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Changing a trust services provider abroad may cause inconveniences for the shareholders and entail difficulties that might influence business (switch of directors, changing persons authorizing payments, passing over corporate documents to a new legal team and other technical peculiarities may cause certain delays in an everyday business routine, as well as put under risk the timely closing of transactions).
coordination with former trust services providers with regards to the transfer of client files (hard copies and digital copies);
organizing and controlling transfer and acceptance of client files: corporate, accounting, tax and other documents stored at the former address of registration;
handling obligatory registrations with the Chamber of Commerce;
informing the servicing bank(s) of the client on the address change; coordination of bank signatories' alteration;
general coordination with the client's accounting/legal/other departments responsible for any of the above steps;
other services required to support business during transitional period.