The charter capital of an open joint stock company may not be less than 1,000 times the Russian statutory monthly minimum wage (the monthly minimum wage used for the purposes of calculating the minimum charter capital of the JSC is currently 100 rubles) – minimum 100 000 RUB.
A closed joint stock company must have a minimum charter capital equivalent to at least 100 times the minimum monthly wage - minimum 10 000 RUB.
In contrast to LLC founders, the founders of a JSC must pay 50% of the JSC charter capital within three months following its state registration, with the balance payable in full within the first year.
Source: Doing business in Russia by Baker & McKenzie
