Business Valuation for US Estate Tax Purpose
Valtech’s valuation team has recently completed a business valuation of a local food distributing company for United States estate tax purposes.
The subject company is a Hong Kong-based company with long operating history in importing and distributing foreign food to local restaurants. We have in-depth communications with the management team in relation to the prospect of the subject company before we provide our opinion. Our conclusion is based on both discounted cash flow analysis and market approach, ensuring that the result matches the management teams’ opinion and also won’t deviate from market expectations.
Why Professional Valuer?
Unlike normal listed companies in Hong Kong which follows IFRS in their financial reporting, this valuation is based on US GAAP for US estate tax purpose. The two accounting standards have some key differences that people may easily overlook. Engaging a professional valuer with a competent accounting background can help customers to prevent potential mistakes of mixing up the 2 standards. Valtech Valuation is experienced in handling valuations based on both US GAAP and IFRS.
