Approximately half of the companies closed in Russia in 2024 were removed from the register due to unreliable information. This included signs of fictitious activity, several organizations registered at the same address, or a failure to notify the tax authorities with correct information within a specified timeframe. Further 23 percent of companies were closed as inactive legal entities.
Reasons for closure among companies in Russia in 2024
Characteristic
Share of closed companies
Unreliable information*
49.7%
Inactive legal entities
22.9%
Liquidation without bankruptcy
12.8%
Complete lack of funds
11.7%
Liquidation with bankruptcy
2.8%
0%10%20%30%40%50%60%
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*The source defines unreliable 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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Finexpertiza. (January 16, 2025). Reasons for closure among companies in Russia in 2024 [Graph]. In Statista. Retrieved May 13, 2025, from https://www.statista.com/statistics/1322728/reasons-for-company-closures-russia/
Finexpertiza. "Reasons for closure among companies in Russia in 2024." Chart. January 16, 2025. Statista. Accessed May 13, 2025. https://www.statista.com/statistics/1322728/reasons-for-company-closures-russia/
Finexpertiza. (2025). Reasons for closure among companies in Russia in 2024. Statista. Statista Inc.. Accessed: May 13, 2025. https://www.statista.com/statistics/1322728/reasons-for-company-closures-russia/
Finexpertiza. "Reasons for Closure among Companies in Russia in 2024." Statista, Statista Inc., 16 Jan 2025, https://www.statista.com/statistics/1322728/reasons-for-company-closures-russia/
Finexpertiza, Reasons for closure among companies in Russia in 2024 Statista, https://www.statista.com/statistics/1322728/reasons-for-company-closures-russia/ (last visited May 13, 2025)
Reasons for closure among companies in Russia in 2024 [Graph], Finexpertiza, January 16, 2025. [Online]. Available: https://www.statista.com/statistics/1322728/reasons-for-company-closures-russia/
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