Chinese Desk

We offer comprehensive research of the Russian market tailored to your unique business needs. We screen the market landscape for you based on the pre-agreed parameters to enable you to make informed decisions and advance your business in Russia.

What our research team can do for you:

• Analyze Russia’s regions to identify best locations for your plants and supply chains
• Assess the competition in terms of positioning, strategies and approaches used
• Analyze the financial vehicle market and other key industries relevant to your business

Our insights will help you gain a better grasp of the current market environment and choose the most profitable ways of doing business in Russia.

We can assess the efficiency of your internal control system (ICS) for a variety of objectives, including in terms of the global corporate goals and compliance with foreign exchange regulations. We review your current processes and provide recommendations on streamlining and improving them to ensure your ICS meets the highest standards of corporate governance and regulation.

BST provides all-round Transaction support to investors, including a comprehensive pre-investment due diligence covering the financial, legal, tax, and environmental aspects.

• Financial due diligence: we analyze the target's financial position and performance, identifying risks and opportunities for investors and partners
• Legal due diligence: we review the legal aspects of the target's operations, including contract evaluation, regulatory compliance, and identification of legal risks
• Tax due diligence: we assess the target’s tax liabilities and risks, analyze tax compliance and optimize the tax structure
• Environmental due diligence: we check the target’s compliance with environmental regulations and requirements, assess environmental risks and their impact on operations

Our experts will perform a thorough, unbiased due diligence to help you close your deals safely and with confidence.

BST provides advice to businesses across the key aspects of foreign trade.

We specialize in the following areas:

• Structuring delivery terms to meet the requirements of the customs legislation
• Analyzing the customs value, substantiating the inclusion of dividends and royalties
• Assessing compliance with the customs and technical regulations
• Legal representation in customs inspections and litigations

Our lawyers help clients minimize risks and ensure customs compliance of all operations.

Our professionals provide a multitude of transfer pricing services, including:

• Developing and defending an intra-group transfer pricing strategy that reflects both the Russian transfer pricing requirements and industry impact
• Benchmarking studies to determine an arm’s length range
• Preparation of transfer pricing documentation, including a master file

We offer financial audit services, including audits of financial statements prepared in accordance with the Russian Accounting Standards (RAS) and International Financial Reporting Standards (IFRS). We also perform interim reviews of financial information to ensure its accuracy and reliability.

A deep knowledge and experience in audit allows our professionals to provide high-quality services meeting all legal requirements and international standards. We help businesses prepare transparent and reliable financial statements, ensuring trust and confidence of investors, partners, and regulators.

Transitioning to the tax monitoring regime (which is an advanced form of tax control reducing the tax-related administrative burden and giving access to fast-track VAT and excise reimbursement) is a complex, labor-intensive project requiring special expertise. We provide a wide range of well-rounded solutions to get companies prepared and support them throughout the project.

Our key services include:

• Preparation for joining: we assess your readiness for the transition and draft a robust strategy and action plan
• Methodological guidance: ad-hoc consulting, developing of internal policies and procedures, and employee training
• Post-onboarding services: we support you throughout the tax monitoring cycle, including communications with the tax authorities and handling of any controversies.

Having worked with the current participants and new users of the tax monitoring regime across various industries, we are able to offer relevant and effective solutions, depending on your company’s specific needs.

BST has been recognized as a leading provider of consulting services to businesses wishing to join the tax monitoring regime. Our numerous satisfied customers testify to our expertise and reliability.