OPTION I: ACQUISITION OF SHARES
Sale of shares is a viable option for acquisition of property, and will often result in saving costs on stamp duty.
This approach to acquisition of property will only work where the value of the company/its assets are predetermined as the company may own other assets other than the subject of the purchase. As such, a valuation of the company would be necessary to determine the proportionate shares to be transfered/alloted vis-a-vis the consideration being offered by the purchaser.
For further enquieries on cost saving measures in property acquistion transactions, please contact our Teddy OKELLO at firstname.lastname@example.org for assistance. You may also call us on +254 773 865 798.
For: Taxlex Consulting Group Limited
MD & Group CEO
* Taxlex Consulting Group Limited is a participating consultancy in the SLS Group of consultancies, with specialty in tax and related advisories.
Thursday, 1 December 2011
COST SAVING MEASURES IN PURCHASE OF PROPERTY OWNED BY A LIMITED LIABILITY COMPANY
Labels: Taxlex Consulting Group Limited
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