Private Equity & Venture Capital

Tax advisory for fund managers, LPs, and portfolio companies.

Tax Issues

PE/VC Tax Challenges

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Fund Structuring

Bahrain LP/GP structures under CBB oversight. Investment Company license vs Authorized Fund structure. Management fees VAT — financial services exemption analysis. Fund administration costs.

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Carried Interest

No capital gains tax on carried interest in Bahrain. No personal income tax on GP distributions. Pillar Two may impact funds affiliated with large MNEs — SBIE analysis needed.

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Portfolio Tax

Tax due diligence on acquisitions. Post-acquisition VAT optimization. Exit structuring — share vs asset sale analysis. Holding company intermediary use cases.

Fund Types

Who We Serve

📊 Buyout Funds

Leveraged buyouts and management buyins. Debt structuring, target DD, and post-acquisition integration.

🚀 Venture Capital

Early-stage and growth equity investments. Convertible notes, SAFE agreements, and down-round protections.

🏠 Real Estate Funds

Property acquisition and development funds. REIT structuring, rental income VAT, and property transfer fees.

🌍 Fund of Funds

Allocating capital across multiple underlying funds. Layered fee structures and management fee VAT treatment.

PE/VC Advisory

From fund formation to exit — specialist alternative asset tax advice.

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