Private Wealth Management

Sayenko Kharenko has been regularly advising clients on a variety of private wealth management projects for the last few years. Responding to clients’ needs our team helps clients to determine successful business development models and to create them by developing effective strategies, which include, inter alia, tax advising or optimization, assets protection, risks mitigation, and asset management.

Sayenko Kharenko’s strong reputation in private wealth management is recognized by the independent review Who's Who Legal: Private Client 2016, which recommends our partner Andrei Liakhov and counsel Alina Plyushch among world's best private client lawyers.

Sayenko Kharenko’s team advises clients on all issues related to private wealth management including:

  • establishment of efficient personal holding structures;

  • creation of trusts, foundations, family offices and other wealth-preservation vehicles, including the ones in offshores;

  • drafting of trust deeds, declarations of trusts and letters of wishes;

  • tax-efficient investment structuring, including foreign investments for Ukrainian residents;

  • planning of personal wealth succession;

  • obtaining of foreign tax residency status, residence permits and citizenship;

  • acquisition and registration of foreign property;

  • complete and/or limited due diligence of the existing personal and business assets of Ukrainian beneficiaries in order to determine the historical risks and help to eliminate them and to create an efficient holding structure;

  • disclosure of information on beneficiaries in foreign jurisdictions;

  • opening of foreign bank accounts and compliance with KYC requirements for this purpose;

  • assisting Ukrainian beneficiaries to satisfy compliance requirements of foreign banks and corporate service providers;

  • dealing with legal issues of multijurisdictional families (including inheritance, division of property, determining inhabitancy status of minors);

  • acquisition, registration and insurance of private jets, helicopters, yachts, luxury and vintage vehicles;

  • registration, insurance and protection of paintings and other works of art, wine collections, jewellery, icons, antiquarian values and other valuable collectibles (coins, stamps and other);

  • ownership of elite horses for dressage and show jumping, purebred dogs and other high value and/or rare animals;

  • registration of ownership of football and other sports clubs and teams;

  • compliance with compliance requirements of assets management and life insurance companies;

  • tax issues, currency control regulations and other aspects arising in connection with the private capital structuring.

An efficient combination of highly specialized industry knowledge and professional finesse of leading experts in tax, finance and competition law allows us to provide comprehensive legal services to private clients fulfilling their most sophisticated needs and creating innovative solutions. Finally and most importantly, our top priority is to offer attentive and specialised client treatment and to maintain longstanding relationship built on partnership and trust.