Russian Assets & Branch Maintenance
Who can take care of your Russian branch, assets or legacy entity?
Many companies have formally exited or reduced their Russian operations. But in practice, the story often does not end with the exit announcement.
Russian branches, subsidiaries, bank accounts, blocked cash, real estate, inventory, tax filings, local representatives, PoAs, contracts or accounting obligations may still remain.
I help CFO, Legal, Tax and Compliance teams keep such situations under control — from a practical interim CFO perspective.
Branch & Entity
Russian branches, subsidiaries, dormant legal entities, PoAs, directors and local representatives.
Assets & Cash
Blocked cash, bank accounts, real estate, inventory, receivables and asset preservation options.
Local Filings
Accounting, tax, statutory, statistical filings, banking/KYC and HQ reporting requirements.
Typical situations I support
Your company may need support if you still have:
- a Russian branch, subsidiary or dormant legal entity;
- blocked cash, local bank accounts or unresolved KYC requirements;
- real estate, inventory, equipment or receivables in Russia;
- open tax, accounting, statistical or statutory filings;
- local representatives, PoAs, directors or service providers;
- unresolved lease, asset, customer, supplier or intercompany contracts;
- liquidation, shutdown, controlled maintenance or re-entry optionality questions.
A formal Russia exit does not always remove the need for local finance control.
What I can take care of
Russia branch and entity maintenance
Coordination of local accounting, tax filings, statutory reporting, local advisers, service providers, bank/KYC requirements and HQ reporting.
Asset and cash visibility
Review and monitoring of blocked cash, bank accounts, real estate, inventory, receivables, payables, intercompany balances and asset preservation options.
Local compliance coordination
Practical coordination between headquarters, local accountants, tax advisers, legal counsel, auditors, banks and local representatives.
Controlled exit or shutdown support
Support for liquidation, dormant status, closure of branches or subsidiaries, local filings, funding mechanics and risk documentation.
Board-ready reporting
Clear status summaries, risk maps, action lists and decision papers for CFO, Legal, Tax, Compliance or Board-level discussion.
What I do not do
I do not provide sanctions legal advice and I do not support sanctions circumvention.
My work focuses on finance, governance, local compliance coordination, exposure mapping, asset visibility and practical interim CFO execution. Where sanctions or legal interpretation is required, I work alongside legal and sanctions counsel.
Why this matters
Residual Russian exposure can create risk even when the operating business has stopped.
In many cases, the issue is not whether to return to Russia. The issue is whether the company still understands, controls and documents what remains.
- missed local tax or statistical filings;
- loss of control over local bank accounts or assets;
- unclear PoA or local representative status;
- blocked cash with no monitoring process;
- reputational risk due to unclear local structures;
- loss of future options because no one maintains the file.
Typical deliverables
Need practical support with a Russian branch, asset or legacy entity?
If your company still has Russian assets, a branch, subsidiary, blocked cash, local filings or unresolved obligations, let’s discuss the practical next steps.
Discuss Your Russia/CIS Exposure