On September 22, 2020, the USRCC hosted the “Invest in the U.S.A. – the Land of Opportunities” Conference using the online platform. Over 100 registrants from Russia, CIS, U.S.A. and Australia were engaged in this event, which was targeted to assist foreign companies to learn about legal, tax, real estate, insurance, banking, operational, and economic development issues they should consider while starting operations in the U.S.A. The following speakers covered these questions and shared their experience of doing business in the United States: Michael Treyger, Deputy Director,
Business and Community Development, Economic Development and Tourism, Office of the Governor, State of Texas; Clif Edwards, Director of Logistics & Special Projects, Office of Commissioner Jack Cagle, Harris County Commissioner Precinct 4; Piotr Galitzine, Former Chairman and CEO, TMK IPSCO; Andrew A. Pidgirsky, Partner, Lewis Brisbois Bisgaard & Smith LLP; Rolando Garcia, JD, CPA, Shareholder, Doeren Mayhew CPAs; Mark H. Wood, Senior Vice President, Moody Rambin; Tom Ford, Vice President, Moody Rambin; J. R. Love, Jr., JD, Vice President, Brightline Insurance; Eric D. Geisler, President, Economic Incentive Services, LLC (EIS); Oleg Efimochkin, Vice President, JPMorgan Chase Bank, N.A.; John P. Dennis, III, Managing Partner, WoodRock & Co.
Topics covered during the Conference included “The Texas Advantage,” “Harris County – the Land of Opportunities,” “Running a US Subsidiary of a Russian Manufacturer: Discovery and Learning,” “Legal Considerations of the Foreign Investments in the USA,” “Structuring U.S. Investments by Foreign Taxpayers,” “Navigating Real Estate Market in the US,” “Insurance Needs for the Foreign Companies Starting Business in the U.S.,” “Government Incentives for New Operations in the US,” “Banking of Foreign Entities in the USA,” “US Capital Markets and Industrial M&A Opportunities.”
The Conference ended with lively Q&A session moderated by U.S.-Russia Chamber of Commerce. The attendees asked questions about opportunity zones, future of energy, operational challenges of opening a company in the USA.
The event received a good feedback from the attendees reflecting on the coverage of all aspects needed for the companies entering US market and high caliber of the speakers and presentations. The webinar provided a macro view about doing business in the U.S.A. and in Texas in particular. Attendees received very useful information about the investment opportunities.
Director of Logistics &
Office of Commissioner
Harris County Commissioner Precinct 4