Douala · Cameroon
Submission received
Your information has been recorded by WONE.
Cases · Capital & assets · Cross-border assets & ownership
A vessel is being transferred between jurisdictions
Usually led by Transactions & Deals, with Tax & International Structuring and Legal & Contracting. WONE Global brings the areas of expertise and countries together, with a named professional in each market where one is published.
The situation
What is happening
Property, aircraft, vessels, art, land and other assets held in or moved between countries.
The first questions
- Where is the asset, and who legally owns it today?
- Can a foreign owner hold it there?
- What tax arises on holding, income and sale?
- How will it pass on death or sale?
Who faces this
- Investors
- Asset owners
- Family offices
Cross-border complications to check
- Different laws of contractParties sign one commercial agreement but disagree which law governs duties, damages and remedies · Legal & Contracting
- Cross-border tax residenceExecutives or entities may be treated as resident in different jurisdictions · Tax & International Structuring
The solution
How WONE Global handles it
Usually led by Transactions & Deals, with Tax & International Structuring and Legal & Contracting.
How WONE Global usually approaches cross-border assets & ownership
- 01Check title and ownership restrictions locally.
- 02Design the holding structure with tax in each country.
- 03Register ownership and security correctly.
- 04Plan for income, sale and succession.
General guidance for this subject. The route for your case depends on the countries, the deadlines and what you already hold.
Services
The services involved
One area of expertise usually leads; the others move with it. WONE Global keeps them connected across every country involved.
Who handles it
Transactions & Deals, market by market
The status of the lead service in the markets that matter for this case. A named WONE Global Partner acts under their own licence; where none is in place yet, WONE Global confirms availability before anything else.
- Cameroon WONE Global Partner Edmond Christian AKOA MBALLA · Founder & Managing Partner Brief this Partner →
- China WONE Global Partner Roberto Gilardino · Regional Partner North Asia & additional countries Brief this Partner →
- Colombia WONE Global Partner Katherin Diaz Velilla · Co-Founder Brief this Partner →
- Ethiopia WONE Global Partner Mekonnen Shiferaw · Managing Partner Brief this Partner →
- Germany WONE Global Partner Ulrike Berner, MBA · Managing Partner Brief this Partner →
- Hong Kong WONE Global Partner Yvonne Chow · Partner Brief this Partner →
- Israel WONE Global Partner Karin Horev · Founding Partner Brief this Partner →
- Italy WONE Global Partner Alessandro Dagnino · Managing Partner Brief this Partner →
- Luxembourg WONE Global Partner Bruno Abbate · Owner - Managing Director Brief this Partner →
- Mexico WONE Global Partner Miguel Angel Asencio Asencio · Founder, Managing Partner Brief this Partner →
- Morocco WONE Global Partner Mouad Aktaou · Managing Partner Brief this Partner →
- Panama WONE Global Partner Ebrahim Asvat K. · Managing Partner Brief this Partner →
- Portugal WONE Global Partner Bruna Prinzo · Managing Partner Brief this Partner →
- Rwanda WONE Global Partner Lydie N. Murorunkwere · Founder & Managing Director Brief this Partner →
- South Africa WONE Global Partner Kameel Keshav · CA(SA) · Corporate Finance & Transaction Advisory Brief this Partner →
- Spain WONE Global Partner David Bermejo Perramón · Managing Partner Brief this Partner →
- Switzerland WONE Global Partner Gianmatteo Terruzzi · Managing Partner Brief this Partner →
- United States WONE Global Partner Frederick Miles Adler · Principal Brief this Partner →
- Zambia WONE Global Partner Reagan Blankfein Gates · Managing Partner Brief this Partner →
- India On request Availability confirmed before any work begins Bring a requirement →
- Saudi Arabia On request Availability confirmed before any work begins Bring a requirement →
- Singapore On request Availability confirmed before any work begins Bring a requirement →
- United Arab Emirates On request Availability confirmed before any work begins Bring a requirement →
- United Kingdom On request Availability confirmed before any work begins Bring a requirement →
Other markets: WONE Global covers 100 countries. Name yours in the requirement →
Douala · Cameroon
Shanghai · ChinaWONE Global Partner · China
Roberto Gilardino
Roberto Gilardino is Regional Partner at Horizons, supervising the advisory’s activities in North Asia as well as additional countries (including Mongolia, Malaysia, Indonesia, Pakistan, UAE, Cyprus and Malta).
Bogotá · ColombiaWONE Global Partner · Colombia
Katherin Diaz Velilla
International tax attorney and strategic advisor with 12+ years across Colombia\\\'s DIAN, Ministry of Finance, Senate, Presidency, and EY. Co-founder of V&V Asociados. Specializes in cross-border tax structuring, trans…
Addis Ababa · EthiopiaWONE Global Partner · Ethiopia
Mekonnen Shiferaw
Munich · Germany
Kowloon · Hong KongWONE Global Partner · Hong Kong
Yvonne Chow
Ms. Chow, our director, graduated from Smith College (US), and obtained her master\'s degree in Religion from Yale University. She is an associate member of Hong Kong Institute of Certified Public Accountants and Instit…
Discover
Where this case connects
The markets, corridors and guides behind this case, and the questions to put to Ask WONE below. Every link opens a page that links back here.
Markets
Services and subject
Worked examples
How it goes in practice
Researched corridor journeys, and representative scenarios on the same subject. None is a specific client’s matter.
- Corporation · from Japan · in IndiaIt is taking 25% of an Indian start-up.How WONE Global handles it →
- Private client or family · from Qatar · in TanzaniaIt is considering a stake in a port terminal in East Africa.How WONE Global handles it →
- Corporation · from United States · in IrelandIt is moving its IP from Ireland to the US.How WONE Global handles it →
Cross-border assets & ownership
Related cases
How do we protect ourselves as a minority investor abroad?We want to invest in a project abroad. What should we check?Can we move assets, IP or staff from one country's company to another's?We want to invest in a company in another country. How do we do it safely?We're buying a yacht, jet or artwork abroad. What should we check?We want to buy income-producing property abroad. How do we structure it?Our family owns assets through entities in several countriesWe need to register a security interest over foreign assetsA foreign government has restricted an asset transferWe want to acquire an aircraft through a leasing structure
WONE Global Intelligence
Ask about doing business across borders
Ask in your own words. Answers come from WONE Global's checked records, with every source shown, and end with the named Partner who can act. Go deeper on any point, or build a decision file.