Russia Celebrates Day of the Entrepreneur

by Jean Biri

Russia’s businessmen have now been given their own national day in honor of their fledgling profession. The Day of the Entrepreneur was recognized for the first time on Monday, marking 20 years since the law on cooperatives.

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In 2005, then President Vladimir Putin declared that anyone who opened a business deserved a medal for bravery.

“I’m not talking about taxation now; we know that efforts are being made to simplify the system. But registering a company is impossible,” he added. These problems [complex start-up procedures] remain.

 

 

 

 

 

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