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11May

“Call ” and “Buyback” Options for Ownership in a Company. Why These Instruments Might Be of Interest to Russian and Foreign Businesses.

What are the options, and why are they needed? Under Russian corporate law, it is possible to conclude “call” and “buyback” options for ownership in a limited liability company (LLC). These transactions represent a fast and convenient way to transfer ownership in an LLC and can significantly reduce legal and economic risks. Currently, options are […]
02Feb

How to Get a Serbian Residency

This is an article in our series on doing business and living in reliable jurisdictions. Bojan Timotijević from “Welcome to Serbia” Association – our partner company from Belgrade – talks about the ways to obtain a Serbian Residency through opening a company and buying real estate. Key Points: Serbian Residency No requirement to speak the Serbian […]
  • Posted by Awara
  • On February 2, 2023
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20Jan

How to Open a Bank Account in Türkiye. Awara Guide.

This is an article in our series on opening bank accounts in reliable jurisdictions. Find out in the interview with our Ankara and Istanbul partner how to open a bank account in Türkiye. 1. What is the standard procedure for opening a bank account in Türkiye? Whether individual or company is opening an account a potential […]
  • Posted by Awara
  • On January 20, 2023
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01Nov

Awara Guide on Set Up Business in Armenia: Documents & Taxes

We continue our series of articles about doing busiess in trusted jurisdictions. Read about opening a company in Armenia with help from our local partner in Yerevan ArmGate Advisers. What documents are required to open a legal entity The company name, which should be provided in Russian and in English (note that you have to […]
  • Posted by Awara
  • On November 1, 2022
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16Oct

Awara Guide on Opening a Bank Account in Reliable Jurisdictions to Support Your Russian Business. Chapter 4: Serbia.

Differences, Features, Tips, Pitfalls, and Best Serbian Banks for Russian Companies This is the third article in our series on opening bank accounts in reliable jurisdictions. Find out how to open a bank account in Serbia and what the benefits are. What is the standard procedure for opening a bank account in Serbia? Note that procedure […]
  • Posted by Awara
  • On October 16, 2022
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25Sep

Awara Guide on Opening Bank Accounts in Reliable Jurisdictions. Chapter 3: Armenia.

We continue our series on opening bank accounts in trusted jurisdictions. Read about opening a bank account in Armenia with help from Yeghiazaryan & Partners Law Firm — our local Yerevan based partner. 1. How to open a bank account in Armenia. First steps. The procedure of opening a bank account in Armenia depends on […]
  • Posted by Awara
  • On September 25, 2022
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13Sep

Western Sanctions and Retaliatory Restrictions by Russia

We have prepared an overview of the most important legislative changes that affect foreign companies and their operations in Russia. We conduct daily monitoring of changes in Russian legislation in order to provide you with the latest information to make timely decisions. 13.09.2022 Foreigners From Unfriendly Countries Will Be Able to Buy or Sell Stakes […]
  • Posted by Awara
  • On September 13, 2022
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31Aug

From September 1, 2022, the Procedure for Working With Personal Data of Individuals Will Change

From September 1, 2022, amendments to the current legislation in the field of personal data protection will come into force: the circle of persons who need to transmit information to the Federal Service for Supervision of Communications, Information Technology and Mass Communications (Roskomnadzor) about their intention to process personal data is expanded, a number of […]
  • Posted by Awara
  • On August 31, 2022
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