English to Chinese Law/Patents Law: Taxation & Customs

Civil law jurisdictions may view a transfer to a trust as no more than a transfer to an individual (with consequent gift or transfer tax implications) or as void ab initio, thus defeating the very purpose of the transfer. The hybrid company can effectively separate shareholder members and limit the rights of shareholders and guarantors so as to comply with the laws of the members' domicile in the most tax-efficient way.