Audit services
- Russian statutory audits
- Reviews required for capital market transactions (e.g. due diligence)
- Audits of HGB (German Commercial Code), BilMoG (Law on Financial Reporting Reform), IFRS and US GAAP financial statements
- Accounting system design and internal control reviews
- Forecast analysis and reviews
- Process audits
- Advice on IFRS applications
Advisory services
Financial and economic consultancy services covering different areas of corporate operations, including:
- M&As
- Due diligence, raising capital and attracting investors
- Business valuations
- SME issues
- Reorganisations and restructurings
- Forensic investigations
- Business process optimisation, management and control improvement, IT systems, risk identification and internal audit
- Real estate management
- Risk management
- Compliance with the US Sarbanes-Oxley Act
Tax advice
Making investments in Russia—from launching a permanent establishment to financing subsidiaries—can raise a number of tax issues. We would be delighted to help you solve these and other challenges. We provide the following advisory services:
- Tax consultations on planning and executing investments, including advice on opportunities in special economic zones and on the use of new financial instruments, such as special investment agreements
- Development of effective solutions for typical tax issues faced by Austrian and German investors in Russia
- Formulation of effective tax strategies for entities undergoing financial or legal restructuring
- Calculation of profit/corporate taxes, personal income taxes, VAT, or withholding and other taxes
- Accounting, assistance in drafting or reviewing tax returns, payroll calculations and other administrative services (e.g. registration of legal entities for tax purposes)
- Client representation and support during due diligence projects, including on tax issues
- Customs advice
- Development of employment and compensation schemes in Russia for expatriates from German-speaking countries
- Assistance in obtaining Russian work permits
- Trainings and workshops
Legal advice
The Russian market continues to be an attractive destination for companies from German-speaking countries. This is all the more reason why projects in Russia must be carefully planned, including a thorough assessment of the Russian legal and regulatory landscape.
Launching and operating a company in Russia can give rise to range of legal issues, including setting up branches and subsidiaries; structuring cross-border arrangements; registering Russian real estate; and obtaining necessary permits (construction, procurement, work and residence), to name a few. Our experts will be happy to assist you in addressing such issues as:
- Drafting contracts (e.g. cross-border delivery contracts, service or licence agreements)
- Setting up branches, subsidiaries and joint ventures
- Conducting due diligence
- Other corporate or civil law matters
- Complicated areas of antitrust and competition law
- Compliance with labour law and secondment arrangements
- Complex real estate issues
Technology advice
- Methodology and business processes optimisation
- ERP and CPM systems implementation
- Project management office (PMO)
- Quality assurance of implementation
- System audit and validation
- IFRS and management reporting
- Internal system controls implementation
- User acceptance testing
- Post-implementation review
