We advised our client, a leading Bulgarian holding company, on implementing a spin-off as the optimal method for restructuring its business. This approach allowed the client to focus its railway operations under a newly established holding entity, which now manages two subsidiaries.
Our team provided in-depth tax and corporate advice, guiding the entire spin-off process. This included establishing the new holding company, drafting the necessary separation agreements, and facilitating the legal steps to ensure the successful registration of the restructuring with the Bulgarian authorities. Along the way, we addressed key matters such as creditor relations, contractor agreements, compliance with accounting standards, and anti-money laundering regulations, ensuring a smooth transformation of the business.
