TOGETHER WE CAN REACH THE GOAL OF BRINGING ADDED VALUE TO YOUR BUSINESS!
In Russia, C-Corp was founded in 2005 to serve foreign companies which set up a Russian entity. The function of director must be fulfilled by a trusted person: after all a director can manage bank accounts and enter into legally binding obligations. Foreign companies which are new in Russia usually do not have a suitable Russian candidate, simply because they have not been working together with a Russian team. Since Russia has started to require that a foreign director have a work permit and such a work permit can be obtained only after the Russian entity has been incorporated, this “Catch 22 situation” has formed a business case for a company which can fill that gap: happy to be hired and fired as well and fully accountable and liable in both Russia and the Netherlands.
The formal need for a resident director does not mean that we stop there: we feel at home (corporately) in both Russia and the Netherlands and we want our clients to feel comfortable with the idea of managing a company as well.