
Processing of international transactions
years of experience in international transactions
successful transactions for our clients on average per year
RUB billion in project value in the last 3 years
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We deal with international sale and purchase (supply) contracts, transportation contracts, service contracts and related transactions (loans, hedging, etc). We have successfully completed projects involving the import of complex and expensive manufacturing equipment in compliance with sanctions regulation, using international settlement systems, including cross-border assignments, set-offs, netting, etc. We have also successfully advised clients on exports to China, Hong Kong and European countries. Our team has undertaken a number of projects to organise the distribution of imported pharmaceuticals and medical devices from India, Pakistan, Germany and other EU countries.
Our international transactions and FEA services enable us to handle projects at every stage of the contract: transaction structuring, tax advice, currency regulation, aspects related to jurisdictional complexity, regulatory issues, EU and US sanctions regime and Russian anti-sanctions measures, disputes and negotiations, litigation and arbitration in such types of transactions. Our portfolio includes numerous successful cases in the field of international trade before Russian state commercial courts, foreign courts (EU, Cyprus) and international arbitration courts (Russia and EU) on disputes related to supply, distribution and transport contracts, etc.
Our clients operate in the following sectors:
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Pharma (pharmaceutical distributors, importers, exporters and manufacturers)
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Medical devices (manufacturers and importers, service companies)
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Construction (property development)
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Beverage production (non-alcoholic and alcoholic products)
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Legal advice
We will provide you with comprehensive legal support in concluding contracts with foreign suppliers or buyers, in disputes with foreign counterparties, as well as in structuring international payments (including those without involvement of banks) in accordance with Russian and foreign regulations (regarding foreign exchange regulations and restrictive measures of the Russian Federation).
In large-scale projects with a foreign element we collaborate with a network of our reliable foreign partners – legal advisers and lawyers from the relevant jurisdictions (China, India, EU countries, USA, etc).
In the context of sanctions international transactions with foreign counterparties are subject to a new procedure and require compliance with additional requirements, including not only customs and foreign exchange regulations, but also presidential decrees, sanctions measures and other regulatory restrictions. Therefore there is often a need for a qualified legal advice from specialists who are familiar with the actual practice of concluding such transactions.
The most common problem for Russia is, for example, payments in foreign currency. There are restrictions on the amount of payments, the type of transactions and the banks through which payments can be processed. We have already described in detail how payments to Russia and abroad work in a previous article.
In the field of trade and contract law, an increasing number of Russian entrepreneurs are exploring opportunities in Eastern markets in response to Western sanctions. For instance, conducting business with China has become increasingly prevalent, and we have a proven track record of facilitating successful business operations in this region.
If your company needs international support, please contact us at info@magenta.legal or fill out the form below.
If you would like to know more or need assistance, please contact us