Optimization of risks of controlled foreign corporations (CFC)
By choosing our services, you provide yourself not only with protection from possible tax risks, but also with optimization of the ownership structure of your foreign companies.
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CFC regime: how to reduce risks
Under conditions of tightening control by tax authorities over the activities of foreign companies owned by beneficial owners that are residents of the Russian Federation, our company provides services to optimize the risks of controlled foreign companies (CFC).
We conduct diagnostics of the current business structure
The goal is to identify possible risks and provide recommendations for their optimization.
Our experts will help you to manage your tax obligations effectively and establish optimal conditions for successful business.
The main stages of CFC diagnostics
1. Assessment of the applicability of the CFC rules
We analyze whether the CFC rules apply to your foreign company, including control issues and the possibility of recognizing the company as a CFC.
2. Exemption from CFC income tax
We examine the grounds for possible exemption from CFC income tax, providing recommendations for minimizing tax liabilities.
3. Search for effective CFC ownership structures
We offer alternative and more efficient CFC ownership structures to optimize tax risks.
Results of risk optimization of controlled foreign companies
Expert opinion
After diagnostics, you will receive an expert opinion on the applicability of the CFC rules and recommendations for optimization.
Risk mitigation plan
We will provide you with a specific action plan to mitigate tax risks and consequences related to owning a CFC.
Declaration support
We will provide assistance in the process of declaring foreign structures to tax authorities. We ensure compliance with the legislation
Individual approach
We consider each client’s unique needs and develop strategies that meet their specific goals.
Other services
Annual reporting packages according to IFRS, HGB, US GAAP. Consolidation
Setting up control systems
Internal audit, internal control systems
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