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.
Automotive components manufacturer
Accounting switch to 1C:ERP
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.
International logistics company
Audit of risks during accounting transfer from Russia to Poland
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.
Manufacturer of innovative printing solutions
Audit of payments to ensure compliance with Russian legislation
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.
Switching to electronic document management
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.
International FMCG company
Importing and selling goods in Russia
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.
Expanding into new markets
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.
We set up a subsidiary for DEBAG, handled all of their bookkeeping, acted as an interim administrator and prepared tax returns.
Russian office business process assessment
SCHNEIDER GROUP’s suggestions for improvements in procurement, sales, HR, currency and financial control processes have helped employees save time and achieve a faster turnaround time for orders.
Keeping the supply to Russia flowing smoothly
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.
German pharmaceutical manufacturer
Interim administration of Russian representative office
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.
Tax risk assessment
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.
Austrian laser technology company
IP rights protection
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.
Preparing complex export documentation
Since 2014, we have assisted Bogner in attaining conformity declarations and certificates for a variety of products, ranging from clothes to marketing materials.
Developer of thermal and acoustic insulation solutions
Accounting and tax review
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.
From Employer of record to company incorporation
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.
Hoist machinery manufacturer
Logistics costs optimisation
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.
Temporary management of assets of “unfriendly” persons
New presidential decree institutionalises the possibility of temporary management of assets of persons from "unfriendly" countries.
Initiative to suspend double tax treaties
A new initiative by Russia's foreign and finance ministries to suspend double tax treaties with "unfriendly" countries might affect preferential rates and exemptions.
SCHNEIDER GROUP opens office in Tbilisi
The Grand Opening of the new office in the capital of the Republic of Georgia took place on 15 February. This is a further milestone in the development of the SCHNEIDER GROUP network in the Caucasus region, after establishing an office in Yerevan in neighbouring Armenia, in 2018 and in Baku, Azerbaijan in 2022.
Duesseldorf – Business Breakfast – Business Environment and HR in Kazakhstan and Uzbekistan
During our business breakfast in Duesseldorf, the Partners and HR experts from our offices in Kazakhstan and Uzbekistan will introduce various business opportunities and comprehensive overview of the most important requirements and pitfalls for a market entry or business expansion.
Vienna – Business Breakfast – Business Environment and HR in Kazakhstan and Uzbekistan
During our business breakfast in Vienna, the Partners and HR experts from our offices in Kazakhstan and Uzbekistan will introduce various business opportunities and comprehensive overview of the most important requirements and pitfalls for a market entry or business expansion.
Financial Aspects in the view of sanctions: Russia and Belarus
During the event our legals experts from Moscow, St. Petersburg and Minsk will be providing practical guinance on financial aspects of sanctions in Belarus, cross-border payments with Russian subsidiaries and risks for the management.
SCHNEIDER GROUP has been helping businesses with international expansion since 2003. 500 experts in 16 offices in 12 countries offer customers high-quality consulting services to establish business presence in Armenia, Austria, Azerbaijan, Belarus, Georgia, Germany, Kazakhstan, Kyrgyzstan, Lithuania, Poland, Russia and Uzbekistan: from developing a market-entry strategy, to legal & tax consulting, accounting outsourcing and IT solutions implementation.