Foreign exchange controls

The main areas of our work in the field of currency legislation:

  • Preparation of reports on foreign accounts, notifications about opening / changing details / closing foreign accounts. Working with brokerage, insurance, investment accounts. Preparation of reports on the movement of funds.
  • Interaction with tax authorities; preparation of substantive inquiries to the regulatory authorities.
  • Competent response to the request of the tax office. Protection of the client’s interests in an administrative dispute.
  • Repatriation issues An analysis of the applicability of repatriation requirements to foreign trade contracts and loans. Financing of foreign business from Russia.
  • Interaction with banksnegotiations with Russian and foreign banks on the subject of foreign exchange regulation and foreign exchange control requirements, as well as foreign exchange reporting