Our team has solved the challenges of multiple clients

Cases

• 

  Importer of products from China

  • Background

    Previous lawyers recommended that the client incorporate a company in Belize to pay less tax. Because of this, the client could not open an international bank account.

  • Problem

    Inappropriate jurisdiction for the client's business.

  • Our Solution

    Redomicile to another jurisdiction and open an account in the country of incorporation with a major international bank.

  • Result

    The client is successfully serviced by a major international bank and concludes foreign trade contracts directly through its local company in Russia, thus optimizing currency control costs. The tax burden on the international company is 0%.

• 

  Agroindustrial Group in Cyprus

  • Background

    The client received poor legal advice and because of this, incorrectly structured the property.

  • Problem

    The client was unable to open accounts for more than six months and was rejected by all banks. As a result, he could not conduct operational activities.

  • Our Solution

    Correct positioning of the business for the bank's compliance department helped to quickly open accounts for all group companies.

  • Result

    Efficient business structure of four companies with working current accounts.

• 

  Crypto exchange from Estonia

  • Background

    The client registered a company in 2016, conducted an ICO and raised funds in cryptocurrency, however, he was approached by incompetent advisors. They did not inform him that it was necessary to carry out KYC procedures for each investment raised and obtain a crypto license.

  • Problem

    The client had been unable to open a bank account for several years to conduct operations and pay operating expenses.

  • Our Solution

    The client is successfully serviced by a major international bank and concludes foreign trade contracts directly through its local company in Russia, thus optimizing currency control costs. The tax burden on the international company is 0%.

  • Result

    Now the client has no difficulties with banking and confirming the sources of origin of funds. The volume of business has grown several times.