Mark Rovinskiy
partner
Moscow
For 19 years, Mark has been advising clients on Russian and international taxation aspects of corporate clients’ investment projects, and on private asset restructuring.
For the last nine years, Mark has also specialised in economic sanctions and compliance. He frequently advises big Russian businesses on compliance with the sanctions policies of the USA, Canada, Australia, Japan, Switzerland and the European Union (and EU member states).
As a tax expert, Mark is involved in legislative work; in particular, he participated in developing the Russian legislation on deoffshorisation.
Advising a private investor on entering a big development project for setting up an elite residential quarter in the centre of Moscow, including a plan for project finance restructuring. Project value: over $500 m (2020-present)
Tax risk analysis and development of a tax mitigation plan in connection with acquisition by Gazprombank from Swedish Ingka Centres of the Russian Mega chain, 14 shopping centres with a total area of about 2.3 million sq. m. Deal value: over €2 bn (2023)
Advising a private investor on tax efficient restructuring of the client’s assets, including 100+ different companies and other corporate structures in various jurisdictions. Matter value: $500 m (2015-present)
Advised a Russian subsidiary of CRH group, an international supplier of building materials, on the tax implications of using the group’s global trade mark in Russia and settling a turnover-based royalty for it (2018)
Advised a Russian private individual on structuring investments in crypto currencies, including analysis of the digital assets regulations in several countries, recommendations on the choice of optimal jurisdiction, and creation of an investment vehicle in the chosen jurisdiction. Deal value: $5 m (2018)
Advised a private investor on a pilot project for setting up a full-service ship management company, including development of an operational model for the new company, a contractual model between the company and the ship-owners, and a financing model and budget for the project. Project value: $150 m (2017-2018)
Advised a leading Russian investment group on tax structuring in the context of a multi-stage and multi-jurisdictional corporate restructuring connected with deoffshorisation of the group. Matter value: $2 bn+ (2015-2016)
For the last nine years, Mark has also specialised in economic sanctions and compliance. He frequently advises big Russian businesses on compliance with the sanctions policies of the USA, Canada, Australia, Japan, Switzerland and the European Union (and EU member states).
As a tax expert, Mark is involved in legislative work; in particular, he participated in developing the Russian legislation on deoffshorisation.
specialisation
experience
Advised a Top-3 Russian bank on refinancing loans of a leading Russian real estate developer, including refinancing and a tax optimisation plan. Deal value: ₽120 bn (2022-2023)Advising a private investor on entering a big development project for setting up an elite residential quarter in the centre of Moscow, including a plan for project finance restructuring. Project value: over $500 m (2020-present)
Tax risk analysis and development of a tax mitigation plan in connection with acquisition by Gazprombank from Swedish Ingka Centres of the Russian Mega chain, 14 shopping centres with a total area of about 2.3 million sq. m. Deal value: over €2 bn (2023)
Advising a private investor on tax efficient restructuring of the client’s assets, including 100+ different companies and other corporate structures in various jurisdictions. Matter value: $500 m (2015-present)
Advised a Russian subsidiary of CRH group, an international supplier of building materials, on the tax implications of using the group’s global trade mark in Russia and settling a turnover-based royalty for it (2018)
Advised a Russian private individual on structuring investments in crypto currencies, including analysis of the digital assets regulations in several countries, recommendations on the choice of optimal jurisdiction, and creation of an investment vehicle in the chosen jurisdiction. Deal value: $5 m (2018)
Advised a private investor on a pilot project for setting up a full-service ship management company, including development of an operational model for the new company, a contractual model between the company and the ship-owners, and a financing model and budget for the project. Project value: $150 m (2017-2018)
Advised a leading Russian investment group on tax structuring in the context of a multi-stage and multi-jurisdictional corporate restructuring connected with deoffshorisation of the group. Matter value: $2 bn+ (2015-2016)
