International Asset Transfer : An Overview of the Main Jurisdictions. A Practitioner’s Handbook

Assets (property, operational facilities) associated with cross-border business transactions must often be transferred and thereby, consistently require numerous transfer documents for different legal systems. Consultants working on such transfers need to have an overview of the process, time frames, and particularities, and must also be able to determine if additional local advisors need to be consulted. Systematic surveys or compilations of the particularities of the diverse legal systems have not been available up to now. This handbook for the consulting practice contains 32 of the most important legal systems (Europe, North America, South America, Asia, Australia) and provides essential information relating to the transfer of assets. A separate section is dedicated to each legal system. The following topics, among others, are discussed: forms, registration obligations, compliance requirements (e.g. state sites), taxes, insolvency law particularities, cost issues as well as the transfer of employees. The goal of the handbook is to enable the user to be able to better estimate the legal and actual risks and time and effort associated with local asset transfers and thereby, establish a foundation for the decision making process. This presentation is primarily geared towards attorneys in law firms and law departments, but also consultants in the M&A field (investment bankers, tax advisors, auditors, etc.). The sections were prepared by practicing attorneys in the relevant legal system. All authors practice in established international corporate law firms.

Table of Contents

Introduction

Business transactions do not stop at national borders The objective of this handbook

B TangibleMovable Assets

F Receivables

Australia

B TangibleMovable Assets

E IP Rights

Austria

Italy

Japan

Contracts

Latvia

Real Property

F Receivables

Lithuania

Real Property

Liabilities

B TangibleMovable Assets

Brazil

Bulgaria

Contracts

Canada

Real Property

F Receivables

China PRC

Contracts

H Employees

Colombia

H Employees

F Receivables

B TangibleMovable Assets

H Employees

Estonia

Contracts

H Employees

B TangibleMovable Assets

Contracts

G Liabilities

GeroPfeiffer Sven Timmerbeil FrederikJohannesdotter

Contracts

H Employees

Hungary

India

G Liabilities

Malaysia

H Employees

F Receivables

B TangibleMovable Assets

Russia

Contracts

G Liabilities

Singapore

Real Property

F Receivables

South Africa

Spain

E IP Rights

Taiwan ROC

H Employees

United Arab Emirates

Contracts

H Employees

United States of America

B TangibleMovable Assets

E IP Rights

H Employees

B TangibleMovable Assets

E IP Rights

Copyright