Successfully implementing a carve-out: What you should know

For most companies, a carve-out project is not an everyday task. The spin-off or carve-out of parts of a company is usually complicated, with many areas affected, including administration, operations and IT. The planning is complex and requires the involvement of the tax department right from the start - because strategic goals can only be achieved if there are no unexpected headwinds from taxes.

Our carve-out specialists from the tax department will support your company from the outset with professional, forward-looking expertise and technology-based process solutions.  

In the carve-out process, parts of the company are transferred to legally independent units. The larger and more international the company and the more interlinked the business units, the more complex the requirements of the project become. It is therefore advisable to quickly create a common basis for restructuring. The best way to do this is for the tax managers to propose the project steps at an early stage in order to drive forward the discussion with the strategy consultants and lawyers who are regularly involved. 

Particularly in the case of complex, often cross-border projects, a well thought-out tax strategy planned at an early stage can also lead to significant savings and open up alternative courses of action. Transfers without early tax planning can have unpleasant consequences, from delays to a premature end to the project.