EXPERTISE

E-commerce and internet billing

Like nobody else we understand how rapidly growing and how poorly regulated the e-commerce industry is.

The importance of rules of VISA and MasterCard should not be overlooked. In essence these rules have become an additional regulatory level and compliance with them is de facto as important as a compliance with any national legislation.

 We work with both low-risk and high-risk businesses.

 We know the effects that chargebacks cause and how to minimize them, we know how to avoid getting blacklisted by Visa and MasterCard and why you would need to get 30 merchant accounts per company.

 What we do:
Incorporate e-commerce companies
Open merchant and currency bank accounts
2 Effective tax planning and structuring cash flows efficiently.
Provide nominee recruitment services.

Incorporations and bank accounts


Сompany incorporationsis one of the ways to tackle a host of issues relevant to business, such as reaching a new international level, the possibility of a substantial increase the company’s profits as a result of attracting new investments, tax optimization, diversified risks and protecting capital.

The “Stron Legal Service” team will help you to make the right choice of jurisdiction for the development of your business, register the company in the selected jurisdiction with minimal time, and also help in opening a bank account regarding your business or personal interests. We accompany our Clients to a successful opening bank account. In case the bank for any reason refuses to open bank account, we will do our best to open an account with other banks.

We provide our Clients with incorporation services such as:

– Advice on company incorporation in more than 50 countries;

– Company incorporation of all legal forms such as LLC, JSC, LLP;

– Company incorporation in offshore jurisdictions;

– Private Funds incorporation;

– Trusts incorporation;

– Holding incorporation;

– Incorporation of Financial Institutions such as Banks, Banks Acquires, Electronic Money Institution etc;

– Support of selection of the most suitable/favorable jurisdiction;

– Support of buying a ready-made company;

– Substance organization;

– Sroviding professional company management;

– Providing company secretary;

– Full nominal service;

– Virtual office services, as well as other services that may be necessary to conduct international business.

We provide our Clients with the following services regarding bank account opening:

– Support of selection of jurisdiction of Bank with respect to specifics of your business in more than 50 banks worldwide;

– Opening bank accounts in the Electronic Money Institution;

– Representing the interests of Client in negotiations with bankers;

– Legal support at all stages;

– Contractual support;

– Filling in all necessary forms;

– Preparation package of documents.

Fintech


Fintech becomes an everyday part of life:

Each day most of us effect dozens (if not hundreds) of transactions and now, paying for a taxi ride without getting your wallet out of the pocket is a norm. Modern economy is build on rapid fund transfers and rapid fund transfers are de facto a rapid exchange of information and instructions via a payment gateway between the payer and  bank. Understandably, that the security of such data transfers are of outmost importance.

Doing business in Fintech industry means constant and multiple compliance with banking and tax laws, regulations, AML procedures, rules of Visa, MasterCard, Swift, Sepa and various standards of data protection (from universal PCI-DSS to niche specifics). The question is sometimes what to comply with rather than how to comply.

What we do:

Obtaining of financial licenses.

Navigating through Visa, MasterCard, Swift and Sepa rules.

Opening correspondent bank accounts and ensuring everyday compliance and smooth operation of financial institutions, payment gateways, payment systems, software developers and ordinary merchants.

Softdev and gamedev


Relations in the software market are often both extremely complex and demanding. Needs of the market are rapidly changing whilst the development cycles (due to complexity) became longer. Sometimes the software product is already outdated upon its release.

Therefore, contracts used must be extremely agile and flexible – to allow the Client to change anytime the instructions he made previously and the Developers will want to ensure the payment.

Therefore, contracts used in this area must be extremely agile and flexible to fulfill two main purposes: to allow the Client to change anytime the instructions he made previously and to allow Developers be assured of   of their work.

Besides contracts the other important thing is IP rights management. All the IPs must be properly structured, registered and thus secured.

Tax aspect is also very important – sometimes the seller of a digital product will need to charge VAT and be VAT registered, some jurisdictions have introduced preferential taxation (so called IP boxes) for companies developing intangible products.

What we do:

Software development and other agreements

Corporate structuring including tax minimization.

IP rights protection.

Cryptocurrencies


Working with cryptocurrency is very demanding. This field is often is regulated differently across different jurisdiction and sometimes not regulated at all.

While the possibility of cryptocurrencies to be used a as payment instrument is very limited, the exchange of cryptocurrencies to fiat money is often the focus of attention.

What we do:

Incorporate companies and open  bank accounts for crypto business

ICOs

Manage taxation.

IT & Joint Ventures


Relations in the IT sector are often both extremely complex and demanding. Needs of the market are rapidly changing whilst the development cycles (due to complexity) became longer. Sometimes the software product is already outdated upon its release.

Therefore, contracts used in this area must be extremely agile and flexible to fulfill two main purposes: to allow the Client to change anytime the instructions he made previously and to allow Developers be assured of   of their work.

Besides contracts the other important thing is IP rights management. All the IPs must be properly structured, registered and thus secured. Tax aspect is also very important.Do not forget about the protection of personal data, in particular compliance with the GDPR.This is not the whole range of necessary issues that need to be resolved.

Stron Legal Service provides a full range of legal services, as well as other consulting services necessary for a successful conducting IT business.

 

It is also worth noting that for now, the IT sector is very attractive for investment. Investments may be conducted in very different forms, however certain questions always arise:

Investor will want to protect his investment and have a reliable and fair exit strategy. A party who seeks investments will have other goals. An actual agreements between the parties may be very sophisticated. Multiple instruments may be used to structure them.

In the process of doing business there may be a question about the necessity to register a joint venture.

Businesses form joint ventures for several reasons:

To combine resources. A bigger entity may have more clout in an industry or more resources to ensure the success of a venture.

To combine expertise. In technical businesses, one company might have expertise in one part of a venture while the second company might have expertise in another part.

To save money. Two companies might consider a joint venture to save money on advertising.

The “Stron Legal Service” team will help you to incorporate and to maintain such kind of company formation.

We provide the following services:

– draft shareholders’ agreement;

– draft loan agreements

– incorporate joint ventures,

– project finance

– other advisory services in the sphere of investment and finance.