PRACTICAL ISSUES FOR ENTREPRENEURIAL FAMILY OWNED COMPANIES

The Landmark Hotel

Thu 16 Nov

Please feel free to download the full presentation slides here.

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The IBSA has been very proud of the quality of speakers and topics at its annual event, the November conference.  This year it will be held again at the Landmark hotel, London.  The theme of the conference is Practical Issues for Entrepreneurial Family Owned Companies, where we will review a typical case study based loosely on the renowned Polycon Lens Company’s transformation into the Eyemax Group.

 

 The speakers will use the case study to explore matters such as what happens to the company in the event of divorce of the entrepreneur, protecting the company from competition, developing international holding and intellectual property companies, corporate finance and relevant international tax issues, and how the family can inherit the company in the most tax efficient manner.  

Our speakers are all IBSA members and are experts in the fields of family and employment lawintellectual property and international tax law.  Please feel free to download a copy of the full conference programme.

 

The conference fee is £750 plus VAT reduced to £450 plus VAT for IBSA members.  For those IBSA members only, we are also holding our third Annual Members’ dinner the night before on 15th November at the world famous Langan's Brasserie in their Hall of Fame – the cost of this as in previous years is £100 per member.

 And this year, we are planning a golf day on the following day, 17th November – details to follow but please register your interest with Lucie at the IBSA team.

 

The day's sessions will provide you with the following learning outcomes:

 

Session 1: Intellectual property - to understand how the company’s IP can be protected via registration and other strategies, the key legal principles and the most effective way of managing and exploiting IP without infringing third parties   

Session 2: Incentivising employees - to discover the most efficient and effective incentive schemes and how to fairly optimise value per individual  

Session 3: Maximising earnings - to learn how different types of business structures can minimise tax and maximise investment across and within different jurisdictions    

Session 4: Challenges to your corporate structure - to understand the latest global developments involving the Multilateral Instrument and general anti-avoidance measures and how this impacts the choice of business structure

Session 5: Finance - to find out which factors should be considered when financing the growth of the company  

Session 6: Residency - to discuss the most tax efficient countries where an entrepreneur may become resident to minimise tax on exit strategies

Session 7: Divorce - to understand how to set up practical, preventative measures that protect a company in the event of divorce    

Session 8: Inheriting a company - to take away from this session how to protect shareholder value on succession through Wills, Trusts and other planning strategies.

 

This promises to be an exceptional conference with ancillary events for IBSA members and we look forward to seeing you there.

 

This conference is kindly sponsered by:

 

 

 

This conference has been approved with full conformity for 6 hours' accreditation under the CPD guidelines.

 

Programme

08:45

REGISTRATION

09:15

CHAIRMAN'S INTRODUCTION

Introduction of case study for the day.

 

Roy Saunders

Founder and Chairman, IBSA

09:30

HOW DO I PROTECT MY COMPANY'S INTELLECTUAL PROPERTY?

What can be protected and how - registration of patents and trademarks – passing off, copyright, design rights, image rights and confidential information – risk management – avoiding infringing rights of others – cost-benefit analysis

Jonathan Riley

Partner, Memery Crystal

Chris McLeod

Partner, Elkington & Fife

10:10

HOW CAN I INCENTIVISE MY EMPLOYEES?

Stock option agreements – drag/tag along clauses – good/bad leavers – phantom share schemes – disguised remuneration rules

Michael Lewis

Partner, EY Private Client Services, US/UK

Bernhard Gilbey

Partner, Head of Tax Strategy & Benefits, Squire Patton Boggs

11:00

REFRESHMENT BREAK

11:30

HOW CAN I MAXIMISE MY AFTER-TAX EARNINGS?

IP regimes (patent box) - holding companies - substance requirements - commercial use of double tax treaties

Geraldine Schembri

EMCS Ltd

Matthew Ledvina

Anaford

Wim Ritz

Managing Director, Vistra

12:10

WHAT HAPPENS IF MY CORPORATE STRUCTURE IS CHALLENGED?

Substance of corporate entities - double tax treaty access and denial - cross border treaty disputes - what to do when challenged by Revenue authorities - competent authorities and mutual agreement procedures

Roy Saunders

Founder and Chairman, IBSA

Anthony Rose

Tax Partner, Simmons Gainsford

12:50

LUNCH BREAK

14:00

WHAT ARE THE PRINCIPAL FINANCIAL ISSUES?

Funding for growth such as bank financing, private equity funding or IPO; foreign exchange issues such as use of forward contracts for hedging, and use of cryptocurrencies such as bitcoin as alternative currency transactions; what to do with surplus cash in today’s market to ensure liquidity and availability of ‘Lombard’ loans

Simon Hughes

Associate Dealing Director at IFX Ltd

John Young

Partner, Edwin Coe

Richard Hollowood

Managing Director, Close Brothers

14:40

WHERE SHOULD I BE RESIDENT IF I WANT TO SELL UP?

Immigration lawyer with tax consultant with citizenship advisor – social/personal issues – risks of being offshore resident 

Maria Ines Assis

Senior Associate, PLMJ

Christodoulos Damianou

Executive Director, Eurofast

Laszlo Kiss

Managing Director, Discus Holdings Ltd

Matteo Rapinesi

Senior Partner, LAWP

15:20

REFRESHMENT BREAK

15:50

WHAT HAPPENS TO MY COMPANY IF I DIVORCE?

Pre/post nuptial agreements- shareholder agreements with partners/spouses - use of trusts

Lucy Greenwood

Partner, International Family Law Group

Alan Kaufman

Consultant, Howard Kennedy

16:20

HOW CAN MY CHILDREN INHERIT THE COMPANY IN THE MOST TAX EFFICIENT WAY?

IHT planning – Wills and Letters of Wishes – use of Trusts

Liz Palmer

Partner, Head of Private Client and Family, Howard Kennedy

Nigel Sloam

Senior Partner at Nigel Sloam & Co

17:00

NETWORKING DRINKS

With thanks to Westleton Drake for hosting the networking drinks.

18:00

EVENT CLOSE

Venue

The Landmark London
222 Marylebone Road
London
NW1 6JQ
United Kingdom

Telephone: +44 (0) 20 7631 8000

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