Putin, who has been in power for the past 18 years, is expected to sail to victory, with only token opponents competing against him.
"I will offer my candidacy for the post of president of the Russian Federation," he said during a visit to a car factory in Nizhny Novgorod.
He made the widely-expected announcement surrounded by cheering workers, who prodded him to unveil his plans in a carefully-choreographed ceremony.
"There is perhaps no better place and better excuse to announce this," Putin said in a nod to his core constituency.
"Russia will go only forward! And no-one would ever stop her in this direction."
Predictably, a chorus of Russian politicians praised the announcement, while social networks were abuzz, with many ridiculing the Kremlin strongman.
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