A Wuhan company intended to conduct asset restructuring and made the preliminary design of the asset restructuring plans. According to the company's asset situation, our lawyers modified and improved the design in accordance with relevant tax laws and regulations. As a result, the company's asset restructuring not only reached the targeted purpose but also avoided the high tax obligation.
Corporate restructuring usually includes asset restructuring, equity restructuring, debt restructuring, business restructuring and other restructuring matters, among which asset restructuring, equity restructuring and debt restructuring may involve property tax, value added tax, deed tax, business tax and other high-rated taxes. Therefore, different restructuring plans will lead to different types of taxes and tax amount. In the design of enterprise asset restructuring program, corporate officers, lawyers and other intermediaries should pay attention to the relevant tax laws to minimize the cost of corporate restructuring.