Case Study; Gibraltar Businesses
Del Canto advised on the consolidation of 3 Gibraltar businesses and merged them into a single Spanish company.
The Commercial Driver
Our client was a business owner who wished to consolidate 3 separate companies based in Gibraltar, and their associated investments, and merge them with a single Spanish corporation.
How Del Canto Chambers delivered value
With our unique knowledge of both Spanish and Gibraltarian business relations, economies and culture we were able to advise on the legal regulations, the structure of the deal and tax implications of the transaction.
At the time of writing, this was the only Spanish-Gibraltarian deal of its kind, and in order to facilitate the transaction we needed to utilise the European Directive and associated legislation in Spain.
The Result
Our client achieved a successful merger, helping avoid charges on the investment vehicles and with no tax consequences – saving them thousands of Euros.
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