Recruitment service SuperJob abandoned its structure in Cyprus; the founders of the company, Alexey Zakharov and Sergey Gabestro, re-registered it under their name, as follows from the Unified State Register of Legal Entities.
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As of February 28, 2024, 51% of SuperJob LLC belongs to Alexey Zakharov, another 49% belongs to Sergei Gabestro. Previously, the structure belonged to the Cypriot limited liability company Superjob Holding LTD. Therefore, the company is now exclusively owned by Russian individuals.
RB.RU sent a request to SuperJob, but at the time of publication did not receive a response.
As experts noted earlier, in the current reality companies are forced to divide their businesses or abandon foreigners in the ownership structure.
Last fall, startup Briskly, which was developing an in-store self-service platform, abandoned its parent structure in Cyprus. Also in December, Cyprus-based Maxiten Co Limited left Scartel LLC (Yota’s legal entity).
According to Emil Yusupov, partner at the Intercession law firm, in the current reality many of the advantages that registration in Cyprus provided are no longer relevant for Russian companies.
If previously companies could count on the special tax conditions that Cyprus offered to IT projects, as well as the attraction of financing from Western investors, today companies have to be guided by other aspects.
In particular, under current conditions, companies are evaluating possible sanctions risks. Also today it is difficult to pay dividends and income to a hostile jurisdiction.
Author:
Natalia Gormaleva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
