 7 closures a year in 2016–21, 12 a year since 2022Czechia7 → 12 Austria: 5 closures a year in 2016–21, 9 a year since 2022Austria5 → 9 Japan: 7 closures a year in 2016–21, 8 a year since 2022Japan7 → 8 Finland: 5 closures a year in 2016–21, 7 a year since 2022Finland5 → 7 South Korea: 5 closures a year in 2016–21, 6 a year since 2022South Korea5 → 6 Sweden: 3 closures a year in 2016–21, 4 a year since 2022Sweden3 → 4 Source: Lazlo Intelligence analysis of the Russian Federal Tax Service РАФП register (extract of 28 Oct 2026).
Figure 2: Average closures per year by decision of the foreign parent, by home country, 2016–2021 versus January 27, 2022 – October 28, 2026 (4.76 years). Includes re-domiciliations; excludes terminations ordered by the tax authority. Source: Lazlo Intelligence analysis of the РАФП register.

Western companies were already closing offices before the war. Since the invasion, they have closed them 1.5 to 2 times as fast. December 2022 alone saw 199 terminations, the most in the register's history.

Cyprus: almost a third of the "exits" are re-domiciliations

Cyprus lost 326 offices, more than any other country. For 95 of them (29%) the register records the reason as the parent's re-domiciliation, meaning that a company legally moves its place of incorporation from one country to another without necessarily changing its ownership, assets, or operations. We matched these parents by name against Russia's register of small and medium-sized businesses and found 12 that reappear as Russian "international companies," the legal form for holdings that move to the special administrative regions in Kaliningrad (8) and Vladivostok (4). Only small and medium-sized companies appear in that register, so the true number may be higher. This suggests that many Cyprus-registered companies were essentially Russian and have officially moved back to Russia following the outbreak of the war in Ukraine.

3. Who replaced them?

New accreditations per year, before and after February 2022 Average new accreditations per year by home country: 2016–2021 vs 27 Jan 2022 – 28 Oct 2026 (all entries, incl. those since ended) 2016–2021 average since 2022, per year 0 25 50 75 100 China: 28 new accreditations a year in 2016–21, 99 a year since 2022China28 → 99 Belarus: 17 new accreditations a year in 2016–21, 28 a year since 2022Belarus17 → 28 Kyrgyzstan: 3 new accreditations a year in 2016–21, 27 a year since 2022Kyrgyzstan3 → 27 Hong Kong: 9 new accreditations a year in 2016–21, 19 a year since 2022Hong Kong9 → 19 Turkey: 14 new accreditations a year in 2016–21, 18 a year since 2022Turkey14 → 18 Kazakhstan: 17 new accreditations a year in 2016–21, 16 a year since 2022Kazakhstan17 → 16 Vietnam: 11 new accreditations a year in 2016–21, 15 a year since 2022Vietnam11 → 15 UAE: 7 new accreditations a year in 2016–21, 10 a year since 2022UAE7 → 10 Cyprus: 41 new accreditations a year in 2016–21, 7 a year since 2022Cyprus41 → 7 Germany: 23 new accreditations a year in 2016–21, 2 a year since 2022Germany23 → 2 Switzerland: 14 new accreditations a year in 2016–21, 1 a year since 2022Switzerland14 → 1 Italy: 13 new accreditations a year in 2016–21, 1 a year since 2022Italy13 → 1 United States: 10 new accreditations a year in 2016–21, 1 a year since 2022United States10 → 1 United Kingdom: 14 new accreditations a year in 2016–21, 0 a year since 2022United Kingdom14 → 0 Source: Lazlo Intelligence analysis of the Russian Federal Tax Service РАФП register (extract of 28 Oct 2026).
New accreditations per year, before and after February 2022 Average new accreditations per year: 2016–2021 vs 27 Jan 2022 – 28 Oct 2026 (incl. offices since ended) 2016–2021 averagesince 2022, per year 0 25 50 75 100 China: 28 new accreditations a year in 2016–21, 99 a year since 2022China28 → 99 Belarus: 17 new accreditations a year in 2016–21, 28 a year since 2022Belarus17 → 28 Kyrgyzstan: 3 new accreditations a year in 2016–21, 27 a year since 2022Kyrgyzstan3 → 27 Hong Kong: 9 new accreditations a year in 2016–21, 19 a year since 2022Hong Kong9 → 19 Turkey: 14 new accreditations a year in 2016–21, 18 a year since 2022Turkey14 → 18 Kazakhstan: 17 new accreditations a year in 2016–21, 16 a year since 2022Kazakhstan17 → 16 Vietnam: 11 new accreditations a year in 2016–21, 15 a year since 2022Vietnam11 → 15 UAE: 7 new accreditations a year in 2016–21, 10 a year since 2022UAE7 → 10 Cyprus: 41 new accreditations a year in 2016–21, 7 a year since 2022Cyprus41 → 7 Germany: 23 new accreditations a year in 2016–21, 2 a year since 2022Germany23 → 2 Switzerland: 14 new accreditations a year in 2016–21, 1 a year since 2022Switzerland14 → 1 Italy: 13 new accreditations a year in 2016–21, 1 a year since 2022Italy13 → 1 United States: 10 new accreditations a year in 2016–21, 1 a year since 2022United States10 → 1 United Kingdom: 14 new accreditations a year in 2016–21, 0 a year since 2022United Kingdom14 → 0 Source: Lazlo Intelligence analysis of the Russian Federal Tax Service РАФП register (extract of 28 Oct 2026).
Figure 3: Average new accreditations per year by home country of the parent, 2016–2021 versus January 27, 2022 – October 28, 2026 (4.76 years). Counts include offices that have since been terminated. Source: Lazlo Intelligence analysis of the РАФП register.

Among the 1,363 accreditations since January 2022, 97% went to companies never before on the register.

China accounts for 471 of them, averaging 99 per year compared to 28 before the war. Most are representative offices under a default market-research code, so the register says little about what they do. Kyrgyzstan went from three a year to 27, many registered for wholesale trade. Belarus and Turkey also send builders and engineers: the largest new offices by declared foreign staff are construction and energy contractors. Kazakhstan, often described as a gateway to Russia, enters at the same rate as before the war.

4. Not every newcomer stays

Post-2022 accreditations that have already ended Share of offices accredited after 27 Jan 2022 that were terminated by 28 Oct 2026 (countries with 30+ entries) 0% 25% 50% 75% 100% Vietnam: 62 of 72Vietnam86% 62 of 72 Cyprus: 11 of 33Cyprus33% 11 of 33 Hong Kong: 28 of 90Hong Kong31% 28 of 90 Turkey: 25 of 87Turkey29% 25 of 87 Kazakhstan: 23 of 78Kazakhstan29% 23 of 78 India: 7 of 31India23% 7 of 31 Kyrgyzstan: 30 of 130Kyrgyzstan23% 30 of 130 China: 86 of 471China18% 86 of 471 UAE: 8 of 47UAE17% 8 of 47 Belarus: 15 of 133Belarus11% 15 of 133 All countries: 356 of 1,363All countries26% 356 of 1,363 Source: Lazlo Intelligence analysis of the Russian Federal Tax Service РАФП register (extract of 28 Oct 2026).
Post-2022 accreditations that have already ended Share of offices accredited after 27 Jan 2022 that were terminated by 28 Oct 2026 (countries with 30+ entries) 0% 25% 50% 75% 100% Vietnam: 62 of 72Vietnam86% 62 of 72 Cyprus: 11 of 33Cyprus33% 11 of 33 Hong Kong: 28 of 90Hong Kong31% 28 of 90 Turkey: 25 of 87Turkey29% 25 of 87 Kazakhstan: 23 of 78Kazakhstan29% 23 of 78 India: 7 of 31India23% 7 of 31 Kyrgyzstan: 30 of 130Kyrgyzstan23% 30 of 130 China: 86 of 471China18% 86 of 471 UAE: 8 of 47UAE17% 8 of 47 Belarus: 15 of 133Belarus11% 15 of 133 All countries: 356 of 1,363All countries26% 356 of 1,363 Source: Lazlo Intelligence analysis of the Russian Federal Tax Service РАФП register (extract of 28 Oct 2026).
Figure 4: Share of offices accredited after January 27, 2022 that had been terminated by October 28, 2026, for home countries with at least 30 new accreditations. Source: Lazlo Intelligence analysis of the РАФП register.

A quarter of the offices accredited since January 2022 have already been terminated, after a median of 601 days. Vietnam is the extreme case. 39 Vietnamese companies were accredited in early 2023, often on the same days, and 38 were terminated in same-day batches in October 2025 and February 2026, almost all by the tax authority.

Share of terminations ordered by the tax authority Terminations by decision of the accrediting body (not the foreign parent), % of all terminations per year 0% 20% 40% 60% 2016: 58% of terminations by the tax authority 58% 2016 2017: 68% of terminations by the tax authority 68% 2017 2018: 37% of terminations by the tax authority 37% 2018 2019: 32% of terminations by the tax authority 32% 2019 2020: 8% of terminations by the tax authority 8% 2020 2021: 10% of terminations by the tax authority 10% 2021 2022: 5% of terminations by the tax authority 5% 2022 2023: 6% of terminations by the tax authority 6% 2023 2024: 8% of terminations by the tax authority 8% 2024 2025: 38% of terminations by the tax authority 38% 2025 2026: 54% of terminations by the tax authority 54% 2026* pruning returns * 2026 to 28 October. Source: Lazlo Intelligence analysis of the Russian Federal Tax Service РАФП register (extract of 28 Oct 2026).
Share of terminations ordered by the tax authority Terminations by decision of the accrediting body (not the foreign parent), % of all terminations per year 0% 20% 40% 60% 2016: 58% of terminations by the tax authority58%’16 2017: 68% of terminations by the tax authority68%’17 2018: 37% of terminations by the tax authority37%’18 2019: 32% of terminations by the tax authority32%’19 2020: 8% of terminations by the tax authority8%’20 2021: 10% of terminations by the tax authority10%’21 2022: 5% of terminations by the tax authority5%’22 2023: 6% of terminations by the tax authority6%’23 2024: 8% of terminations by the tax authority8%’24 2025: 38% of terminations by the tax authority38%’25 2026: 54% of terminations by the tax authority54%’26* * 2026 to 28 October. Source: Lazlo Intelligence analysis of the Russian Federal Tax Service РАФП register (extract of 28 Oct 2026).
Figure 5: Share of terminations made by decision of the accrediting body rather than the foreign parent, per year. 2026 runs to October 28. Source: Lazlo Intelligence analysis of the РАФП register.

Between 2020 and 2024 the tax authority ordered 5–8% of terminations, while in 2025 it was 38%, and in 2026 the percentage so far has been 54%, falling mostly on post-2022 arrivals. Meanwhile, the inflow has dried up, as there have been 119 new offices registered from January to October 2026, against 398 in the same months of 2025. This illustrates that the register is shrinking again.

Sanctioned, then accredited

Penglai Jutal Offshore Engineering Heavy Industries built liquefaction modules for Novatek's Arctic LNG 2. OFAC designated it on June 12, 2024. Five months later, Russia accredited its branch. The branch closed on April 22, 2026, by decision of the company itself, according to the register.

On November 2, 2024, a Chinese manufacturer from Zhongshan opened a representative office. The registration number it gave is the same identifier OFAC lists for Star Rapid Manufacturing, designated on January 15, 2025. According to Russian customs records reported by the Kyiv Independent, Star Rapid is named among the suppliers of the importers that source components for ZALA Aero, a Russian drone maker. The office closed on December 3, 2025, also by the company's own decision.

In both cases the register gives no further reason.

5. Inside Russia: where the offices are

Moscow: 3,620 → 2,553 active offices St Petersburg: 250 → 167 active offices Vladivostok: 92 → 95 active offices Irkutsk: 36 → 46 active offices Smolensk: 12 → 33 active offices Krasnodar: 32 → 31 active offices Sakhalin: 44 → 23 active offices Kazan: 29 → 21 active offices Blagoveshchensk: 18 → 20 active offices Yekaterinburg: 20 → 20 active offices Novosibirsk: 14 → 16 active offices Kaliningrad: 14 → 15 active offices Krasnoyarsk: 11 → 15 active offices Rostov: 18 → 14 active offices Samara: 16 → 14 active offices Chelyabinsk: 13 → 13 active offices Yamal: 15 → 10 active offices Stavropol: 12 → 10 active offices Khabarovsk: 12 → 9 active offices Tyumen: 10 → 9 active offices Kaluga: 12 → 8 active offices Bryansk: 8 → 8 active offices Lipetsk: 5 → 8 active offices Murmansk: 8 → 7 active offices Chita: 2 → 7 active offices Orenburg: 6 → 7 active offices Perm: 11 → 7 active offices Nizhny Novgorod: 10 → 7 active offices Belgorod: 6 → 6 active offices Vologda: 8 → 6 active offices Tula: 6 → 5 active offices Omsk: 5 → 5 active offices Khanty-Mansiysk: 6 → 4 active offices Kemerovo: 5 → 3 active offices Volgograd: 5 → 3 active offices Komi: 5 → 3 active offices Moscow 2,553 −1,067 St Petersburg 167 −83 Smolensk 33 +21 Kaliningrad 15 +1 Krasnodar 31 −1 Kazan 21 −8 Yekaterinburg 20 ±0 Novosibirsk 16 +2 Krasnoyarsk 15 +4 Irkutsk 46 +10 Chita 7 +5 Blagoveshchensk 20 +2 Khabarovsk 9 −3 Vladivostok 95 +3 Sakhalin 23 −21 Yamal 10 −5 Where foreign companies keep their offices in Russia Active accredited branches and representative offices by region, 28 Oct 2026, with change since 27 Jan 2022 grewshranksize in Jan 2022 10 100 1,000 Bubble area = active offices. Moscow incl. Moscow oblast; St Petersburg incl. Leningrad oblast. Offices registered in occupied Crimea (28) not shown.
Moscow: 3,620 → 2,553 active offices St Petersburg: 250 → 167 active offices Vladivostok: 92 → 95 active offices Irkutsk: 36 → 46 active offices Smolensk: 12 → 33 active offices Krasnodar: 32 → 31 active offices Sakhalin: 44 → 23 active offices Kazan: 29 → 21 active offices Blagoveshchensk: 18 → 20 active offices Yekaterinburg: 20 → 20 active offices Novosibirsk: 14 → 16 active offices Kaliningrad: 14 → 15 active offices Krasnoyarsk: 11 → 15 active offices Rostov: 18 → 14 active offices Samara: 16 → 14 active offices Chelyabinsk: 13 → 13 active offices Yamal: 15 → 10 active offices Stavropol: 12 → 10 active offices Khabarovsk: 12 → 9 active offices Tyumen: 10 → 9 active offices Kaluga: 12 → 8 active offices Bryansk: 8 → 8 active offices Lipetsk: 5 → 8 active offices Murmansk: 8 → 7 active offices Chita: 2 → 7 active offices Orenburg: 6 → 7 active offices Perm: 11 → 7 active offices Nizhny Novgorod: 10 → 7 active offices Belgorod: 6 → 6 active offices Vologda: 8 → 6 active offices Tula: 6 → 5 active offices Omsk: 5 → 5 active offices Khanty-Mansiysk: 6 → 4 active offices Kemerovo: 5 → 3 active offices Volgograd: 5 → 3 active offices Komi: 5 → 3 active offices Moscow 2,553 −1,067 St Petersburg 167 −83 Vladivostok 95 +3 Irkutsk 46 +10 Sakhalin 23 −21 Where foreign companies keep their offices Active offices by region, 28 Oct 2026, change since 27 Jan 2022 grewshrankJan 2022 10 100 1,000 Bubble area = active offices. Moscow incl. Moscow oblast;St Petersburg incl. Leningrad oblast. Crimea (28) not shown.
Figure 6: Active accredited branches and representative offices by Russian region on October 28, 2026; dashed rings show January 27, 2022. Regions with at least five offices at either date. Source: Lazlo Intelligence analysis of the РАФП register; country outlines: Natural Earth.

The Moscow region still hosts three quarters of all offices, but it lost 1,067 of them since the war began. The growth is on the routes to China and Belarus: Primorye and Irkutsk in the east, and Smolensk on the road to Minsk, which nearly tripled. Within Moscow, a few business centres are focal points for new entries. One address, for example, hosts 25 active offices, 23 of them new, with parents from Bermuda to the UAE.

What it means for you

The register is a good starting point for understanding which foreign companies are potentially exposed to sanctioned Russian networks. Once you have a company to look for, this is where Lazlo Intelligence comes in. Every company in this article can be looked up in our dashboard, with its names in Latin and Cyrillic, along with its connections and the sanctions lists and registries it appears in. Can't find a company? A DeepSearch scans the web in multiple languages, extracts the company's relationships and adds every checked finding to the knowledge graph.

Start exploring now!

Source: Russian Federal Tax Service, State Register of Accredited Branches and Representative Offices of Foreign Legal Entities (РАФП), open-data set 7707329152-rafp, extract of October 28, 2026. The January 27, 2022 state is reconstructed from accreditation and termination dates in the same extract.