|ABU Accounting Services has been providing professional services in accounting, payroll, HR administration and legal compliance for more than 25 years.
ABU’s major advantages include:
|REQUEST FOR PROPOSAL
COMPLETE DORMANT ENTITY SOLUTION
The local business environment in Russia is quite challenging for international companies. Economic sanctions have forced multinationals to wind down local operations and start liquidation of local subsidiaries. Under the current circumstances, liquidation might be more complicated and it is highly probable to attract the attention of local regulators and cause a tax audit.
As an alternative option, companies take a decision to transfer the local activity to the minimum level and stay in a dormant status for the interim period. Be aware that have a dormant status does not release an entity from the compliance obligations and statutory reporting fillings even in the absence of operational activity.
Our ONE STOP SHOP solution covers all major compliance areas and enables the retention of a dormant local entity for the interim period*.