The client preserved its status of an IT company and confirmed accreditation by the Ministry of Digital Development, Communications and the Mass Media

The team of the practice advised the client on how it should preserve the status of an IT company. Within the scope of the project, our lawyers analysed all the types of income and revenues that the company received, divided them into groups and singled out (1) revenue relating to income from IT activities; (2) ‘disputable’ revenue; and (3) revenue unrelated to IT activities. For the first two groups, our lawyers analysed all the types of agreements and interviewed employees to identify the nature of the services. We then provided recommendations as to how to calculate the volume of revenue and amend the agreements in order to avoid contentious situations.

In addition, specialists checked whether the company met other criteria to preserve the status of an IT company and to confirm the accreditation obtained from the Ministry. Confirming the accreditation helped to keep IT specialists in the company and gave a further opportunity to use state support measures for the IT industry.