The Varul law firm has announced that it has developed a special line of services to assist entrepreneurs wanting to expand into the non-Russia BRIC countries.
According to the firm, this makes Varul, "the first law firm in Latvia that focuses its attention to advising companies who want expand their business to Brazil, India and China (the BIC countries) due the political instability in Russia."
Varul Partner Vita Liberte elaborates: “Varul has taken on a role of a friend to the Latvian entrepreneurs in their dealings with the BIC countries. Our team of qualified lawyers will help the entrepreneurs to attract co-operation partners and to settle any legal or tax issues both for Latvian entrepreneurs in the BIC countries as well as the for the BIC entrepreneurs in Latvia by preparing and submitting required documentation to various local authorities."
The firm's team includes a South American lawyer and experts with "global work experience in the BIC countries." In addition, the firm claims to have "a large contact base of persons residing in BIC countries, a close co-operation with the international BDO network and the Latvian Chamber of Commerce and Industry who helps companies start up their business abroad and understands the local cultural aspects of business communication."
Varul claims that Brazil, for one, provides significant entrepreneurial opportunity in the following areas: distribution of bio-fuels in Europe, high technologies, tourism and information services, management consulting, e-commerce, telecommunications, logistics, pharmacy, and cosmetics, among others. For India and China the firm refers specifically to opportunities in metal processing, mechanical engineering, transport, logistics, IT, timber industry, green technologies, and food and clothing industries.
