Nekommercheskaya organizatsiya/некоммерческая организация: non-profit organization (there are many types of non-profits in Russia; the type depends on the ownership of the assets (non-state pension fund/Негосударственный пенсионный фонд, for example))
GP/ГП, GUP/ГУП (Gosudarstvennoye unitarnoye predpriyatie/Государственное унитарное предприятие): state (unitary) enterprise
IP/ИП (Individualny predprinimatel/Индивидуальный предприниматель): sole proprietorship
OOO (Obshchestvo s ogranichennoy otvetstvennostyu/Общество с ограниченной ответственностью): LLC (US)
OAO (Otkrytoye aktsionernoye obshchestvo/Открытое акционерное общество): plc (UK), publicly traded shares (similar to a corporation in the US)
kooperativ/кооператив: cooperative (many types, which differ by the type of activity, e.g. agricultural or production)
ZAO/ЗАО (Zakrytoe aktsionernoye obshchestvo/Закрытое акционерное общество): ltd (UK), privately held shares (similar to a close corporation, or closely held corporation, in the US) (maximum fifty "owners of capital" (not shareholders). If there are more than fifty "owners of capital", they have a year to transform into a "OAO")
Prostoye Tovarishestvo (general partnership) and Kommanditnoe Tovarishestvo (limited partnership). These types of business entities are not popular (approximately 0.5% of the total number of business entities).
Hozyaystvennoe Partnerstvo (business partnership) is a "secret" entity. There is no equivalent in other jurisdictions.
