Case Studies

Tax Advisory on Cross Border Transactions

As one of the recent tax advisory projects, UHY Tax was engaged to study and provide advice on tax implications on cross border transaction involving an Energy Service Company (ESCO) listed in the Hong Kong Stock Exchange.

This Company provides a broad range of energy solutions including designs and implementation of energy saving projects, retrofitting, , energy conservation, energy infrastructure outsourcing and comprehensive energy audit for the facilities and identifies improvements to save energy at no upfront investment cost to its clients.

In 2015, the Company became one of the leading energy management contract providers in Asia and the first ESCO listed on the Hong Kong Stock Exchange. Concurrently, the Company has further expanded its environment and energy-related businesses across a wide area including green building facade lighting and renewable solutions.

Currently, this highly prestigious Company has its footprints in over 20 different countries, making it a highly recognized multi-national company.


UHY Tax has provided advisory services and opinion in relation to the integration of corporate tax compliance and tax issues in Malaysia, Labuan Offshore, Hong Kong and Indonesia with a successful collaboration with our international business and tax consultants.

As the tax advisor, the UHY Tax Team provided:

  • Opinion on the most tax efficient structure and transactions.
  • Opinion on the formation of a Labuan Offshore company and implement the optimised business model in Labuan.
  • Opinion on effectiveness of applying Double Tax Treaties amongst the relevant countries.


UHY Tax was selected for this engagement as their tax advisors because it has extensive experience in conducting global tax planning and identifying the key areas of risk with reference to the Company's intent, objectives and structure. UHY Tax worked closely with the Company's top management personnel to ensure that the tax plan fits into their business plan.