AI Issue 5 2017

Acquisition International - May 2017 21 Expert Advice When You Need It Our consultants will assess and properly protect the invested assets and effectively structure the business to ensure the risks fall directly and solely on the capital to be invested. Our global perspective is particularly valuable for these types of engagements, as we ensure that any structuring undertaken is enforceable and reliable across all territories. Corporate restructuring Preparing for a sale, merger, acquisition or initial public offering of the family company; the strategic counsel required to design and implement purchase and sale structures; cross-border tax implication and pre-transaction due. Many family businesses reach a point of maturity, which demands the anticipation of a change in structure. This commonly manifests as either: an initial public offering (IPO); a private investment; or a merger or sale, each of these requiring exceptional skill, sensitivity and precision in their execution. Intercorp Group regularly provides counsel on such matters, working collaboratively with existing advisors and our trusted network of professionals. Our consultants perform a pre-due diligence investigation on the clients’ business, highlighting potential complications that could affect the proposed restructuring and the company’s corporate attractiveness to other parties. This diagnostics report is a strategic and consolidated representation of the very best advice and clear identification of the courses of action required for their implementation. Intercorp will then advise on the appropriate structures for the transaction, paying special regard to both cross-border tax liabilities and the potential implications of these on the family’s overall wealth, following the completion of the transaction. Real estate investment Investing in property in other territories; the requirements to consider and mitigate estate tax obligations in both domicile and destination jurisdictions. Investment in real estate is a very natural endeavour for high-net-worth families who are in pursuit of more tangible ways to invest their wealth. Particularly popular, is foreign investment in the US and UK real estate markets which each raise several estate tax liability issues. These in turn, must be mitigated to achieve the families’ investment objectives. Intercorp Group manages the acquisition and financing processes in collaboration with our network of legal and commercial professionals across the world. Our advice always pays due regard to the individual needs of the family as well as the tax implications imposed both by their domestic jurisdiction as well as those of the country in which they wish to invest. Ultimately, Intercorp Group professionals work to help clients reconcile the consequences of different structures for their real estate investment and decide on a bespoke solution.