Exporting mineral fertilisers from Ukraine
The beneficiary, a Ukrainian tax resident, planned to buy mineral fertilisers in Ukraine for export to Asia, the Middle East and North Africa, with turnover of $10–100M. An operating company was needed for international activity, providing legal dividend distribution and confidentiality for the owner.
We analysed the client's needs and proposed three jurisdictions for setting up a company:
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UAE (DMCC Free Zone): 0–9% tax, protection from CRS exchange, specialisation in commodities trading.
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Cyprus: 12.5% corporate tax, 0% on dividends for non-residents, support for nominee services.
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Hong Kong: 8.25–16.5% profit tax, no dividend tax, convenient for working with Asia.
The client received a detailed consultation with transparent recommendations on choosing a jurisdiction, taking into account the geography of their clients, the level of confidentiality and the cost of maintaining the company. This allowed them to make an informed decision and build an effective international structure.
The challenge
The solution
The result
