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Kirill Vikulov

Associate
Moscow Branch of Baker & McKenzie CIS, Limited

Biography

Kirill Vikulov is a senior associate in the Moscow office of Baker McKenzie. He has extensive experience in advising Russian and multinational clients on a wide range of complex tax issues, including M&A deals, joint ventures, international holding and financing structures, and various financial and capital markets transactions.

Prior to joining the Firm in 2007, Kirill worked as a tax consultant in the international tax structuring department of an international audit company.

Practice Focus

Kirill's practice focuses on tax planning and restructuring for corporate and private clients, tax advice for M&A and corporate reorganizations, and wealth management.

Representative Legal Matters

  • Advised Severgroup in connection with the acquisition of approx. 40% of shares in the Netologia Group – a Russian IT company specializing on online and offline educational courses and relevant services - and establishment a joint venture with the Netologia Group initial founders.
  • Advised Repsol S.A. in connection with establishment of an upstream joint venture with Gazprom Neft. The joint venture company, Eurotek Yugra, owned 75% by Repsol and 25% by Gazprom Neft, owns seven exploratory blocks in West Siberia, a relatively underexplored area of Russia with significant potential. Following completion, Gazprom Neft has an option to increase its stake in Eurotek Yugra to 50%.
  • Advised on tax structuring and various tax issues in M&A deals in oil & gas and other industries, including tax structuring for Weatherford International in the approx. USD 450 million acquisition of TNK-BP International’s Oilfield Services Division.
  • Advised a major international oil and gas company in structuring a series of multi-billion dollar projects in Russia, including advice on and negotiation of tax-related provisions in SPA, joint venture and other agreements and transaction documents.
  • Advised Russian and foreign groups on setting up tax-efficient holding, financing and management structures in the oil and gas, industrial manufacturing, consumer products and retail, real estate, pharmaceuticals, IT and financial services industries.
  • Advised on intercompany restructurings for major Russian and foreign groups in view of the recent developments in the Russian so-called "deoffshorization" legislation (i.e., controlled foreign companies rules, beneficial ownership and corporate tax residency based on effective management and control tests) and court practice on thin-capitalisation.
  • Advised Russian high net worth individuals on setting up various wealth management and estate planning structures, including structures using foreign trusts and foundations.
  • Acting as tax counsel on multiple domestic and cross-border securitisations, including the following recent securitisations of mortgage loan portfolios: RUB 13 billion securitisation for AKB Absolut Bank, RUB 3.3 billion securitisation for AKB Investtradebank, RUB 3 billion securitisation for Asian Pacific Bank.
  • Advised on various financial transactions, including acting as tax counsel in connection with the Eurobond issuance of KOKS Group, advised Litnium Investments on tax issues in connection with a secured loan for USD 21 million from Eurohypo AG.
  • Advised on tax compliance and developing tax strategies for multinational companies in connection with transfer pricing, tax-efficient refinancing of local operating entities in view of the Russian thin capitalization rules and judicial doctrines of business purpose and economic substance.

Professional Associations and Memberships

  • American Chamber of Commerce (AmCham) - Tax Committee, Co-chair
  • Association of European Businesses - Member
  • International Fiscal Association - Member
  • Russian Union of Industrialists and Entrepreneurs (RSPP) - Member
  • Russian Chamber of Commerce - Member

Admissions

  • Russia (2007)

Education

  • MGIMO, Russia (2011)
  • MGIMO, Russia (2007)

Languages

  • English
  • French
  • Russian