踏浪远航，守航护行
Objectives of Structuring (襄策示例 Examples by XiangCe)
Cost Reduction and Profit Enhancement
利用税收协定与属地优惠，实现整体税负优化。设立区域结算中心，优化资金流与汇兑安排。
Optimize overall tax burden by leveraging tax treaties and local incentives. Establish regional settlement centers to optimize cash flow and foreign exchange arrangements.
Market and Business Boundary Extension
架构支持快速进入目标市场（设立子公司、并购、合资）。通过结构控制实现业务与风险隔离，防止政策或经营风险传导。
Support rapid entry into target markets through the establishment of subsidiaries, acquisitions, or joint ventures. Use structural arrangements to isolate business operations and risks, preventing the transmission of policy or operational risks.
IPO, Financing, and Capital Operations
构建境外控股或SPV平台，支持境外融资与上市（IPO、债券）。提升企业国际资本市场的可识别性与合规性。
Build overseas holding or SPV platforms to support offshore financing and capital market activities, such as IPOs or bond issuance. Enhance the company's visibility and compliance in international capital markets.
Legal Protection and Risk Management
提前布局外资准入、外汇、反垄断及安全审查合规路径。对受限行业，可通过"曲线进入"实现间接市场准入。
Pre-arrange compliance pathways for foreign investment approvals, foreign exchange, antitrust, and national security reviews. Enable indirect market access for restricted industries through "strategic route" approaches.
SPV是为特定交易、持股、融资或税务安排而设立的独立法人实体，可采用离岸公司、在岸公司、合伙企业、基金等多种形式。架构设计的关键不在于单纯设立SPV，而在于如何科学组合、合理安置SPV于不同法域，构建合规、高效的控制链条和税务通道。
SPVs are independent legal entities established for specific transactions, equity holding, financing, or tax planning purposes. They can take various forms, including offshore companies, onshore companies, partnerships, or funds. The key to effective structuring is not merely the creation of an SPV, but how SPVs are strategically combined and positioned across different jurisdictions to build a compliant and efficient control chain and tax channel.
包括合同、协议、许可、信托、股东协议、表决权委托、技术授权等法律工具。这些安排与SPV并行运作，形成"法律权利流"与"经济控制流"的双轨结构。公司架构的实质控制力和法律效力，核心取决于这些法律关系的设计是否合理、连贯且可执行。
These include contracts, agreements, licenses, trusts, shareholder agreements, voting proxies, technology licenses, and other legal tools. Such arrangements operate alongside SPVs, creating a dual structure of "legal rights flow" and "economic control flow." The substance of corporate control and the legal effectiveness of the structure largely depend on whether these legal relationships are designed in a coherent, enforceable, and efficient manner.
指由投资主体直接持有被投资主体，其优点在于简单、易操作，运营维护成本相对较低。
A direct investment structure refers to a setup in which the investor directly holds the invested entity. Its advantages include simplicity, ease of operation, and relatively low operational and maintenance costs.
指由投资主体通过1个或多于1个控股平台公司间接持有被投资主体，其优点在于可以通过利用中间层控股平台所在辖区与投资主体和被投资主体所在辖区的税收协定降低利润汇回以及未来退出的税负。此外，境外利润以合理的形式停留在中间层控股平台也便于企业在境外进行其他投融资活动，提升资金的灵活性和流动性。
An indirect investment structure refers to a setup in which the investor holds the invested entity indirectly through one or more holding platform companies. Its advantages include the ability to leverage tax treaties between the jurisdiction of the intermediate holding platform, the investor, and the invested entity, thereby reducing taxes on profit repatriation and future exit. In addition, retaining overseas profits in the intermediate holding platform in a structured manner facilitates other offshore investment and financing activities, enhancing capital flexibility and liquidity.
长按屏幕识别二维码
打开手机扫描二维码
