Registration services
Global Advance works on behalf of our clients to satisfy all legal requirements related to accreditation and implementation of the consolidated state register of representative offices and branches of foreign companies in Russia and other CIS states.
We will register your legal entity without any unnecessary delays to avoid any complications for your company in the future.
Support we provide
- choose a legal entity of enterprise
- draft constituent documents
- prepare and submit documents for state registration
- register a legal entity with the appropriate tax authorities
- extend the accreditation period of the representative office, if necessary
Documents required
- Certificate of registration of a foreign legal entity or extract from the commercial register
- Charter of a foreign legal entity (If the legislation of the state of registration of a foreign legal entity does not provide for the existence of a charter, this must be confirmed by a legal document issued by the competent authority of the country of registration.)
- Decision of a foreign legal entity on opening a representative office or branch in Russia
- Bank letter confirming the solvency of a foreign legal entity
- General power of attorney to vest the head of a foreign legal entity in Russia with the necessary powers
- A power of attorney authorizing a person to conduct business in the Chamber with permission to open a representative office or branch of a foreign legal entity in Russia
- Document confirming the address of a foreign legal entity in the Russian Federation (lease or joint activity + proof of ownership of the lessee)
Contracts Drafting and Follow-up
Often our clients assume than standard contracts they are using are suitable for Russia and the CIS region and local partners. We secure your interests on a long-term basis taking into account specific Tax Authority and bank requirements around working with foreign currencies. Global Advance brings its expertise to build up contracts in line with all local and Russia/CIS legislation and requirements.
Support we provide
- transcripts of differences in contracts
- exacerbation of contractual liability
- consideration of contracts (related contracts of contractors and negotiations)
Documents required
- Contract templates and description of terms and conditions
Counterparty Verification
Many companies are eager to quickly start business in Russia and the CIS region, often without proper consideration of potential risks. Global Advance helps you to find and verify effective and reliable partners while considering all financial risks. We have access to local governmental and fiscal registers to prove the reliability of potential partners.
Support we provide
- federal information register of any considered partner
- financial and tax authorities databases verification
- market information regarding a potential partner’s current status and obligations
Documents required
- Potential partner company details (VAT and OGRN identification)
Bad Debt Concerns: Pre-Trial Negotiations and Debt Recovery
In some cases, unprepared foreign companies are facing bad payment discipline toward credit lines and contractual obligations. Global Advance offers support for complex debt issues within Russia and the CIS region. Our practice in this area covers both judicial and non-judicial dispute resolution mechanisms.
Support we provide
- legal advice on debts
- pre-trial (claim) dispute settlement
- conducting a civil case to pay off debt in accordance with supply contracts, letters of guarantee, and other contracts
- representation in court
- representation of interests in the execution of a judgment in the bailiff service
Documents required
- TBA (depends on specifics of the current case)
