In the beginning of 90s Russia opened the doors for the western model of development and since then greatly evolved as a democratic country with the highly developed legal standards based upon the Russian classical legal tradition of continental type of law and export of modern market tendencies from European countries and the US.
It had completely revised and adapted it's civil, administrative, arbitration legislation to cope with market economy standards.
Russia is a country of rapidly growing market and if rising GNP. Russia in 2008 is a country of wide network of double taxation agreements, a member to major international conventions aiming  to fully implement FATF directives and to join WTO.

Founded in 1991 by international group of companies ICSL (Isle of Man) ICSL-Russia for more than 15 years had been providing a broad range of expert legal services in Russia.
Since Russia had been opened as an international market the three pillars of ICSL practice became business law, corporate and tax law. While independently focused on their respective areas of expertise, our professionals work together in cross-disciplinary industry groups or client-dedicated teams to give our clients timely access to our best advice.
In addition to its pre-eminence in corporate and business law, ICSL is recognized for its expertise in intellectual property, immigration, international trade, real estate, advertising and media.

Recognized as a leading, national firm in business law, we draw on extensive experience across a number of industry sectors including automotive, manufacturing, mining, high technology, oil and gas, finance and investment, venture capital and advertising. By understanding the dynamics of various industries, this group provides its clients the best service possible.

Our lawyers help clients assess, evaluate and maintain their company organization and tax structures, advising on officer and director liability issues, negotiating and preparing agreements covering a broad spectrum of commercial arrangements, and counselling on business issues ranging from asset management to corporate expansion. We also provide routine services for our clients, acting as their registered office and filing the necessary documents to keep their organizations up-to-date and in good standing with provincial and federal authorities.

International investment in Russia had been a priority for ICSL company from the start. As key advisors to clients' management teams, our lawyers help public and private clients from abroad navigate their way through the constantly developing and changing legal environment in Russia.
Focusing above all else on results and the development of lasting client-counsel relationships, we take the time to understand our clients' businesses, ask them to define their operational and financial objectives, and most importantly, gauge clients' needs and work with them to develop strategies to respond to the prevailing legal environment from the first steps of accreditation of Representative office in Russia and formation of the first legal entity or purchase of the shares in existing businesses. Every step of the way, our lawyers offer strategic counsel, assessing the legal ramifications of our clients' business growth and financial success. We cradle foreign investment coming to Russia acting not only as high level professionals in law but as a place for interests to meet.

With the increasingly complex nature of corporate regimes and the availability of investment capital from domestic and international sources, Russian companies must ensure that they pursue global opportunities yet comply with the complicated web of local, national and international structures and regulations that govern their operations.

ICSL business transactions practice encompasses a broad range of capital markets, corporate finance, business, commercial and securities law advice to publicly held companies and private businesses. Since our inception, we have advised some of Russian, European, American and Asian most successful companies on domestic and international matters that have cut across several key practice areas. Our clients come from the UK, USA, Switzerland, Germany, Cyprus, Gibraltar, Japan and other countires. In many circumstances, we have served and continue to serve as principal external counsel for major multinational corporations and represent them in all facets of their corporate affairs. In other cases, we have been retained for our specific experience and knowledge in mission-critical transactions involving multiple jurisdictions and billions of dollars.

One of the principal goals in any corporate transaction is to maximize profit while minimizing risk. Achieving that goal requires sound tax advice, given the complexities of the Russian tax system and the range of rules and laws that govern the taxation of domestic and foreign companies. ICSL corporate tax practice provides sophisticated tax planning advice and creative, incisive approaches to transaction structuring. 
Tax is an essential consideration as clients attempt to maximize the return on their investments and operations. With that in mind, our tax lawyers are brought into corporate and commercial transactions at the outset, playing a key strategic role in the formation and negotiation of corporate structures, share offerings, mergers, acquisitions, divestitures, securitizations and the preparation of a wide range of business agreements. 

Acting as trusted advisors of our clients' management teams, our strategic approach to providing legal advice is tailored to our individual clients and is in tune with today's business challenges and best practices in corporate governance.