Inheritance of shares in LLC
Shares in an LLC are inherited in the standard manner, like other property, including by will, inheritance contract. At the same time, partners often discuss what rights the heirs will…

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How do I get multiple deductions in one year?
Let us remind you that the tax deduction gives you the right to return the income tax previously paid to the budget or reduce the tax payable. You can get…

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Not a single share ... And again about the motivation of top managers
Increasingly, we are faced with a request from business founders: we want to give top managers shares so that they receive a percentage of profits and are associated with the…

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How to get a tax deduction
Mortgages are now in great demand and many banks offer borrowers different conditions. It often happens that you take a mortgage at one percent, then time passes and another bank…

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Turnover or why fast business equals rich business
Business is a money-making box. You put capital in there, scroll and get some kind of profit at the exit. Accordingly, the more often you spin capital in a business…

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Transport services in the Group of Companies

In the issues of our mailing list, we have repeatedly written about the separation of the company – Custodian of Assets in order to protect the significant property of the group of companies; on the separation of a manufacturing company, etc. Today we will talk about the proper organization of the “transport” function in a group of companies, namely, what opportunities for tax and property security can be provided by building this function in the light of our concept of a Secure Business Platform®.

Own significant property, which in the overwhelming majority is also transport, often belongs to a separate entity of the group, which provides maximum protection against the risks associated with entrepreneurial activity (assets custodian). The reasons for this are obvious and do not require separate explanations. Continue reading

Tax-free transfer of property in business: which instrument to choose?

Why might a tax-free transfer of property be required? The change of ownership of property by concluding a sale and purchase agreement is recognized as a sale and entails the need to pay VAT and income tax (when applying the general taxation system). In the event that the property is transferred in a single group of companies, the occurrence of tax liabilities is highly undesirable: in fact, the property remains in the ownership of the same beneficiary, and taxes must be paid. In addition, a tax-free transfer (change of ownership) of property in a group may be required:

To increase the level of property security. Obviously, “vital” property for the business should not be in the operating sector. Continue reading

Business inheritance using the Articles of Association and Corporate Agreement
Often, business growth is impossible without attracting partners in its individual areas / projects / companies. And relations with such partners must be pre-regulated and legally secured, which is guaranteed…

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Management company for business: opportunities, options and risks
The inclusion of a management company in the legal business model is a common phenomenon. As a rule, the management staff of a business is one and it is impossible…

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Fitness tax deduction
All citizens who are actively (and not very) involved in fitness and sports now have the opportunity to return part of the money for paid classes. The thing is that…

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