08.23

Tax Memo on Cyprus Net Asset Transfer to New Company

Prepared a Tax Memo advising a Cyprus company with USD 89m net assets on the tax-efficient transfer of assets to a new Cyprus company, including a step-by-step plan.


Our Work

At the request of a company in Cyprus with a Net Assets value of approximately USD 89m, we prepared a tax Memo the objective of which was to review the Company’s latest financial position and propose how the Company will transfer its net assets, to a new Cyprus company, to provide the relevant step-by-step plan and to also analyze the proposed step plan from the Cyprus tax perspective.