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Your company is in good hands!

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Fiduciary Management

We help to organize a secure transfer of the trusted company to the trustee or arrange a buyback option in a risk-free manner.

Due to the recent changes in legislation and the current economic situation the question of how to arrange fiduciary management becomes more and more urgent for shareholders of Russian foreign entities.

What is it?

Fiduciary management is the process of transferring the management of a company to a third party in order to ensure the effective management of assets.

A trustee is an individual or legal entity who, by decision and trust of the founder and / or shareholder, is entitled to perform any actions that fall within the competence of a shareholder, but is not entitled to dispose of shares in the authorized capital. That is, he/she owns the entire scope of the rights of the owner, except for the alienation of shares.

Types of fiduciary management:

  • Complete. Complete fiduciary management implies that a trustee fully manages the assets without the participation of the founder (shareholder).
  • By agreement. In this case, the trustee acts at his/her own discretion, but coordinates his/her actions with the founder (shareholder).
  • By order. The trustee acts according to the strict instructions of the founder (shareholder).
  • Buyback option. The trustee buys the shareholder’s stake, but he/she will have an opportunity to buy it back later, for example, when conditions are more favorable.

How it works?

In order to arrange fiduciary management, it is necessary to prepare an agreement between the trustee and shareholder/s, which will describe his/her powers, the type of fiduciary management, as well as the terms and conditions for termination, etc.

In general, under a fiduciary management agreement, the trustee undertakes to manage the property in the interests of the founder (shareholder) or the person specified by him/her.

The law does not prescribe the conclusion of a fiduciary management agreement in the presence of a notary, in case the shares are not alienated. Therefore, a simple written agreement will suffice.

At the same time, in order for the trustee to exercise his/her rights to participate in general meetings, it is necessary to draw up a notarized power of attorney.

It is necessary to inform the tax authority about the transfer of shares to the trustee within three working days from the date of conclusion of the fiduciary management agreement.

The shareholder is not required by law to notify the Legal entity, but it is recommended to do so in order to optimize management process.

Our services:

  • Drawing up a fiduciary management agreement
  • Registering the share sale with authorities
  • Arranging a buyback option
  • Informing tax authorities about the transfer of shares to the trustee
  • Rendering trustee services
The cost of our services is determined individually after a free consultation with our specialists.
We support transparent pricing! We will offer you a package solution with a final price. No hidden fees and unforeseen expenses!

Fiduciary  management

        • ✓ Preparing a fiduciary management agreement
        • ✓ Registering a fiduciarymanagement agreement with the tax authorities
        • ✓ Providing a trustee services
        • ✓ Registering a share purchase and sale transaction with tax authorities
        • ✓ Arranging an option with a buyback possibility
        • ✓ Customer service in English
Our key competitive advantage is a highly qualified management team with work experience in Russia, Western Europe and beyond.

ANNA SHEREMETYEVA

CEO

Anna Sheremetyeva, CEO, is a tax expert certified by the Chamber of Tax Consultants of the Russian Federation. For 12 years, she has been working as a chief accountant and controller for foreign subsidiaries in Russia (both in-house and outsourcing).

Our processes are certified as meeting international standards in Information Security (ISO/IEC 27001:2013) and Quality Management (ISO 9001:2015).
We bear full material responsibility for our work and hold a policy with one of Russia’s leading insurance companies.
INCORPORATION
FIDUCIARY MANAGEMENT
CFO
LIQUIDATION
ACCOUNTING SERVICES
WORK PERMITS
PAYROLL
TAX CONSULTING
INVESTMENT ANALYSIS
BUSINESS ASSISTANT

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Our specialists regularly comment on economic developments in Russia and worldwide on television and in print media.
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We believe that a personalized approach is the best way to build durable relationships, so we have hand-picked our trusted partners to offer you best-in-class services, no matter where you need them.

Our partners in China (including Hong Kong), India, Italy, Turkey, Finland, Croatia, UAE and Germany will assist you locally on all business, administrative, (legal) and visa topics. We work in close collaboration with our partners, and we guarantee that you will be accompanied all the way through, to make your projects come true.

Get in touch with us and take advantage of Wagner & Expert’s network for your international business.

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+7 (499) 110-67-35.

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