More than 40 SCHNEIDER GROUP employees complement the THYSSEN SCHACHTBAU team. Since 2007, SCHNEIDER GROUP has provided high-quality bookkeeping, tax accounting and legal support, 24/7/365. SCHNEIDER GROUP is also responsible for payroll calculation for 1000+ employees, preparation of reports, implementation of automation projects and interaction with government agencies on behalf of the customer.
We migrated the customer's accounts to 1C:ERP and added two enhancements: one that enables detailed analysis of deviations in component prices used in finished product manufacturing, and another that enables analysis of deviations in the cost of finished goods.
SCHNEIDER GROUP registered a Russian subsidiary for Doppelmayr and provided an interim General Director for the purpose of company incorporation and administrating in accordance with head office’s instructions. The interim General Director represented the customer before public authorities and managed customs and tax declarations in close collaboration with the parent company.
The customer planned a partial transfer of accounting from Russia to a shared service centre in Poland. SCHNEIDER GROUP consultants identified the risks arising from the transfer and developed recommendations for restructuring internal policies to minimise them.
Due to significant business growth in Russia, the customer was faced with the challenge of consistently applying corporate payment policies in their Russian subdivision. SCHNEIDER GROUP consultants conducted an independent payments audit to assess compliance with Russian legal requirements and corporate group standards.
We implemented electronic data exchange and electronic document management at WELEDA. We also assisted in setting up data exchange with a major retailer, an online store and a premium supermarket chain.
We collaborated with the customer to carry out market research, develop a detailed product assessment and plan promotional activities. We also helped them find would-be distributors and negotiate contract terms.
We assisted a German pharmaceutical company in establishing a subsidiary in Russia, including opening bank accounts, hiring four employees, subleasing fully equipped office space and providing a temporary General Director, among other tasks.
Upon learning that a breakdown in relations with the company's distributor had rendered its products unavailable for import into Russia, our specialists quickly issued the necessary certificates to facilitate supply while also taking on the risk of any potential consumer complaints.
We completed tax due diligence on a German pharmaceutical manufacturer's representative office in Russia to identify accounting risks, took over management of the representative office until it was wound up, incorporated the office into a local subsidiary, formalised employee transfers from the representative office to the subsidiary and arranged the office’s winding-up process.
The customer’s new chief accountant hit some roadblocks in assessing tax and accounting practices due to the geographically distributed nature of the company, and decided to seek support from SCHNEIDER GROUP. Our review helped to identify irregularities and possible penalties, and our experts were able to develop principles for a systematic approach to risk management in finance and taxation.
We developed a Trade Secrets Policy along with all the necessary legal documents for a laser manufacturer, including a list of confidential and proprietary information, a non-disclosure agreement and employee contract templates.
A Russian manufacturer was to be bought out by a foreign company that already owned 50% of the shares. SCHNEIDER GROUP’s assessment of accounting and tax practices uncovered inconsistencies in the tax accounting and payroll processes, as well as drafting and contracting errors. Our report and the steps taken to mitigate these risks had a positive impact on the takeover process.
MANKENBERG aimed to expand to the Russian and CIS markets. To give MANKENBERG the opportunity to test the market without significant investment, we hired an employee on behalf of the company. The employee was provided with a fully-equipped workspace in our office with secretarial and administrative support.
When delivering construction machinery to the Siberian region, SCHNEIDER GROUP consultants recommended that the customer switch from air delivery to road delivery during the winter months. This resulted in the customer paying over 2.5x less in transportation costs on just this logistics leg.
Legal practice of SCHNEIDER GROUP Kazakhstan was recognized in The Legal 500, international ranking of the largest legal services providers for their excellence in corporate and commercial law and M&A.
On April 12, 2022 the group of Russian deputies has submitted the revised draft law on external administration to the Russian Parliament. The new draft significantly differs from the one which was broadly discussed in mass media in March.
Join our Forum event with podium discussions about managing your Russian subsidiary in uncertain times, restructuring your operations or planning market exit with minimum risk: 3 main topics onsite and online, 10 highly informative interactive breakout sessions onsite only.
SCHNEIDER GROUP has been helping businesses with international expansion since 2003. 500 experts in 13 offices in 9 countries offercustomers high-quality consulting services to establish business presence in Armenia, Austria, Belarus, Germany, Kazahstan, Poland, Russia and Uzbekistan: from developing amarket-entry strategy, to legal & tax consulting, accounting outsourcing and IT solutions implementation.