Services for controlled foreign Companies
In the era of economic globalization and tightening tax regulations, owning and managing controlled foreign companies (CFCs) is becoming an increasingly complex task that requires deep knowledge and attention to detail. Servicing CFCs involves not only the creation and support of foreign structures but also ensuring their compliance with multiple tax requirements and financial reporting standards.
problematics
Who is it relevant for?
CFC servicing is relevant for businessmen, investors, and individuals seeking to optimize taxation, protect, and swiftly manage their assets on an international level
importance
Why is it important?
It allows minimizing tax liabilities while complying with legislation
's services include
Assistance in establishing and servicing foreign companies and structures
particularly trusts and funds, in cooperation with our legal partners in foreign jurisdictions
Coordination of the process of transferring various types of assets
into established structures (securities, movable and immovable property in Russia and abroad, and other assets)
Preparation of tax reports for CFCs
Preparation of financial statements for CFCs in accordance with IFRS, obtaining an auditor's report
Analysis of the feasibility of switching to fixed profit tax for CFCs
Preparation of an application for transitioning to the mentioned mode
Case Examples
previous case
next case