Milestone is a boutique international tax practice established in Mayfair, London.

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Venture capital investment for a technology company

The Client

Technology company

The Problem

This start-up technology company had an innovative app product and wanted to grow their business through investment. They asked for our advice on using a Venture Capital Scheme to raise finance and restructuring their parent company out of the US.

The Solution

  • We enabled the company to use the Enterprise Investment Scheme (EIS), which offers tax relief for their investors
  • In discussion with US counsel, as well as firms in Ireland, the Netherlands, the Isle of Man and Hong Kong, we were able to restructure the company out of the US, mitigating their tax by 35%.
  • The new structure minimised leakage and them to license their products worldwide in a tax efficient manner.
  • Since they first came to Milestone, they have grown from 6 to 150 people across Europe. We are still working in an advisory role to the company.