Restructuring
We work with businesses that are subject to restructuring and with law firms that are involved in restructuring procedures as civil law experts. Our restructuring services include:
- development of restructuring strategy;
- providing tax advice on tax implications resulting from particular restructuring steps;
- providing second opinions aimed to assess solutions suggested by other legal or tax advisers;
- providing tax assessment of legal documents such as a shareholders’ resolutions or contracts to buy businesses or organized parts of businesses;
- drafting applications for tax rulings aimed, e.g., to clarify, if a specified assortment of assets should be treated as a business or an organized part of a business;
- conducting tax reviews of a client’s activities at the request of the client;
- conducting due diligence reviews of target businesses at the request of a potential investor;
- providing trainings on restructuring issues (please, see the “Trainings” tab).
We assist in finding the optimal restructuring scenario to assure that business goals are achieved with no tax exposure for the involved entities. While developing restructuring plans, we make their comprehensive assessment, taking into account all and any taxes and dues. We pay attention both to direct tax implications as well as to indirect ones, e.g., those relating to depreciation, settlement of losses, tax reliefs and the VAT.
We provide support to entities that merge, de-merge or change their legal form. We clarify tax implications of in-kind contributions and all sorts of capital and cash provisions. We advise on capital increases and decreases, on transactions to purchase or sell businesses, on exchanges of shares, etc. In each case we help to select the solution that is efficient and safe under the tax law.