Special Purpose Vehicles

A Special Purpose Vehicle (SPV) is a financial entity created for the purpose of fulfilling a very specific or temporary objective. It is separated from the sponsoring or parent company and may be controlled by several companies working together. SPVs are typically used by companies to isolate the firm from financial risk. A company will transfer assets to the entity for management or to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk. In certain jurisdictions specific ownership percentages may be required.

Jurisdictions of Preference:

• Ireland
• Latvia

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