A wallet company saved $1.6M on taxes

A private client approached VM.Capital with the goal of establishing a personal fund to manage international operations efficiently. The key needs included reducing tax liabilities, ensuring the ability to make payments in any currency (including Russian rubles), and structuring profits in a way that allowed both reinvestment and transparent dividend distribution.

VM.Capital developed and implemented a comprehensive solution. A company was established under the simplified tax system with no turnover limits, allowing for legal and flexible international operations. Our team provided full accounting and secretarial services, while multi-currency accounts were opened to facilitate settlements with global partners.

The results were remarkable. The company generated revenue from services, accumulated profits without currency control, and saved $1.6 million in taxes. Dividends could be distributed in USD at a 0% tax rate, while ruble payments remained available for convenient regional operations. VM.Capital successfully built a reliable personal fund structure that enhanced efficiency, minimized risks, and delivered significant tax benefits for the client’s international business activities.