Interim directorship services
| Under the Russian law, it is impossible to appoint a non-Russian resident as a Managing Director (as well as Head of the Branch/Representative Office) without breach of the Russian laws. Therefore, we render ‘interim directorship services’. It means that we appoint our employee to act as a Managing Director (or Head of the Branch/Representative Office of the Russian subsidiary of your Company) during the incorporation period until all permissions (working permit and visa) are obtained with respect to a non-Russian resident who will be further appointed Managing Director/Head of the Branch of Representative Office. During the defined period, the nominee (ABU employee) appointed as the Managing Director or Head of the Branch/Representative Office for the Russian subsidiary of your Company shall get an approval from the Company management before any action of any document signed or authorized. |  |
