A full range of legal services and support for businesses of any size
We open, maintain, optimize taxes, prepare contracts and agreements, accompany transactions of any complexity and obtain licenses
Ready-to-sell companies with a full set of documents
We will help you buy a ready-made company, with a set of documents, open accounts and licenses
A comprehensive solution for getting crypto licenses
We obtain licenses for cryptocurrency exchange, crypto wallets, crypto processing, management of crypto assets and crypto funds
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Cases
Organization of a recording studio in the UAE
Task
Operate the recording studio MBP STUDIO LLC (instagram.com/mbpodcast_studio) from a legal point of view and ensure the protection of investors for the participation and division of the studio’s profits. Regulate the distribution of assets and the role of the project’s principals before and after launch.
Solution
A set of agreements has been drawn up, namely an investment partnership agreement and a corporate agreement between the participants. The work of the studio has been established and there is a clear distribution of income for the future. Instructions and recommendations were also given on the work of the studio in accordance with the laws of the UAE and international legislation in terms of advertising and attracting clients from all over the world.
Diana Gulevskaya
Diana Gulevskaya
13.03.2024
Opening an IT Company and Corporate Account
Task
We need a company for software development and sales. The projected annual profit is from $500,000 USD. We require a local bank account, the ability to accept payments from users worldwide, and maximum tax optimization.
Solution
The company is registered as an FZCo type in the Freezone IFZA within Dubai, UAE. The location was chosen for the founder's logistical convenience. A license for Computer Systems & Communication Equipment Software Design has been obtained. Two local bank accounts were opened within 1.5 months. A UAE residence visa (VNR) for the founder has been obtained. Execution Time: 2.5 months.
Lidia Ivanova
Lidia Ivanova
30.07.2023
Crypto Asset Management
Task
A company is needed to manage cryptocurrency in clients' accounts and accept payments from users worldwide in cryptocurrency for management on its own account.
Solution
The company is registered in Estonia, and it has obtained a crypto asset management license from the financial regulator. The process took 3 months. AML and KYC policies were developed for operations, a local office was selected, and an AML officer was hired.
Diana Gulevskaya
Diana Gulevskaya
Publications
09.04.2025, 11:26
International Capital Amnesty Programs: Legalization of Assets in the Legal Field
Modern tax systems are rapidly moving towards full transparency. Automatic exchange of financial data (CRS), tightening control over foreign assets and new tax reporting requirements make it impossible to hide income abroad without serious consequences. In these conditions, timely legalization of previously undeclared assets becomes not only a way to avoid fines and sanctions, but also an opportunity to build a transparent financial strategy for the future.
07.04.2025, 11:20
USDT Delisting: Reasons, Consequences, and Recommendations for Investors
USDT (Tether) delisting from European exchanges has already begun, and in the US, regulators are increasingly considering tightening control over this stablecoin, which creates uncertainty for private investors and businesses. The international law firm Antwort Law works with a large number of crypto entrepreneurs and projects, so we always monitor the latest changes in this area and are ready to help understand the current situation. In this article, we will take a detailed look at the reasons for possible delisting, the current state of USDT, potential scenarios for the development of the situation, and also provide key recommendations for investors and businesses.
02.04.2025, 11:37
How can freelancers and IT entrepreneurs expand their business opportunities abroad?
The world of digital technologies opens up many opportunities for entrepreneurs and freelancers to do business outside their country. It is important to choose the right jurisdiction for company registration, know the conditions for working as a freelancer and use advantageous visa programs. Antwort Law has prepared a selection of useful materials for you that will help you understand these issues.
31.03.2025, 10:25
How to successfully do business in the UAE: a selection from Antwort Law
The UAE is one of the most promising jurisdictions for business, offering favorable conditions for entrepreneurs from all over the world. However, success depends on the right choice of niche, understanding of legal nuances and competent organization of processes. Antwort Law has prepared for you a selection of useful materials and a real case that will help you understand the key aspects of doing business in the UAE.
26.03.2025, 11:21
How to get the "Made in EU" label for your products: steps to success in international markets
The "Made in EU" label is a powerful tool for businesses looking to conquer international markets. It's not just a mark on a label, but an important factor that increases competitiveness and trust in your product. For many consumers, it's a guarantee of high quality, safety and compliance with European standards.
19.03.2025, 14:31
"Made in UAE" Label: Your Opportunity to Enter New Markets
The "Made in UAE" label is not just a label on the packaging, but the key to international recognition. It confirms the high quality of the products, opens up access to free trade agreements and gives a competitive advantage in global markets.
17.03.2025, 12:32
Crypto Companies in El Salvador: Taxes, Reporting, and Auditing
El Salvador became the first country in the world to recognize Bitcoin as an official means of payment, which attracted the attention of crypto companies from all over the world. Liberal tax policies and a business-friendly environment have made the country an attractive destination for crypto companies. Despite its advantages, doing business in El Salvador requires compliance with a number of tax and accounting obligations that are necessary for proper operation and compliance with the law. Let's figure out what taxes and reporting and auditing obligations apply to crypto companies in El Salvador.
12.03.2025, 11:58
International Lawyer (Remote)
Salary: $2,000 net, plus $100 bonus for each successfully opened account. During the probationary period (up to 3 months), the salary is $1,500. The probationary period may be completed earlier depending on the results.
10.03.2025, 12:50
March 8 and women's rights in the UAE: modern opportunities for business and women's lives in Dubai
International Women’s Day is not only a holiday, but also an occasion to remember the progress made in the field of women’s rights. In the United Arab Emirates, a country with deep Muslim traditions, many positive changes have taken place in recent years that make life and work easier for women, especially foreign women. In this article, we will talk about what restrictions existed before, what opportunities have appeared now, and how the Antwort Law team helps women resolve legal issues in the UAE.
05.03.2025, 14:28
Certification of fertilizers (agrochemicals) for sale on the Kyrgyzstan market
In the agricultural business, certification of agrochemicals is a complex and lengthy process, without which it is impossible to bring a product to the market. Errors in documents, non-compliance with requirements or delays in deadlines can lead to financial losses and a halt in sales. Our client faced exactly such difficulties: the process of collecting documents was delayed.
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Feel free to call, ask a question or leave a comment, because the introductory consultation is free!
FAQ
Do I need a financial institution license?
There is a wide variety of financial companies involved in regulated activities. Most of them require an appropriate license.
How long does it take to open a corporate account abroad?
Opening a foreign corporate account takes from 2 weeks to 3 months. This is due to the requirements of financial regulators for banks and payment systems to conduct thorough and multi-stage checks of their clients. The final account opening time depends on various factors, such as the country, the type of business, the choice of the bank, the nationality of the founder and director, public information about them and the company, the availability of a complete set of documents, and other factors.
Why does the bank refuse to open an account?
The reasons can be diverse, but the four most common ones are: 1. Errors in document preparation. 2. Incomplete data, brief and unconvincing answers, lack of logic and structure in responses, and the absence of a well-thought-out company history. 3. The nationality of the founders and/or directors. 4. The company's activities or insufficient turnover. For example, it can be challenging for cryptocurrency companies to open an account due to the nature of their business, and many banks evaluate the potential turnover of the company during the selection process.
What to do if the bank requests a source of funds?
Provide documents that confirm the source of funds with which you will be depositing money into your account and conducting business. The most reliable sources are those that are officially documented and have had taxes paid on them. If you received funds from the sale of cryptocurrencies, which are not regulated at the legislative level in many countries, provide a statement from the exchange. In some cases, you may also need a lawyer's opinion or a certificate from government organizations.
Can a loan agreement be used as proof of the source of funds?
We do not recommend using loan agreements as proof of the source of funds. The common practice is that most banks do not accept such documents as adequate justification for the source of funds or they may ask numerous additional questions that would require gathering even more information. For example, documents about the lender, confirmation of their source of funds, as well as how and when you intend to repay this loan.
In what cases do banks request proof of the source of funds?
The source of funds is one of the most common requests from a bank, and the response to this request influences the decision to open an account and its subsequent operation. Typically, banks make this request in two scenarios. Firstly, when opening an account: the bank wants to know the sources from which you intend to make your initial deposit. Secondly, in the case of significant transfers between personal and corporate accounts: even if it's your company, you will need to specify the source of funds in your personal account.
Is it normal for a bank to send questions about your payments?
Yes, don't worry, this is a common practice for banks. They have the right to request any information regarding your payments. We recommend responding to all questions as accurately and promptly as possible.
How detailed should the responses to bank inquiries be?
It's best to respond directly to the specific question asked, without delving into unrelated areas. This way, you won't provide unnecessary information or arouse additional interest, while still addressing the banker's inquiry.
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