Tax optimization of business

IN RUSSIA

This sphere of services assumes legal usage of fiscal costs reduction mechanism by the means of:

• tax planning
• offshore planning

Legal services in the frames of tax planning include the following groups of services:

preliminary tax planning:
includes the analysis of the company’s taxation at the stage of business-plan making for the purpose of development and introduction of an individual model of the taxation and for the purpose of possible financial and economic activity realization variants.

current tax planning:
assumes the application of set of the methods, allowing tax burden lowering for a tax bearer in each specific case as well as in the separate tax period, such as:
• tax planning of separate transactions
• tax planning of separate taxes

Tax planning in a holding company

• tax planning at the stage of holding set up
• tax planning in the existing holding

For the most effective tax optimization of business it is necessary to use the offshore planning in the right way. This method implies the construction of the transboundary business structure, for the purpose of ultimate tax preferences recovery.

The scope of our services in the frames of the offshore planning includes the following groups:

• a choice of the offshore-zone in accordance with business-plan stipulations;
• preparation of the documents for legal entity registration in the offshore-zones and etc.

IN UKRAINE

Ukraine has a fast-changing tax system.
The tax system includes taxes established on the national level and local taxes. The taxes which have the most notable influence on the business activities are the corporate income tax and value added tax.

• Corporate income is subject to 25% tax.
• Dividends are subject to so called repatriation tax unless other specified by double taxation conventions.
• Ukraine’s VAT rate is 20%.

Whereas the taxation system is rather unclear and complicated, the tax advisors services are usually needed to avoid or settle the disputes with tax authoriries.


For more information please refer to our legal experts:

IN RUSSIA:

Alexander Timofeev - Alexander.Timofeev@lp.ru
Mihael Malinovskiy - Mihael.Malinovskiy@lp.ru
Anna Burkova -  Anna.Burkova@lp.ru 
phone: +7(495)664-28-90

IN UKRAINE:

Radmila Hrevtsova - radmila.hrevtsova@lp.com.ua
Svetlana Dovbnya - svetlana@lp.com.ua
phone: + 38 044 492 7794