In addition to domestic services, we also offer international services in cooperation with our overseas representatives.
Yamada & Partners’ SPV and fund-related services
A special-purpose vehicle (SPV) might be established for various purposes, including investment, off-balance-sheet transactions, and securitization. Yamada & Partners’ SPV and fund-related services are distinguished from most of all by the ability to meet clients’ needs not only in Japan but also around the world. As an example, for inbound investment we can deliver the same services that we provide for domestic clients, including advice on structuring the vehicle to match the purpose of the investment as well as accounting and tax advising during the life of the SPV and support for closing it later.
Menu of SPV and fund-related services
Yamada & Partners can provide services to meet clients’ wide range of purposes for establishing an SPV.
Advising during life of SPV
SPVs can include a wide range of vehicles under the Special Purpose Company Act, including Tokutei mokuteki kaishas (TMKs), combinations of consolidated companies and anonymous associations (GKTKs), limited liability partnerships (LLPs), limited partnerships (LPS), and investment corporations. For this reason, support for structuring SPVs is handled on a tailor-made basis.
Since the structure of a vehicle will be determined based on the client’s needs, our first step is to meet with the client, identify a number of vehicles suited to the client’s needs, and then explain the advantages and disadvantages of each.
- Ascertaining current conditions
- Confirming purpose of structure
- Confirming method of raising funds
- Confirming exit plans
- Proposing vehicles
- Advantages and disadvantages of vehicles
- Vehicle management methods
- Organizing players
- Advice on structuring
- Preparation of various simulations
- Support for structuring
- Confirming locations of tax risks
- Confirming locations of legal risks
- Advising related parties