Formulating the most tax-efficient route in restructuring a group of companies

ADCO Law managed to carry out a restructuration of a group of mining companies which previously comprised of 9 companies, 4 of them were no longer operational due to various reasons. Despite the non-operational status, the existence of these companies was still needed since they were holding shares in other companies within the group.

We advised the company to restructure and simplify the company/group structure from 9 to 4 companies. The process was not merely closing down the company because we had to transfer/consolidate shares from the closing companies to the other companies both onshore and offshore. Working along with the tax consultant, we formulated and executed the most tax-efficient route of the group reorganization.

We successfully representing several firm pertaining tax efficient transaction, we are very compassionate in giving the step-by-step guidance throughout the entire development of the case – Endah Sulastri

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ADCO Law is a law firm that offers clients a wide range of integrated legal services, including commercial transactions and corporate disputes in a variety of industry sectors.

Over the course of more than a decade, we have grown to understand our client’s industry and business as well as the regulatory aspect. In dealing with the business dynamics, we provide comprehensive and solid legal advice and solutions to minimize legal and business risks.

Should you have more queries regarding this matter, please do not hesitate to contact us.

ADCO Law

 

Setiabudi Building 2, 2nd Floor, Suite 205C

Jl. H.R. Rasuna Said Kav. 62, Setiabudi Karet

Jakarta Selatan, 12920, Indonesia.

Phone : +6221 520 3034

Fax  : +6221 520 3035

Email    : [email protected]

 

Disclaimer: This article has been prepared for scientific reading and marketing purposes only from ADCO Law. Accordingly, all the writings contained herein do not constitute the formal legal opinion of ADCO Law. Therefore, ADCO Law should be held harmless of and/or cannot be held responsible for anything performed by entities who use this writing outside the purposes of ADCO Law.