Family Line Consult

!important FLC will become your personal legal advisor, will take care of the safety of your business deals with partners, clients or investors. Correctly formalized agreements secured by a transaction are a guarantee that you will not lose your money.

!important We provide effective advice and timely solutions fully corresponding to the client's request, and we are aware of all business challenges arising because of local and international law peculiarities.

Legal and tax support for international business

• Registration of companies abroad;
• Tax and legal support of companies in various jurisdictions;
• Criminal defense of business;
• Defense of suspects and accused in criminal cases at the stage of preliminary investigation and in courts of all instances;
• Lawyer investigations and criminal legal expertise of business projects.

Support of bankruptcy procedure for legal entities and individuals

• Preparation and initiation of bankruptcy proceedings;
• Defense of owners and top management in case they are pursued to subsidiary liability and shall recover the losses.

Support of private clients

• Dispute resolution and advice on residential and commercial real estate matters;
• Wealth transfer, inheritance and probate planning.

Dispute Resolution

• Pre-trial dispute resolution;
• Court representation;
• Legal expertise of disputable situations;
• Assessment of prospects for resolution of court disputes;
• Legal defense in isolated disputes in bankruptcy cases.

!important FLC's qualified experts provide a wide range of services aimed at effective management of multi-profile assets.

!important Using an individual approach to each client, we develop and implement unique solutions to preserve and increase our clients' capital.

Asset management, protection and structuring

• Comprehensive advice on asset management, protection and structuring of assets and capital transfers for individuals and businesses, as well as minimization of tax and management risks, taking into account the specifics of the laws used in the chosen jurisdiction.

Capital diagnostics and digitization, software development and implementation

• Diagnostics and digitization of capital;
• Development and implementation of comprehensive software for effective management of client assets, personal finances and real estate.

Establishment and management of companies, trusts and holdings

• Establishment and management of companies, trusts and holdings in foreign jurisdictions to enhance asset protection and optimize taxation.

Supporting transactions on sale, acquisition/ divestment of assets

• Conducting due diligence of contracts prior to transactions;
• Support in the sale and acquisition of companies;
• Supporting transactions with movable and immovable property in various jurisdictions.

Acquisition, management and optimization of international real estate portfolios

• Comprehensive support in acquiring, managing and optimizing international real estate portfolios, ensuring maximum return and capital protection.

!important Having a high level of expertise and professionalism, FLC specialists will help you make reasonable investment decisions that will help minimize potential losses and maximize the efficient management of available funds.

Testing the client’s current financial strategy

• Comprehensive assessment of financial strategy and investment decisions;
• Analyzing corporate financial statements;
• Performing fundamental market analysis.

Creation of investment strategy and portfolio management

• Effective management of a wide portfolio of securities/ real estate/ cryptocurrency/ venture capital investments customized to the client's interests and objectives.

Financial and investment planning

• Multigenerational financial and investment planning.

Investment project development and management

• Development of investment projects involving possible tax optimization to maximize returns;
• Investment project management.

!important Cross-border payments are one of the most urgent and topical problems, which we have to face more and more often both when solving private issues and business tasks. FLC has all the necessary infrastructure and subject matter expertise to help you successfully process payments within the required timeframe.

Opening and management of bank accounts abroad

• Opening and management of company bank accounts with banks in various jurisdictions, including UAE, Switzerland, etc.

Payment for goods and real estate abroad

• Advice and support in resolving issues of payment for goods and real estate abroad.

Sanction restrictions

• Advice and support in resolving issues related to sanction restrictions.

Offshore/Onshore

• Advice and support in dealing with offshore/onshore issues.

Foreign Exchange Regulation

• Advice on foreign exchange regulation.

!important The specialized consulting service provided by the FLC team will help you not only to easily navigate the market of digital currencies and assets, but also not to worry about the security of your transactions. Today, the issue of transparency and security when dealing with digital financial assets is even more acute.

Most advanced FinTech tools

• Advice and support in adapting the most advanced FinTech tools;
• Ensuring transparency in cryptocurrency transactions;
• Verifying the "clarity" of digital financial assets;
• Determining if there are "sanctions’ consequences".

Data Security

• Ensuring data security and protection from fraudsters.

FinTech Startup Services

• Providing comprehensive services for financial technology and blockchain startups.

Instant Asset Transfer

• Instant asset transfer using advanced financial tools and technologies.

!important FLC provides its clients with a unique opportunity not to be burdened with household tasks that take up our clients' most valuable resource, i.e. time. Entrust the professionals with a prompt and absolutely seamless and perfect solution to your daily tasks and pressing issues.

Visa service and language support

• Preparation and submission of documents for visas for all popular destinations;
• Interpreter services and necessary guides abroad.

Personnel search and selection of educational and medical institutions

• Personnel recruitment: search and training of the assistants required, anywhere in the world;
• Selection of educational and medical institutions abroad.

Booking Services

• Booking hotels and restaurants;
• Organization of excursions;
• Booking and purchase of tickets for events.

Corporate services

• Organization of business meetings, conferences, seminars and other corporate events;
• Transportation services;
• Organization of transfers;
• Search for highly qualified drivers.

Successfully defended the Bank's interests in a case for recovery of USD 20,000,000 under a Contract of Guarantee.

Due to the loss of the original contract, it took more than 3 years to collect and provide proper evidence in court.

The case being investigated, emails containing fragments of the Contract of Guarantee were found. A technical forensic and handwriting expertise ruled by court found the copies of the documents provided by the Bank and digital email copies to be identical, which in aggregate confirmed the fact the Contract of Guarantee had been concluded.

Circumstantial evidence and witness testimony used, it was possible to convince the court that obligations between the parties existed in fact and the debtor would have to pay over USD 20,000,000.

Case reference

The FLC team represented the interests of the shareholders of a company against the former CEO of the company.

FLC became involved in the case during the period when the company had failed for a long time to initiate criminal proceedings against the former CEO who had committed embezzlement on a particularly large scale by making a bargain contrary to the economic interests of the company with counterparties affiliated to him as an individual.

The FLC team managed to initiate a criminal case in the shortest possible time due to prompt preparation and providing sufficient evidence to the investigative bodies.

Further, during preliminary investigation, the former CEO of the company was justifiably charged with an offense and sentenced to imprisonment.

Currently, work is continuing to recover the amounts in accordance with the court order.

!important Formation of a new corporate structure for a foreign manufacturing company to ensure uninterrupted supply chains

FLC's client, a foreign manufacturing company, faced challenges in making cross-border payments to suppliers of spare parts and other goods necessary to ensure a continuous production cycle.

FLC had to create for the client a new corporate structure that would allow for international payments under sanction restrictions.

One of the objectives set for FLC experts was to analyze the terms of the current sanction restrictions and drafts of the forthcoming EU and US sanction packages.

As the result of the analysis, a complex corporate structure was formed and settlement accounts were successfully opened in Central Asia, the Balkans and Eastern Europe.

The implementation of these measures provided the client with the opportunity to make timely mutual settlements dealing with key suppliers of the purchased goods.

!important Legal support of introducing Indian company MassMed medical items to the Russian market.

FLC provided legal support within the process of MassMed (an Indian company) introduction to the Russian market.

As part of the preparatory work, FLC experts conducted an in-depth analysis of the market, which allowed to form the necessary basis for the centralized launch of currently scarce medical products used in surgery and post-operative rehabilitation on the Russian market.

FLC experts helped to prepare all the necessary documents and accompanied the client through all the mandatory registration activities with Roszdravnadzor and other state authorities.

At the same time, FLC established several legal entities for the client to provide an opportunity for them to operate on the territory of the Russian Federation. Also, FLC prepared and implemented the required internal documentation so the client’s company could further participate in the procurement procedures within the local legislation.

!important Making a payment of over €4 million to a manufacturing plant in Italy

FLC had the task to provide payments for foreign raw materials under sanction restrictions and under the condition that direct payments from a Russian legal entity were impossible.

Thanks to our developed international group of companies, we were able to make timely payment and prepare all the documents necessary for concurrent import of raw materials into the Russian Federation.

!important Sale of a vintage car in Europe for more than €900,000

FLC’s task was to take payment for a vintage car from a car dealer in the Netherlands. However, the car dealer refused to make transfers to individuals or legal entities affiliated with the Russian Federation.

Using a well-developed structure of legal entities in various jurisdictions, FLC managed to accept payment from the car dealer and ensure timely transfer of funds to the client's bank account.

All procedures and transactions were carried out within the law. The client also retained a confirmed justification of income.

!important A conservative asset portfolio management scenario with a return of 20-30 percent per annum

FLC was tasked to preserve the client's capital with a return that would exceed inflation level.

Since at that time the client lived in the zone where rubles are used, the bottom line in rubles was important, as well as preserving assets’ liquidity.

First of all, in order to mitigate geopolitical risks, the decision was made to keep available assets in dollars that would provide positive profitability dynamics and getting some profit within a year.

FLC experts could assemble an optimal portfolio of US government and corporate bonds. As a result, the client got an annual yield of 5-7 percent per annum in dollars with a potential growth of the invested amount by 20 percent during the next two years.

Taking into account the expected growth of the dollar, the yield in rubles is about 20-30 percent per annum and in dollars - 16 percent per annum.

!important A super-return scenario for managing a portfolio of assets with a 65 percent per annum return in currency

FLC's client wished to maintain the same living standard despite the sale of a business stake, through a return on deposits of at least 34 percent per annum in foreign currency. Such an ambitious goal, in addition to investing in bonds, implies active portfolio management.

One possible strategy is to actively invest in quickly developing industries. Thus, FLC experts suggested that the client consider active investing in the following areas: cybersecurity, semiconductors, metallurgical coal production, as well as acquiring dividend aristocrats during a period of market decline.

We have also been able to participate in multiple IPOs, exposing FLC's client to opportunities not available to over 95 percent of investors in the market.

It is also important to mention that the starting point for developing the target was January 2020, marked by the COVID-19 pandemic.

The result of the strategy developed was a return of 65 percent per annum in currency.

!important Efficient management of dividends from own business with a yield of 20-25 percent per annum in currency

FLC's task was to develop a strategy for efficient investment of dividends from own business with significant yield and minimal risks.

FLC experts made a portfolio of different asset classes - stocks, bonds, ETDs. We managed to create a diversified portfolio of stocks covering various sectors, including such actively developing industries as green energy, electric vehicles and other related areas.

Dividend aristocrats with stable income were also included in the portfolio. About 25 percent of the portfolio was invested in bonds of US companies yielding about 6-8 percent per annum. Given that the bonds were purchased against a backdrop of high US key rates, we expect the bond cost itself to rise.

The result of the chosen strategy was a yield of about 20-25 percent per annum in currency for more than five years.

!important Real Estate Acquisition in the UAE

FLC was challenged to assist payment for several apartments with minimal costs. Together, these apartments took an entire floor in a luxury residential complex under construction in Dubai.

The key problem was that the client only had cash in rubles, that money being in one of the regions of the Russian Federation.

With the help of blockchain technology and our own infrastructure of legal entities in Dubai, cash was accepted in the desired region of the Russian Federation and real estate was bought, payment being in dirhams.

Based on a comparative analysis of our transaction with offers from representatives of the developer, we found that the total benefit to the client amounted to 2.8 percent, which was equal to more than USD 220,000.

!important Personal Data Processing Policy

1.  General Provisions

This policy for the processing of personal data is drafted in accordance with the requirements of Federal Law No. 152-FZ of July 27, 2006, "On Personal Data" (hereinafter referred to as the "Personal Data Law") and defines the procedure for processing personal data and measures to ensure the security of personal data undertaken by Family Line Consult (hereinafter referred to as the "Operator").

1.1.  The Operator considers compliance with the rights and freedoms of individuals when processing their personal data, including the protection of the rights to privacy, personal, and family secrets, as its paramount goal and condition for conducting its activities.

1.2.  This Operator's policy regarding the processing of personal data (hereinafter referred to as the "Policy") applies to all information that the Operator may obtain about visitors to the website http://familylineconsult.com.

2. Key Concepts Used in the Policy

2.1.  Automated processing of personal data - processing of personal data using computer technology means.

2.2.  Blocking of personal data - temporary cessation of personal data processing (except in cases where processing is necessary to clarify personal data).

2.3.  Website - a collection of graphical and informational materials, as well as computer programs and databases that provide their availability on the Internet at the network address http://familylineconsult.com.

2.4.  Information system of personal data - a set of personal data contained in databases and providing their processing through information technologies and technical means.

2.5.  Anonymization of personal data - actions that make it impossible to determine the affiliation of personal data to a specific User or another subject of personal data without using additional information.

2.6.  Processing of personal data - any action (operation) or a set of actions (operations) performed with personal data using automation tools or without using such means, including collection, recording, systematization, accumulation, storage, clarification (updating, modification), retrieval, use, transmission (distribution, provision, access), anonymization, blocking, deletion, destruction of personal data.

2.7.  Operator - a state authority, municipal authority, legal entity, or individual who independently or jointly with others organizes and/or carries out the processing of personal data, as well as determines the purposes of personal data processing, the composition of personal data subject to processing, actions (operations) performed with personal data.

2.8.  Personal data - any information directly or indirectly related to a specific or identifiable User of the website http://familylineconsult.com.

2.9.  Personal data allowed for distribution by the subject of personal data - personal data that can be accessed by an unlimited number of persons with the consent of the subject of personal data for the processing of personal data, as provided by the Personal Data Law (hereinafter referred to as "personal data allowed for distribution"). 2.10. User - any visitor to the website http://familylineconsult.com.

2.11.  Provision of personal data - actions aimed at disclosing personal data to a specific person or a specific group of persons.

2.12.  Distribution of personal data - any actions aimed at disclosing personal data to an indefinite group of persons (transfer of personal data) or making personal data available to the public, including by publishing personal data in mass media, placing it in information and telecommunications networks, or providing access to personal data in any other way.

2.13.  Cross-border transfer of personal data - the transfer of personal data to the territory of a foreign state to the authority of a foreign state, a foreign individual, or a foreign legal entity.

2.14.  Destruction of personal data - any actions that result in the irreversible destruction of personal data with the impossibility of further restoring the content of personal data in the information system of personal data and/or the destruction of material carriers of personal data.

3. Basic Rights and Obligations of the Operator

3.1. The Operator has the right to:

●      Receive accurate information and/or documents containing personal data from the subject of personal data.

●      In the event of the withdrawal of consent by the subject of personal data for the processing of personal data, as well as the submission of a request for the termination of the processing of personal data, the Operator may continue processing personal data without the consent of the subject of personal data if there are grounds specified in the Personal Data Law.

●      Independently determine the composition and list of measures necessary and sufficient to ensure the fulfillment of obligations provided for by the Personal Data Law and regulations adopted in accordance with it, unless otherwise stipulated by the Personal Data Law or other federal laws.

3.2.  The Operator is obligated to:

●      Provide the subject of personal data, upon request, with information regarding the processing of their personal data.

●      Organize the processing of personal data in accordance with the current legislation of the Russian Federation.

●      Respond to requests and inquiries from subjects of personal data and their legal representatives in accordance with the requirements of the Personal Data Law.

●      Provide the necessary information to the authorized body for the protection of the rights of subjects of personal data upon request from that body within 10 days from the date of receiving such a request.

●      Publish or otherwise provide unlimited access to this Policy regarding the processing of personal data.

●      Take legal, organizational, and technical measures to protect personal data from unlawful or accidental access to them, destruction, alteration, blocking, copying, provision, distribution of personal data, as well as from other unlawful actions with regard to personal data.

●      Cease the transfer (distribution, provision, access) of personal data, terminate the processing, and destroy personal data in accordance with the procedures and cases provided for by the Personal Data Law.

●      Fulfill other obligations stipulated by the Personal Data Law.

4. Basic Rights and Obligations of Personal Data Subjects

4.1. Personal data subjects have the right to:

●      Obtain information related to the processing of their personal data, except in cases provided for by federal laws. The information is provided to the personal data subject by the Operator in an accessible form and should not contain personal data related to other personal data subjects, except when there are legal grounds for disclosing such personal data. The list of information and the procedure for obtaining it are established by the Personal Data Law.

●      Demand that the Operator clarify their personal data, block or delete it if the personal data is incomplete, outdated, inaccurate, unlawfully obtained, or no longer necessary for the stated processing purposes, and take legal measures to protect their rights.

●      Impose a requirement for prior consent when processing personal data for marketing purposes.

●      Withdraw their consent to the processing of personal data, as well as submit a request to terminate the processing of personal data.

●      Challenge the unlawful actions or inaction of the Operator in processing their personal data to the authorized body for the protection of the rights of personal data subjects or in court.

●      Exercise other rights provided for by the legislation of the Russian Federation.

4.2.  Personal data subjects are obligated to:                                                                                     

●      Provide the Operator with accurate information about themselves.

●      Inform the Operator about updates, modifications, or changes to their personal data.

4.3.  Individuals who provide the Operator with false information about themselves or information about another personal data subject without their consent are held responsible in accordance with the legislation of the Russian Federation.

5.  Principles of Personal Data Processing

5.1. The processing of personal data is carried out on a lawful and fair basis.

5.2.  The processing of personal data is limited to achieving specific, predetermined, and lawful purposes. Processing of personal data that is incompatible with the purposes of collecting personal data is not allowed.

5.3.  The merging of databases containing personal data, the processing of which serves incompatible purposes, is not permitted.

5.4.  Only personal data that corresponds to the purposes of their processing is subject to processing.

5.5.  The content and scope of processed personal data correspond to the declared purposes of processing. Redundancy of processed personal data in relation to the stated purposes of processing is not allowed.

6. Purposes of personal data processing

Purpose of processing: Providing User accessto services, information and/or materials contained on the Web site

Personal data

●  first name, firstname, patronymic

●  email address

●  phone numbers

●  year, month, dateand place of birth

Legal grounds

●  statutory (foundation) documents Operator

Types of treatment personal data

●  Collection, recording, systematization, accumulation, storage, destruction and depersonalization of personaldata

7. Conditions for the Processing of Personal Data

7.1. Personal data processing is carried out with the consent of the personal data subject to process their personal data.

7.2.  Personal data processing is necessary to achieve the purposes provided for by an international treaty of the Russian Federation or by law, to perform the functions, powers, and duties imposed by the legislation of the Russian Federation on the Operator.

7.3.  Personal data processing is necessary to administer justice, execute a court order, an act of another authority or official that must be enforced in accordance with the legislation of the Russian Federation on enforcement proceedings.

7.4.  Personal data processing is necessary to fulfill a contract, where the subject of personal data is a party, a beneficiary, or a guarantor under the contract, or to conclude a contract at the initiative of the subject of personal data, where the subject of personal data will be a beneficiary or guarantor.

7.5.  Personal data processing is necessary to exercise the rights and legitimate interests of the Operator or third parties, or to achieve socially significant goals, provided that it does not violate the rights and freedoms of the personal data subject.

7.6.  Personal data processing is carried out for personal data that is made publicly available by the personal data subject or at their request (hereinafter referred to as "publicly available personal data").

7.7.  Personal data processing is carried out for personal data that must be published or disclosed in accordance with federal law.

8.  Procedure for the Collection, Storage, Transfer, and Other Types of Processing of Personal Data

The security of personal data processed by the Operator is ensured through the implementation of legal, organizational, and technical measures necessary to fully comply with the requirements of the current legislation in the field of personal data protection.

8.1.  The Operator ensures the security of personal data and takes all possible measures to prevent unauthorized access to personal data.

8.2.  The User's personal data will never be transferred to third parties under any circumstances, except for cases related to the execution of current legislation or in cases where the personal data subject has given their consent to the Operator to transfer data to a third party for the performance of obligations under a civil contract.

8.3.  In case of inaccuracies in personal data, the User can update them independently by sending a notification to the Operator at the email address info@flconsult.org with the subject "Updating personal data."

8.4.  The processing period of personal data is determined by the achievement of the purposes for which personal data were collected, unless a different period is provided by the contract or current legislation. The User can withdraw their consent for personal data processing at any time by sending a notification to the Operator via email to the Operator's email address info@flconsult.org with the subject "Withdrawal of consent for personal data processing."

8.5.  All information collected by third-party services, including payment systems, communication means, and other service providers, is stored and processed by these entities (Operators) in accordance with their User Agreement and Privacy Policy. The personal data subject should review and agree to these documents. The Operator is not responsible for the actions of third parties, including service providers mentioned in this paragraph.

8.6.  Prohibitions on the transfer (except for providing access), processing, or processing conditions (except for gaining access) of personal data allowed for distribution do not apply when personal data is processed in the interests of the state, public, and other public interests as determined by the legislation of the Russian Federation.

8.7. The Operator ensures the confidentiality of personal data during their processing.

8.8.  The Operator stores personal data in a form that allows identifying the subject of personal data for no longer than is required by the purposes of processing personal data, unless the storage period of personal data is established by federal law, a contract, one of the parties to which, the beneficiary, or the guarantor under which is the subject of personal data.

8.9.  The termination of personal data processing may be triggered by the achievement of the purposes of processing personal data, the expiration of the consent of the personal data subject, the withdrawal of consent by the personal data subject, or a request to terminate personal data processing, as well as the identification of unlawful processing of personal data.

9.  List of Actions Performed by the Operator with Obtained Personal Data

9.1.  The Operator carries out the collection, recording, systematization, accumulation, storage, clarification (updating, modification), retrieval, use, transmission (distribution, provision, access), depersonalization, blocking, deletion, and destruction of personal data.

9.2.  The Operator performs automated processing of personal data with the receipt and/or transfer of the obtained information through information and telecommunication networks or without them.

10.  Transborder Transfer of Personal Data

10.1.  Before commencing activities related to the transborder transfer of personal data, the Operator must notify the authorized body for the protection of the rights of personal data subjects of their intention to carry out the transborder transfer of personal data (such notification is sent separately from the notification of the intention to process personal data).

10.2.  Prior to submitting the aforementioned notification, the Operator is obligated to obtain relevant information from the authorities of a foreign state, foreign individuals, and foreign legal entities to which the transborder transfer of personal data is planned.

11.  Confidentiality of Personal Data

The Operator and other individuals who have access to personal data are obligated not to disclose personal data to third parties and not to distribute personal data without the consent of the personal data subject unless otherwise provided by federal law.

12.  Final Provisions

12.1.  The User can obtain any clarifications on matters of interest related to the processing of their personal data by contacting the Operator via email at info@flconsult.org.

12.2.  Any changes to the policy for processing personal data by the Operator will be reflected in this document. The policy is valid indefinitely until it is replaced by a new version.

12.3.  The current version of the Policy is freely available on the Internet at the following address: https://familylineconsult.com/