Implementation of SPV Planning Initiatives

The Stewart Law Firm has a national reputation for experience in implementing multi-state, national and international tax planning initiatives.  The firm routinely assists national multi-state tax experts in the proper implementation of such initiatives. Accounting firms, law firms and other tax-planning experts rely on The Stewart Law Firm for entity formation, organizational meetings,  qualifications to do business, business licenses,  advice and counsel relating to fiscal controls and corporate governance and other related services necessary in the entity formation stage as well as the ongoing corporate governance of a special/single purpose vehicle (SPV).

Typically, the choice of commercial domicile is critical to the business and tax advantages, and The Stewart Law Firm has extensive experience with sophisticated structures and the proper establishment of commercial domicile for SPVs.  While the firm’s focus is on Delaware and Nevada-based entities, the firm has provided significant assistance in a variety of SPV jurisdictions, including New Hampshire, Maine, Illinois, California, Indiana, Florida, North Carolina, Ohio, Georgia and Grand Cayman, among others.

On an ongoing basis, the firm typically continues as special counsel in the jurisdiction where the SPV has established its commercial domicile, handling all ongoing Board meetings, maintaining all minute books and ensuring that all proper corporate or entity formalities are being followed.  The firm’s attorneys have successfully interfaced with a variety of taxing authorities on behalf of clients and are well aware of the critical importance of an SPV’s written record of proceedings.  By conducting all meetings and recording the minutes of such meetings, the firm’s attorneys help to ensure that the SPV's business objectives, along with ancillary tax benefits, are effectively documented and realized.

 It is not uncommon for an SPV that was properly formed with all attention to detail and formality to lose intended benefits by failure to develop the proper written record of ongoing operational matters. The Stewart Law Firm stands ready to help prevent the SPV from losing sight of intended objectives, to create agendas that focus discussion on such critical areas, and to add value by creating ways to better achieve intended objectives.

As the SPV achieves its objectives and satisfies its utility for its owners, there are important considerations regarding the proper and effective dissolution of the SPV. The Stewart Law Firm has assisted many accounting firms, law firms, and other advisors in the proper “dismantling” of complex SPV structures.