The service was provided for the subsidiary of one of the key players in the building development market. The corporate structure of the group included a BVI company that is a related party to the other shareholders. The shareholders desired to organize their corporate structure according to their initial arrangements and to secure the interest of their inheritors and to remove the BVI company from the entire corporate structure.
We advised on the possible ways of restructuring with a minimum tax due. We review the existing corporate structure of the companies as well as drafted several options for the business restructuring.