HKU Partners


< Compliance, Control and Investigation Services As a firm oriented towards pragmatic advice and implementation, Hellevig, Klein & Usov is the leader on the Russian market in compliance services. One dimension of compliance is made up of control and investigations. Effective control is the basis of compliance, control red flags may in turn trigger investigations. The lawyers at Hellevig, Klein & Usov are best placed on the Russian and Ukrainian markets to offer comprehensive compliance services thanks to the affiliation with Awara Group which offers comprehensive compliance services in all aspect of business administration be it financial, tax, IT, HR, and audit. We have the resources and needed specialists for all kinds of internal investigations, on fraud, anti-corruption, anti-money laundering, employment sanction issues, trade sanctions and export control issues. Together we can also design and implement the needed preventive measures such as corporate governance and compliance programs, education and training, anti-corruption policies, risk management programs, anti-trust regulations. We can assist with conducting internal investigations into possible irregularities, such as allegations of accounting irregularities, suspicion of corrupt practices, fraud, tax evasion and other improprieties. Together with other Awara Group companies we offer the following compliance services: Tax compliance (read more ) Transfer pricing policies Anti-corruption and anti-bribery compliance (read more ) Competition law compliance (read more ) Data Protection compliance (read more ) Labor law and HR administration compliance (read more ) See also our Corporate Governance services (read more ) If you are interested in any of our services and would like to discuss how we may be able to assist you please contact jon.hellevig@hku.ru [Back to top] Awara Purchase Manager an electronic invoicing and anti-corruption compliance tool Our sister firm Awara IT Solutions has developed a unique software package, Awara Purchase Manager, that serves as an electronic invoicing and anti-corruption compliance tool. Here we will tell what Awara Purchase Manager can do for the company controller and other compliance officers. Awara Purchase Manager is an electronic invoice processing system that enables the control of each purchase invoice from initiation to payment. It brings efficiency and order into the process of monitoring purchases and their payments. But Awara Purchase Manager does not only bring paperless efficiency. It comes with a lot of other value-added features. The system enables real-time control of the whole purchase process. It can be made to communicate automatically with your on-line banking system, feeding the system with payment orders and receiving return feedback data of the payments. It enables automatic transfer of purchase data to the financial and tax accounting systems. It enables correct accounting of accruals in IFRS, GAAP, and other international standard reports. It enable transparent management reporting on all aspects of accounts payable. By using Awara Purchase Manager the controller will have easy access to all data that is necessary for approving a payment and monitoring purchases. Together with the scanned invoice you can readily see, for example, to what contract the invoice refers; who initiated the purchase; who approved it; what limits they had; what was delivered and when. After delivery the system helps to track the receipt of all supporting documents that are needed according to Russian laws. With Awara Purchase Manager you can put in place an efficient financial administration function that meets the highest international standards. And this is the only system globally that is especially tailored to meet the needs of the controller to ensure compliance with anti-corruption laws such as the US FCPA, UK Anti-Bribery Act, and the laws based on the OECD Convention on Combating Bribery. Read more about Awara Purchase Manager [LINK THAT OPENS TO APM FOR CONTROLLER BROCHURE] ???????? If you are interested in Awara Purchase Manager please contact gert.hellevig@awara.ru [Back to top] Tax Compliance Services We have invested heavily in standardized processes and innovative technology tools to offer organizations high-quality, cost-effective tax compliance services. Our tax compliance services cover the following areas: Tax accounting as an outsourced service Tax review (initiative audit of your tax situation and risks; Tax Due Diligence / Self Checks) Assisting taxpayer at tax inspections (tax audits by tax office) VAT Compliance VAT Registration VAT disputes Transfer pricing compliance Permanent establishment risk analysis Filing of corporate tax returns/tax declarations (Profit tax, VAT, property tax, land tax, payroll taxes, including employers social and pension contributions) Filing of personal tax returns/tax declarations (Personal Income Tax) Personal wealth management tax compliance Together with Awara Accounting we undertake to provide both corporate clients and private individuals a full service on all tax compliance issues, including full outsourcing of both financial accounting and tax accounting filing of tax returns (tax declarations) – read more about Awara Accounting. Awara Accounting delivers solutions that are designed to assist the organization in its efforts to automate, refine, and support the tax compliance cycle — solutions that enables the company to react in time to avoid a tax dispute. The solutions involve software that enables the client to enhance efficiencies, align data and improve transparency from ERP systems all the way through the reporting and documentation process. If you are interested in any of our services and would like to discuss how we may be able to assist you please contact jon.hellevig@hku.ru [Back to top]