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 email@example.com 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
The SLS Group is a consortium of fourteen (14) professional services firms specializing in advisories in select practice areas, namely: State Corporations laws and regulations, Banking and Corporate Finance, Conveyancing and Property Law, Tax Law, Energy Law, Intellectual Property, Policy Development and Legislative Drafting, Legal Research, and Legal Compliance Advisories, Environmental Law, Cyber Law, Mergers and Acquisitions, Corporate Law and Business Services, Tourism Research and Policy, Media Entertainment IP and Sports Law, Company Secretarial Services, Contract Negotiation Review and Preparation, Due Diligence, Development of Legal and Business Service Operation Processes, Advisories on Laws of Other Jurisdictions as well as International Law and WTO Regime, Legal Process Outsourcing, and Litigation and ADR processes. Our contacts are firstname.lastname@example.org, email@example.com or +254 715310677.