SBC Legal operates under an umbrella of SunBreath Corp., a domestic business corporation in the city of New York, US.
Full service of legalfinancialinvestment services
SunBreath Corp. Legal Services LLC (“SBC Legal”) is a full service consultancy firm providing broad aspects of legal, financial and investment services characterized with efficient response to the needs of its clients in the business environment of Georgia. SBC Legal operates under an umbrella of SunBreath Corp., a domestic business corporation in the city of New York, US.
In the course of our practice we have represented a wide range of foreign and domestic, small and large scale clients. We have been engaged as a counsel in insurance and banking business, telecommunications, international trade, energy, oil & gas sector, agriculture, food industry, aviation, NGOs and infrastructure development, and have acted as a local counsel on behalf of international accounting firms.
Our professionals combine knowledge of Georgian legal, business and regulatory environments with exposures to western expertise and foreign languages. All of this increases efficiency, quality and accessibility of service to our clients, reduces costs, and provides an important venue for success of clients’ business. Our professionals have a proven record of advice and representation in local and international business transactions.
Our team of legal professionals diverse in its experiences with working of clients from different jurisdictions. Our group of experienced lawyers is organized and guided by the following principles:
We specialize in Business Law, Banking and Finance, Tax and Customs Law, Civil Law, Labor Law, Administrative Law, Privatization Law, Intellectual Property, Telecommunications Law, Energy and Oil & Gas Law, Litigation & Dispute Settlement.
SBC Financial Services includes accounting, financial audit, tax support and property evaluation services. SBC has extensive experience with the audits of local and international business entities, including private and listed companies, and subsidiaries of multinational organizations registered in Georgia in various industry sectors such as banking, real estate, manufacturing, retail, energy, accommodation & hospitality, HoReCa, engineering and construction, distribution, publishing, advertising etc. SBC Financial Services’ team uses a consistent global audit methodology to perform our clients’ audit work with the specific local requirements. SBC talks to management about its observations and findings during the audit to help the business improve its compliance and performance. Our professionals specialize in particular sectors and industries, to give a deeper understanding of the challenges that may be faced by the clients. The audit process is flexible, which enables our professionals to modify their audit approach to match the clients’ needs and particular circumstances. SBC specializes in working with organizations that require in-depth, up-to-date knowledge of local rules allied to seamless co-operation between tax professionals in different jurisdictions and solid professional track-record. We offer a tailored audit approach with an emphasis on early planning and understanding how your business operates.
Financial & Audit Services
We offer a tailored audit approach with an emphasis on early planning and understanding how your business operates.
Our IFRS services (comprising full IFRS and the IFRS for SMEs) include:
In addition, SBC represents its clients and is ready to protect the clients’ interests at relevant authorities (Council of Tax Appeals under the Ministry of Finance of Georgia), as well as at courts of Georgia.
SBC Financial Services provides the accounting outsourcing services, including:
Whether selecting an initial location for your business, expanding, relocating, or adding to your investment portfolio, there are a lot of factors to consider such as the general economic climate, taxation, incentives, labor availability and costs, as well as other market dynamics.
Our investment team provides relevant investment recommendations to the clients either upon their request or on its own initiative. The services include provision of a wide range of investment advisory services to cover all of our clients’ investing needs and provide recommendations that are suitable for the clients and are based on the consideration of the circumstances of the client. Our approach is to perform in-depth studies on how the clients’ investment opportunities are likely to perform and how suitable they are to moving the clients toward their specific investment goals. We focus on risk minimization coupled with generating positive financial returns.
In most cases we conduct evaluation of various target companies/ projects from our network and assess their status from different angles, and in case of attractive business opportunities present such targets to the clients and help them set reasonable, achievable investment goals. Our investment team addresses a broad array of questions competently, as well as makes investment proposals, provide objective advice, and help clients weigh the financial consequences of investments decisions and stay organized.
Our advice include gathering and analyzing information the clients need and prepare a comprehensive report to help the clients meet their investment objectives before the transactions occur (e.g. buy vs. lease decisions, real estate or equipment purchases, acquisition of a business or setting up a new SPV, financial structuring and minimization of tax burden etc.).
General Data Protection Regulation (GDPR) is the European regulation to strengthen and unify the data protection of EU citizens. As of the 25th of May 2018, all companies worldwide that store and process data about EU citizens will be required to comply with GDPR.
One of the main achievements of GDPR is its increased territorial scope, which means that GDPR also will apply to businesses outside the EU if their data activities relate to the offering of goods and services to individuals in the EU. GDPR expands its territorial scope well beyond the EU, essentially making it global law.
Therefore, all the Georgian organizations that collect and process personal data of EU citizens will have to comply with General Data Protection Regulation.
Under GDPR, organizations in breach of GDPR can be fined up to 4% of annual global turnover or €20 Million (whichever is greater).
SBC Legal offers organizations to ensure compliance with GDPR. We will help affected entities to identify the threats of data protection breaches and check if they are ready for this regulation. Upon completion of competent due diligence by our professionals we will give individual feedback to relevant legal entities and reports about GDPR compliance.
Such feedbacks and reports will help the entities to collect, process and keep the personal data fairly and lawfully, in accordance with best internationally recognized practices.
In addition to the relevant recommendations and advices on GDPR compliance issues, SBC Legal also assists affected legal entities to obtain ISO 27 001 Certificate through its official certified international partner – United Registrar of Systems.