CIS

The team conducted a comprehensive assessment of the client’s tax and reporting obligations across all income types. This included analyzing potential risks and behavioral scenarios, and providing tailored recommendations for proper declaration, Controlled Foreign Corporation (CFC) notifications, foreign account disclosures, and currency reporting. Based on the findings, an optimal asset ownership structure was developed to ensure lawful tax minimization, reduce administrative risks, and maintain full compliance with Russian legal requirements.

The client received a clear, actionable strategy for tax and currency compliance, effectively minimizing the risk of fines, criminal liability, and administrative sanctions. The solution preserved the client's control over their assets and business structure, while providing long-term transparency and stability in taxation and reporting across multiple jurisdictions.

We proposed to use a legal entity in the UAE as a developer of a new version of the software. To implement the project, our team developed a comprehensive agreement between the copyright holder and the legal entity in the UAE, which regulated the creation of a new version of the software by a foreign legal entity and its subsequent license for foreign clients, and also delimited both versions of the software to eliminate the risk of infringement of rights to the original software.

The signed agreement allowed the client to officially launch the development of a new version of the software intended exclusively for foreign clients, while the copyright holder of the new version is a company in the UAE. This approach ensured legal protection of the client's rights, eliminated the risks of infringement of intellectual property and allowed the business to scale smoothly in the MENA region.