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roryirvine | 8 days ago

Following that up in the UK companies registry, the director of Ascensio System Limited started using a service address in London since May 2025. The same filing, however, notes that his usual residential address has remained unchanged, and appears to be in Nizhny Novgorod, Russia

The beneficial owner is Onlyoffice Capital Group Pte. Ltd in Singapore.

https://find-and-update.company-information.service.gov.uk/c...

It all seems surprisingly murky - you'd normally expect a relatively small organisation to have a more straightforward structure, even allowing for its international nature.

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dizhn|8 days ago

Playing devil's advocate for a second. It might be easier for a single person company to open up a bunch of legal entities in different places where taxes etc are more favorable. In the Russian case guy might just be wanting to be able to accept payments. Or maybe he's making sure he has somewhere to go in case of trouble. I would be very unsurprised if he took advantage of the "$250K real estate purchase gets you full citizenship and you can even rent or sell the place" scheme of Turkey to live there.

roryirvine|8 days ago

It seems overkill for what is actually a pretty tiny company - I doubt they would be big enough to trigger those sort of incentives, at least for the UK and Singaporean entities (Latvia or Turkey might, I suppose, be different - but then why bother routing it through the UK?).

I'd guess that the happy case is going to be that, yes, this structure was forced on them as a by-product of sanctions or similar negative trade policies. But I'd be worried that the software business is actually a front for something else, which would suggest that OnlyOffice might be more vulnerable to changes in legal climate than most other projects of that size.