Assisted a client in setting up an
oil extraction plant in Vietnam. As India does not have
a bilateral investment protection agreement with Vietnam,
we advised the client to set up a holding company in Singapore
(which has a bilateral investment protection agreement with
Vietnam), which in turn invested in the Vietnam Company.
This not only resulted in protecting the investment in Vietnam
but also gave a substantial tax saving.
CASE STUDY II - Setting up
an oil extraction plant in Vietnam
Assisted a client in setting up an
oil extraction plant in Vietnam. As India does not have
a bilateral investment protection agreement with Vietnam,
we advised the client to set up a holding company in Singapore
(which has a bilateral investment protection agreement with
Vietnam), which in turn invested in the Vietnam Company.
This not only resulted in protecting the investment in Vietnam
but also gave a substantial tax saving.
