Private Client

Our work for private clients is one of the main focus practices of NYZ Partners.

Our team have assisted private clients with a broad variety of legal issues related to developing and revisiting holding structures for personal and business assets (including with the use of foreign trusts and foundations), controlled foreign companies (CFC) regime, currency control and deoffshorisation.

Our tax team have extensive knowledge and expertise developed through many years of working in leading international law firms and Big4 firms.

In our work we adhere to international standards relevant to legal business. We can offer a tailored approach to projects of any complexity and hands-on partner involvement in each project.

PRIVATE CLIENT

We offer private clients a wide range of services both at the Russian and international level, including:

Review of private and business asset holding structures, advice on preferable changes and assistance with the implementation of those changes

Private property structuring and management for the purposes of asset protection and tax efficiency

Complex personal tax compliance, including declaration of incomes received from investment activities and sale of property both in Russia and abroad

Tax compliance support within the Russian CFC rules

Advice on potential consequences of automatic exchange of financial information (CRS) for clients and their businesses

Liaising with the tax authorities on behalf of individuals

Advice on currency control regulation and compliance support

Advising the UBOs of a taxi aggregator company on tax efficient methodologies for the sale of the business, including advice on pre-sale restructuring in multiple jurisdictions. Assistance with CFC and personal income tax compliance.

Our lawyers' representative experience (including in prior firms)

Сontacts

Assisting a number of private clients on the restructuring of their offshore holding structures in view of the Russian deoffshorisation measures, including advising clients on various matters related to the Russian CFC rules, amnesty of capital and transitional matters, preparation of detailed restructuring roadmaps and assisting with the transfer of assets to the client and/or a newly formed holding company. In addition, we assist with the preparation and filing of all required declarations and forms, e.g. capital amnesty declarations, CFC notifications and personal income tax declarations with the liquidation proceeds.

Advising HNW clients on the tax efficient holding structure for private assets, including foreign real estate and yachts located in various European jurisdictions, and their investment portfolio.

Advising a private client on the tax efficient holding structure for UK real estate property (including a non-resident trust) and on matters related to the transition from the previous structure to the new structure.

Advising a private client on the application of the Russian CFC rules to a discretionary trust and on the application of CRS reporting to such a trust.

Advising a private client on the complex matters related to the individual's tax residency in Russia and the UK.

Advising a number of family offices on legal and tax aspects of private equity investments and property management.

Assisting private clients with complex personal income tax compliance related to the incomes derived from investments, sale of business assets and property located in Russia and abroad.

Advising a private client on yacht chartering matters.

Advising private clients on their international investment schemes.

Founding Partner

Alla Zverkova

+7 (916) 631-17-32
azverkova@nyz.legal

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