An international IT holding company with entities in Europe and the United States was looking for a secure solution to organize regular payments to employees located in Russia. The client needed a payment infrastructure that complied with bank compliance requirements while avoiding risks to the group’s primary operating companies.
After evaluating the available options, we recommended Serbia as the primary jurisdiction for establishing the payment infrastructure. We prepared the incorporation documents, completed the KYC questionnaires for the banks in advance, arranged the issuance of an electronic signature, handled the company registration, and submitted applications to multiple banks simultaneously to open a corporate bank account.
The client received a fully operational payment infrastructure that enables regular international settlements and salary payments to employees without relying on direct transfers from the group’s European and U.S. companies. The entire structure was designed to comply with bank compliance requirements, while the owner’s involvement was kept to a minimum through advance document preparation and comprehensive support at every stage of the company incorporation and corporate bank account opening process.