CONFIDERI, a law firm and a multi-family office, offers to its Russian-speaking corporate and private clients all the advantages of this first-class Asian jurisdiction, a recognized world’s top financial center and a leader of the prestigious global rating for Ease of Doing Business. Comfort of doing business worldwide, keeping documents and storing electronic data safely in Singapore, working the way a business owner wants, not the way a service provider is used to, - these are the benefits CONFIDERI intends to provide to its clients from the new Singapore office in partnership with Labwealth.

Singapore, 01-Nov-2012: Russian law firm and multi-family office with the headquarters in Moscow CONFIDERI announces the launch of its first office in Singapore. The firm specializes in corporate and financial services, asset management and personal wealth management solutions. CONFIDERI sees Singapore as a jurisdiction full of advantages and opportunities for its Russian-speaking private and corporate clients with business and personal assets located mainly in Russia, Europe and Cyprus.

Singapore is ranked №1 on the ease of doing business(Doing Business global ranking by The World Bank and International Finance Corporation, 2012). It has one of the best investment potential and the most reliable banking secrecy laws in the world. Next year Singapore will also become the world’s top wealth management centre, according to PricewaterhouseCoopers’s Global Private Banking and Wealth Management Survey 2011. Singapore has signed over 70 double taxation agreements, including the agreements with Russia, Kazakhstan, Ukraine, Georgia. In addition, Singapore normally does not enter into any tax information exchange agreements and keeps locally based company’s business and banking data non-disclosed.

Marat Savelov, CONFIDERI Managing Partner, said, “Singapore is one of the main focuses for CONFIDERI because of the great potential of this jurisdiction for our Russian clients and their businesses. At present, more and more of our clients are looking for a better alternative to offshore jurisdictions. And we have the alternative to offer – it’s Singapore. Alongside our own representative office, we have a trusted partner’s backing there. Labwealth, an unique specialist based in Singapore and oriented on Russian-speaking clients, provides services in company formation and support, as well as in business emigration. Together we offer great practical experience and comprehensive support either in Singapore or in Moscow, always speaking the same language and seeing things in the same way as our clients do.”

Sergey Bogatyrev, Labwealth.com Director and Co-Founder, added, “Our goal is to become a Russian market leader in company and business-structure formation and corporate support in Singapore. Together with CONFIDERI we’re also actively developing business asset solutions and personal wealth solutions service lines. Demand for this Asian first-class jurisdiction will grow further. The supporting factors here are not only the increase of Singapore’s role as the world’s top financial center and the leader of Doing Business global rating or the supreme level of banking secrecy in Singapore. Asia in general is developing to a global economic center, especially when European and American economics decline.”

Besides developing Singapore route for their Russian customers, CONFIDERI and Labwealth also assist businesses from Singapore in evaluating partners in Russia. Working both ways, the firms increase development opportunities and strengthen business connections for their clients.

About CONFIDERI:

CONFIDERI ADVISORY GROUP is a Russian law firm with headquarters in Moscow. The firm specializes in providing its Russian clients services in asset management consulting and private wealth management; formation and support of international and overseas businesses, including mergers and acquisitions (M&A) services; formation of joint ventures with overseas partners; Multi Family Office services. CONFIDERI ADVISORY GROUP’s clients include corporate clients, high-net-worth individual (HNWI), as well as start-up projects. Due to many years' unique experience in international collaborative projects, the firm’s experts and permanent partners in Russia, Singapore, Hong Kong, Switzerland, England, Germany, Austria, USA and other countries deliver the highest level of services.

Press contacts:

Moscow: moscow@confideri.com/ Marat Savelov, managing partner of CONFIDERI:+7-926-810-38-17.

Singapore: singapore@confideri.com/ Sergey Bogatyrev, director of Labwealth.com: +65-9125-6636.