Evgeny Timofeev

+7 (495) 287 4444

Evgeny Timofeev

Senior Partner  |  Bryan Cave Leighton Paisner
JURISDICTIONS QUALIFIED IN

Russia

TOP AREAS OF EXPERTISE

Asset holding structures
Tax


Maxim Alekseyev

+7 495 234 96 92

Maxim Alekseyev

Senior Partner  |  ALRUD Law Firm
JURISDICTIONS QUALIFIED IN

Russian Federation

TOP AREAS OF EXPERTISE

Structuring and restructuring of personal and family assets
Asset protection
Tax issues

Q&A

What has been the highlight of your practice over the past 12 months?

One of the top things that we are doing for clients in 2020 are health checks - how well are assets protected both from the personal and family standpoint. We then conduct risk management by stress testing them for the future.

How did you get into private client?

At the end of the 1990’s, the firm was working with lots of corporate clients on the M&A side. We moved from structuring those transactions, to being asked to support the same clients in the structuring of their private wealth. The private client practice officially started at the end of 2003, growing from three to eight partners since.

What advice would you give rising stars/new lawyers in the private client world?

You may be asked any question at any time by your individual client. Prepare to be a universal and complex adviser able to guide your client in the right direction.

What is your favourite quote?

"The best way to predict your future is to create it." Abraham Lincoln.
"The future depends on what we do in the present." Mahatma Gandhi.

Do you have any outside interests or hobbies?

I am a collector of porcelain soldiers related to the Napoleon era, especially the Waterloo Battle.

When the restaurants reopen, where would you like to go?

Café Pushkin in Moscow. Very typical Russian cuisine of the late 19th century, with a good injection of French cooking.


Artem Toropov

+7 903 2211668

Artem Toropov

Senior Associate  |  Baker McKenzie
JURISDICTIONS QUALIFIED IN

Russia

TOP AREAS OF EXPERTISE

Succession planning
Asset holding structures
Tax

Q&A

What has been the highlight of your practice over the past 12 months?

In 2017 and 2018 our team and I have been actively instructed by many leading private banks in Switzerland and their clients on the matters of Russian tax compliance and disclosure, including in relation to: Russian voluntary disclosure program that has been restarted for 2018-2019 to meet the increased demand of Russian high net worth individuals; CRS-related compliance prior to commencement of the exchange with Russia in 2018; compliance with the Russian CFC rules that affect, among others, Russian clients with personal and business assets aboard, including offshore trusts and foundations; and Russian currency control (RCC) rules that apply to foreign personal accounts of Russian residents.

What advice would you give rising stars/new lawyers in the private client world?

Anticipate the current and future needs of clients, be bold and proactive in addressing these needs in ways that reflect your own values and beliefs, even if it means going against market trends and the usual way of doing things.

What is your favourite quote?

“Nuclear physics is much easier than tax law. It's rational and always works the same way,” Jerold Rochwald.