Russian Government suggests that documents for establishment of a company shall be filed to tax authorities for registration by notaries. The innovation will make establishment faster and easier. If the Government’s suggestion will pass, the documents for establishment of a Russian company will be formalized and on the same day filed to authorities by the notary. If a company is founded by several founders, the notary who has notarized the signature of the last founder will file the documents to authority. The innovation will also apply to registration of individual businessmen but will not apply to banks and other companies having a special establishment procedure.