Services

2| Secretarial services

We make it possible for you to receive all letters, with direct forwarding to the designated email address. At the same time, all received mail is permanently stored and thus your business archive is formed.

The risks of non-compliance with local regulations are considerable and can have serious consequences for organizations and individuals holding management positions in such organizations.

Parafo will assume responsibility for:

• maintaining the business data and processes of the company prescribed by the law;
• routine changes, such as changing directors.

In addition, Parafo can offer assistance and support to corporate bodies regarding: keeping records of meetings of corporate bodies and committees, scheduling meetings, establishing meeting agenda, circulation and delivery of meeting documents, arranging and conducting the transfer of shares and stocks as well as keeping a book of business shares.

Finally, we can assist with dissolution and liquidation of entities that are no longer required (stationary) or no longer needed, whether concerning the closure of an individual entity or the closure of multiple branches and representative offices and companies in multiple jurisdictions.

3| Extraordinary management

In extraordinary, but also ordinary situations there is a need for the appointment of specialised persons in governing bodies of your company. It primarily relates to management board members (directors), but also supervisory board members and procurators. This need often occurs during establishment of a company, until compatible professionals are not appointed or found. Need may also occur in case of establishment of special purpose vehicles, which are often of limited duration.

Further, appointment of ordinary management board may prove to be difficult during extraordinary situations (e.g. coronavirus). This may raise issues especially in cases where current management board is revoked or should be revoked. Parafo with its team of specialists may help you in resolving such situations.

Finally, during conflict between shareholders there is a possibility of inability to render decisions. In such situations, until conflict is resolved, our professionals may help you.

Please check our anonymised list of professionals who may be of help.

4| Advisory services

Assessment of the legal environment
When you enter on new markets, adoption of informed decisions is crucial. We can, in a redefined and methodologically precise way, give you overview of legal framework and (economic) impact of certain regulations.

Economic and political influence on business
We help you to gain more clear understanding of GDP, trade, policy development and other indicators which affect the economic and political surroundings of global market.

Anti-money laundering
Parafo offers anti-money laundering services to large enterprises, but also to SME by way of management and control of reputational risk, compliance with sanctions, criminal lists and other possibly risky relationships. Parafo may provide you due diligence services. In doing so, Parafo combines the use of industrial databases with technology for conducting research. Obtained data are analysed by qualified professionals versed in prevention of "white-collar crime". Compliance team will provide you with results along with further instructions in order to direct focus of research and facilitate your business. Think of Parafo as your extended compliance team. What we offer:

• Checks against money laundering and terrorism financing
• Introduction of new clients, suppliers and investors
• Management of third-party risks, including checks of financing sources
• Checks of political exposure, conduct against sanctions introduced in relation to certain countries
• Bribe-taking tests within your organisations, especially procurement and sales departments (as well as management board)
• Detection of negative reputation, and involvement in illegal actions such as fraud, money laundering, professional indecent conduct.