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Banks
Sale and purchase of credit organisations
Mergers and acquisitions of credit organisations
Mergers and acquisitions take place as affiliations or mergers. The procedure of affiliation and merger depends on the legal form of the credit organizations in question and in its form correspond to similar procedures for companies, except for specific, related to bank accounting and termination of the licence of one of the involved banks.
In practice it is possible that after estimating the complexity of the procedure of affiliation or merger, the bank takes a decision to do this as purchasing.
Consulting services for credit organizations on the following issues:
- Registration of a credit organisation (CO)
- Receipt of the license of a CO with payment of the authorised capital
- Incorporation of a CO
- Receipt of a license for foreign-currency transactions
- Receipt of a general licence
- License for transactions with precious metals
- Receipt of the licences from the Federal Service on Financial Markets
- Compiling a business plan
- Preparing a set of documents for pars. 1-7
- Registration of the offering circular by the Central Bank
- Registration of the decision to issue shares without the offering circular with Moscow Main Territorial Department of the Central Bank
- Registration of the offering circular by Moscow Main Territorial Department of the Central Bank
- Registration of the report on results of the issue of shares
- Registration of changes in constituent instruments
- Approval of the candidacies of Chairman of the Board and the Chief Accountant of the credit organisation
- Selection of personnel for positions to be approved by the Central Bank
- Choice of premises, equipment of the Cash Centre, approval by the Main Territorial Department
- Selection and preparation of the companies - founders, companies - participants in the founders for a new CO.
- Selection and preparation of the companies - founders, companies - participants in the founders for the existing CO.
- Non-commercial organisations
- Bookkeeping and auditing of the companies - founders
- Selection of directors of the companies - founders of a CO
- Registration of the affiliate of a CO
- Registration of the CO transfer to Moscow Main Territorial Department of the Central Bank
- Receipt of a permit to set up a foreign-exchange office
- Approval of hard-currency transactions by the Central Bank
- Approval by the Federal Antimonopoly Service
Bank evaluation criteria:
- Financial stability, risk assessment
- Bank management quality
- Bank development dynamics
- Development prospects
- Due diligence of the bank seller title
- Valuation of bank assets
Corporate Law
Experts believe that corporate law is one of most complex and most demanding to experience of the experts, to depth of the analysis of a problem and to responsibility of the personnel involved. These are the main principles of support from WG to various projects from simpler ones, like an issue of shares, transition of the property right in the company as a result of its sale, to the most complex, like mergers and acquisitions with delayed payments and options.
International Law
Markets expand, ignoring the borders, but there are borders of jurisdictions. However, in international law there are quite a number of mechanisms permitting to defend one's interests. More than once experts of WG helped their clients to take advantage of such mechanisms.
Commercial law
Privatization, securities, investment projects, shipment, transport, customs, sale and purchase of enterprises, bankruptcy, currency regulation, financial law, tour operators' business, labour contract, import / export regulation.
Tax law
Tax planning, follow-through of transactions, appeal of actions of officials and acts of the tax authorities in court.
Real estate
Sale and purchase of commercial real estate, enterprises, property complexes, houses, land.
Control by the Central Bank, the Federal Service on Financial Markets, the Federal Antimonopoly Service
Control by the Central Bank, the Federal Service on Financial Markets, the Federal Antimonopoly Service is linked with a large number and complexity of required documents, and also the time for their processing for registration, licensing, incorporation, issue, approval, notification and the like. These tasks is daily work of the experts of WG.
Legislation
What and why is to be done by a legal consultant in relation to your case in court?
How can you check a legal consultant?
If there is a conflict which cannot be resolved on a good will basis and all means have been exhausted to reach agreement, or if you have irreparable damages incurred as a result of any wrongful actions of some government authorities, or if you need a court decision to have a formal proof of some fact, then you have a clear case of court settlement.
In this case, you need to have not just qualified representation of your interests, but in addition to that you have...
Legislation In International Arbitrages
Prior to making any decision concerning participation in the process it is necessary to find out:
- the schedule of proceedings on the case,
- the procedures for notifying the parties; this depends on the agreement with the country of the other party's location,
- the specific procedure regulations for the arbitrage in which the case is decided,
- the procedure for putting the arbitrage decision into effect.
This information may have an essential influence upon your position and the policy of conducting the case..
Please look for details here.
Services to foreign companies
Registration of representative offices, companies with foreign participating interest, receipt of the Central Bank permits, permits to employ foreign workforce and work permits, follow-through in accounting and legal matters.
Consulting
We offer our experience in the following areas:
- Leasing, Rent
- Banking Law
- Bankruptcy
- Foreign Exchange Regulations
- Land Property Law
- Investments
- Execution of Court Decisions, Awards, Acts
- Corporate Law
- Purchase/Sale of Enterprises/Companies/Businesses
- International Law
- Taxation
- Wrongful actions of state authorities and officials
- Contract
- Purchase Contract Delivery (import & export included)
- Privatization
- Customs Law
- Telecommunications Law
- Transportation Law (carriage, charter)
- Labour Law
- Tour Operator's business
- Financial Law
- Securities
Services to subscribers
In today's rapidly changing world your company comes face to face with complicated legal problems at every turn. You can find no area of business that can be efficiently managed without having a clear understanding of legal regulations to be used for settling these problems.
Remember WG! We are at your service with our experts' working experience in providing reliable legal support to your business.
Subscriber's Services is a package of services rendered to a business/company/enterprise on a regular basis to resolve legal problems for your business/company. This gives you a chance at any time without previous appointments and at a substantial discount:
Legal support of projects
An optimal way to implement a project is to consider legal issues at the very first stage of planning and elaboration of your strategy. It may happen that you have missed this stage and legal aspects are taken into consideration during implementation of the project, which sometimes reduces flexibility, mobility in taking decisions, requires more complex decisions, higher expenses and more efforts.
Please look for more details here.
Mediation
Mediation is a process of negotiation between the parties organised by a neutral party, a mediator, in a neutral territory in an attempt to help the parties reach agreement on a dispute or a point at issue.
The mediator is neither a negotiator who represents one of the parties, nor is he an arbitrator who makes a decision of the nature of an ultimatum. The mediator has no compelling or enforcement power, he neither makes decisions nor defines who gets what.
In contrast with the enforcement system which is so common in our society, mediation is a non-accusatory and non-binding process. In other words, the mediator does not judge, nor does he pass a judgement.
The mediator can assist the parties to:
- organise the process of negotiation;
- examine each argument and find a solution to the most 'burning' arguments
- split up the people and the problem;
- examine all perspectives;
- build a bridge" between the parties;
- see a way out of a conflict situation.
Statistic reports in the developed countries show that 83% to 85% of all mediation cases end up successfully. Moreover, 5% to 10% of the parties involved in mediation arrive at achieving this result - full or partial agreement - within a short time after mediation.
To find out more about why mediation is less expensive, more effective and by far more pleasant or friendly than court proceedings, please look here.
Due diligence
A written statement, substantiated and exhaustive, conclusions examined and verified by a team of professionals - these are required not only in those cases, which are provided for under law - for the meeting of shareholders, the board of directors, a bank or investors - but also when it is necessary to take an inerrable decision.
Federal Service on Financial Markets
Consulting services on:
Registrations, related to issue of shares, licensing.
Permits to employ foreign workforce (PEFW)
Receipt of permits to employ foreign workforce for Russian companies and representatives of foreign companies.
Please follow the links below for more details:list of documents,
time-limits and procedure
list of documents and the form to fill in
Work permits
Receipt (renewal) of work permits for foreign citizens in the Russian Federation.
Please follow the links below for more details: list of documents,
time-limits and procedure
list of documents and the form to fill in
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