Your Global Advisers:
Media and EntertainmentSeptember 2017
ContentsIntroduction 2
ARGENTINA
Hugo Tejero & Associates 4
AUSTRALIA
Hayes Knight 6
CANADA
Sloan Partners LLP 8
COLOMBIA
Triana, Uribe & Michelsen Ltda 10
GERMANY
GKK PARTNERS 12
HONG KONG
CWCC 14
SPAIN
ILV SILVER 16
UNITED KINGDOM
Kingston Smith LLP 18
UNITED STATES
Kingston Smith Barlevi 20
Marks Paneth LLP 22
www.morisonksi.com
Disclaimer: Morison KSi is a global association of independent professional firms. Professional services are provided by individual member firms. Morison KSi does not provide professional services in its own right. No member firm has liability for the acts or omissions of any other member firm arising from its membership of Morison KSi.
2 3www.morisonksi.com www.morisonksi.com
About Morison KSi's Media GroupMorison KSi Media Group has been formed by member firms of Morison KSi that have a well-established and recognised specialism in the media sector.
The aim of this group is to offer a worldwide service with a specialist focus on the media sector alone. By working together as a group, we have an unparalleled basis of commercial knowledge, allowing us to identify opportunities and challenges for our media clients.
Through combining resources and expert knowledge of the industry on a global level, each member is able to add value to the support they provide their clients, whether their strategy for growth involves international expansion or accelerated growth within an existing market.
How we can helpEach of our member firms has specialist expertise in the media sector. The benefit of the group is that these services are wholly international to ensure that we can fulfil all our clients’ needs.
About Morison KSi's Media GroupMorison KSi is a global association of leading professional service firms, established to meet the cross-border accounting, auditing, tax and business consulting needs of clients. Morison KSi has over 150 members in more than 80 countries and has a combined turnover of over $1bn.
MORISON KSi MEDIA GROUP CONTACT
Graham TylerPartnerKingston Smith LLPE [email protected] +44 20 7304 4646
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SERVICES INCLUDE
TAX SERVICES
• Company and personal tax
• Tax incentives
ADVISORY SERVICES,
INCLUDING CROSS-BORDER
CORPORATE FINANCE
• Benchmarking against
other media companies
• Employee incentives
• Mergers and acquisitions
• Exit planning, including
pre-sale tax planning
• Succession planning
• Growth capital
• Business valuations
• Profit improvement
reviews
SETTING UP A BUSINESS IN
A NEW TERRITORY
• Funding
• Business structuring and
incorporation
• Tax planning, including
company taxes and cross-
border transactions
• Tax incentives
• Bookkeeping and
accounts
• Employment
• Personal tax
AUDIT AND ACCOUNTS
• Accounts preparation
• Bookkeeping and
management accounts
Morison KSi Media Group The Morison KSi Media Group covers nine jurisdictions, all of which are key international media hubs:
Hugo Tejero & Associates Argentina (Buenos Aires)
Hayes Knight Australia (Sydney)
Sloan Group LLP Canada (Toronto)
Triana, Uribe & Michelsen Ltda Colombia (Bogotá)
GKK Partners Germany (Munich)
CWCC Hong Kong
ILV SILVER Spain (Barcelona and Madrid)
Kingston Smith LLP United Kingdom (London)
Kingston Smith Barlevi USA (Los Angeles)
Marks Paneth LLP USA (New York)
4 5www.morisonksi.com www.morisonksi.com
About Hugo Tejero & AssociatesHugo Tejero & Associates is the leading business and tax consulting firm in Argentina for the marketing services industry since 1970.
We are advisers for the Argentine Advertising Association (AAP), Digital Agencies Association (Interact), Media Buying Agencies Association (CAAM) and our portfolio is made up of multinational and independent agencies.
We conduct regular surveys about the sector, including the highly-praised survey monitoring the annual position and performance of more than 300 agencies.
Due to our expertise in the sector, and as leaders advising the marketing communications industry, we have helped Government functionaries to define, adapt and write acts and laws regarding advertising business on several occasions.
Working for the associations, we have also secured several changes to acts regarding VAT, gross income tax and withholdings regulations.
We have a group in Linkedin for Hispanic media professionals “Innovación + Contenido : El futuro de la publicidad, los medios y el entretenimiento” (Innovation + content: the future of advertising, media and entertainment) with 6,000 followers. https://www.linkedin.com/groups/2047020.
We are able to provide a full range of audit, due diligence, accountancy, tax, payroll, HR and corporate finance services. Such specialist areas of advice include benchmarking, succession
Hugo Tejero & Associates Location: Argentina, Buenos Aires
Size: 5 partners; 20 professionals
Media specialism: Marketing services, media, commercial production, TV and film production
planning, exit planning, business valuations, corporate development plans, preparing for sale and tax advice.
We have over 60 clients spread across the media sector, covering all the key disciplines within marketing services, TV and commercial production and media. Between them, these clients cover all stages of development, from start-ups through to multinationals and NYSE listed groups.
Hugo TejeroPartner
Specialism: Tax, corporate finance and negotiations with government bureaus E [email protected] +54 11 4553 7000
“I’ve been a client of Hugo Tejero & Associates for more than 25 years, and in all agencies and companies I’ve been managing, I have always received high quality, precise and valuable advice from them. If in the future I manage another company, I will surely trust on them again to be our advisors.”Ricardo Fitz-Simon, CEO of CCR Argentina SA and General Manager of Espacios SA. Former CEO of JWT Argentina, JWT Mexico and Grupo America
CONTACTHugo Tejero & Associates: Maure 4109, 1st Floor ABuenos Aires, C1427EFMT +54 11 4553 7000www.tejero-ksi.com.ar
SOME OF OUR HIGH PROFILE CLIENTS • Ogilvy• JWT• GroupM
• Kantar• Wunderman• David
• Havas Group
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Matias TejeroPartner
Specialism: Due diligence, tax and corporate developmentE [email protected] +54 11 4553 7000
Martiniano GalliPartner
Specialism: Marketing services taxesE [email protected] +54 11 4553 7000
Nicolás CastroPartner
Specialism: Payroll and HRE [email protected] +54 11 4553 7000
Lucas MervichPartner
Specialism: Audit and business intelligenceE [email protected] +54 11 4553 7000
SERVICES INCLUDE
BUSINESS INCORPORATION
• Company structuring
• Company registration
TAX
• Corporate tax
• Personal tax
• VAT services
• Transfer pricing
• Tax incentives and tax
reliefs
ACCOUNTING
• Bookkeeping and
management accounts
• Accounts preparation
• Audit
• Compliance
EMPLOYMENT SERVICES
• Employment law and
contracts
• Employer taxes
• Employee incentive
schemes
• Payroll
CORPORATE FINANCE
• Succession planning
• Business valuations
• Partner enter/exit
negotiations
• Business plans
• Corporate development
• Vendors audit
• Due diligence
PROFIT IMPROVEMENT
• Profit improvement
reviews
• Business intelligence
• Benchmarking –
identifying key
performance indicators
to improve financial
performance
We are members of the Advertisers Chamber (CAA) http://anunciantes.org.ar/, Advertising Information Center (CIP) http://www.cip.org.ar/, British Argentine Chamber of Commerce (BACC) http://www.baccnetwork.com/, where we often run seminars and presentations for training and business development. We also collaborate with trade press on subjects relating to the industry.
Our specialist company Advertiseware SA is the leading tax compliance and payroll outsourcing provider for the marketing communications industry in Argentina. It is responsible for outsourcing tax, payroll, bookkeeping and BPO in different type of agencies, such us creative, media, sales promotion, PR, market research, digital and production houses.
6 7www.morisonksi.com www.morisonksi.com
About Hayes KnightHayes Knight is an Australian mid-tier accounting and advisory firm, with a 40-year history of working with business clients, and assisting them in their growth and development.
Located in Sydney, Hayes Knight has developed a significant presence across a range of media sectors. We offer everything that businesses and professionals need to grow, develop, sustain and capitalise on the opportunities available to them in Australia and internationally. Specialist directors head teams who will guide you through all of your business needs. Beyond our Sydney location we can provide services right across Australia, and global reach through our international connections.
We are able to provide a full range of accounting, audit and advisory services. These include all of the normal compliance services a business will require to operate in the Australian market, together with specialist advice services when something additional is needed. Tax planning, structuring your business, working through fast growth phases, mergers, acquisitions and related requirement are all managed by a specialist team.
Often as a new business or a business entering a new country you need more than simply an adviser who can answer your questions. You may need someone who can anticipate the issues you will be dealing with and who will proactively advise
Hayes Knight Location: Sydney, Australia
Size: 10 directors, 48 Professionals
Media specialism: TV and film production, theatre, publishing, media based training, research, casting agents, public relations
Mario RacitiDirector
Specialism: Business servicesE [email protected] +61 2 9221 6666
CONTACTHayes Knight: Level 2, 115 Pitt Street, Sydney, NSW, 2000 AustraliaT +61 2 9221 6666www.hayesknight.com.au
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Linda JingDirector
Specialism: Tax advisoryE [email protected] +61 2 9221 6666
Craig RosenDirector
Specialism: Business servicesE [email protected] +61 2 9221 6666
Greg HayesDirector
Specialism: Corporate finance and business consultingE [email protected] +61 2 9221 6666
you on areas that you need to consider. We do more than come equipped with the answers – we will talk to you about the questions you should be asking.
Each client has a designated client relationship director who will work with you to ensure that your business needs are met and who will engage specialists from within our firm where they are required. Whilst you may work with a number of specialists across our firm you will always have one main point of contact – someone who understands your business and works closely with you.
Our media clients include performers, production houses, TV, publishing, technology, theatre, education and training, and public relations, together with a range of support services necessary to the media sector. Large or small, we have the service capability to look after you.
SOME OF OUR HIGH PROFILE CLIENTS • GNW TV• Evolution Media
• Access Public Relations
• Growth Mantra• Mullinars Casting
SERVICES INCLUDE
BUSINESS ESTABLISHMENT
• Ownership structures
• Company registration
• Corporate secretarial
services
• Business registrations and
being business-ready
TAX
• Corporate tax
• Personal tax
• Tax planning advice
• GST reporting
• R&D tax grants
ACCOUNTING & AUDIT
• Accounts management
• Audit
• Compliance services
• Management reporting
EMPLOYMENT SERVICES
• Payroll services
• Advice on relocation
CORPORATE FINANCE
• Valuations
• Due diligence
• Mergers and acquisition
advice
• Succession planning
8 9www.morisonksi.com www.morisonksi.com
About Sloan GroupSloan Partners is a well-established firm of accountants and business advisors based in Toronto, Canada. The firm has an excellent reputation as trusted advisors who can be relied upon to provide solid advice and sound judgement on a range of business and tax issues .
Canada has always had a strong creative sector and in particular its film and TV industry has a worldwide reputation and it is a regular destination for overseas production companies.
We have regularly advised on a range of issues in this regard covering production accounting, Canadian tax returns and withholding tax, amongst others.
We work with all types of businesses from small individuals to major corporations and provide them with the full array of services. We are Chartered Professional Accountants and our work is tailored to provide added credibility to our clients’ financial statements
Our tax practice deals with compliance as well as the implementation of tax minimisation planning and strategies. We have obtained favourable rulings for our clients at the Appeals Division and Tax Court of Canada.
Sloan Partners LLPLocation: Toronto, Canada
Size: 8 partners and 27 professionals
Media Specialism: Live entertainment, film production, financing, media technology, publishing
Allen SloanPartnerSpecialism: Marketing services, business consulting, media techE [email protected] +1 416 665 7735
CONTACTSloan Partners LLP: 4646 Dufferin Street, Suite 6, Toronto, ON M3H 5S4, CanadaT +1 416 665 7735www.sloangroup.ca
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Jerry PaskowitzPartnerSpecialism: Business consulting, live entertainmentE [email protected] +1 416 665 7735
Alon RoitbergPartnerSpecialism: Media tax credits, marketing servicesE [email protected] +1 416 665 7735
Greg McRaePartnerSpecialism: Corporate finance, publishingE [email protected] +1 416 665 7735
SERVICES INCLUDE
• Assistance to accountants
in compilation and
assurance engagements
• Assistance to client
accounting personnel
• Assurance services (audit
and review engagements)
• Bookkeeping and
reconciliations
• Business and financial
planning
• Business improvement
consulting
• Cash flow analysis
• Commodity tax consulting
• Compilation engagements
• Domestic and international
tax consulting
• Duty drawback claims
• Financial analysis
• Financing proposals
• Franchising
• Government grant
applications
• Income tax compliance
• Income tax minimisation
planning
• International transfer
pricing consulting
• Licensed public
accounting
• Litigation support
• Mergers, acquisitions and
divestitures
• Needs analysis and
project management/
implementation of IT
infrastructure
• Projections and forecasts
• Scientific research
and experimental
development tax credits
• Strategic marketing
analysis
• Systems and processes
analysis
• Valuation of intellectual
property
Other services we provide include valuations, litigation support, financial planning and transfer pricing analysis. Our clients include small individuals to major corporations. We have extensive experience of coordinating with clients who operate in more than one territory and in coordinating with their local professional advisors.
At all times, we aim to provide a creative, insightful and responsive service to our clients, whilst undertaking our work with competence and care.
You can count on us to make a difference to your business.
10 11www.morisonksi.com www.morisonksi.com
About Triana, Uribe & MichelsenWith more than 20 years experience, Triana Uribe & Michelsen is known in Colombia, and in many other jurisdictions, as a sharp boutique firm in intellectual property and litigation, as well as a corporate practice that provides its clients with a broad, specialised service via its national and international associations of law firms. In 2017, a Competition, Data Protection and Consumer Protection Department was incorporated.
Our legal expertise is complemented by management consulting and international business development services, which include: scenario strategic planning development, corporate governance, organisational design, executive talent search and management, commercial effectiveness programs, and growth and trade strategies.
Triana Uribe & Michelsen is member of: Morison KSi, ALFA International and Global Advertising Lawyers Alliance (GALA). Individually, the partners are members of: International Trademark Association (INTA), American Intellectual Property Law Association (AIPLA), International Association for the Protection of the Industrial Property (AIPPI), International Bar Association (IBA), Interamerican Association of Intellectual Property (ASIPI), Licensing Executive Society (LES Colombia / Ecuador / Peru), Asociación Colombiana para la Propiedad Industrial (ACPI), Centro Colombiano del Derecho de Autor (CECOLDA), Instituto Colombiano de Derecho Tributario (ICDT), Chamber of Commerce of Bogotá (CCB).
Triana, Uribe & Michelsen LTDA Location: Bogotá, D.C., Colombia
Size: 4 partners, 35 professionals
Media specialism: Internet law, advertising law, data protection and privacy rights, consumer protection, personal rights and image rights, journalism, audio-visual production incentives
Juan Pablo Triana SotoPartnerSpecialism: Corporate law and tax lawE [email protected] +57 1 601 96 60
“Triana, Uribe and Michelsen is a good option for one-stop IP shopping and its prosecution and strategy practice is also highly respected” and “an outstanding firm which is chiefly hailed for its redoubtable IP litigation capabilities and its seriously good attorneys glean enthusiastic praise from all corners of Latin America.” World Trademark Review 1000
“An excellent firm for trademark matters and particularly good in litigation” Chambers Latin America
“Litigation & Trademark Law Firm of the Year in Colombia” – 2014 and 2016 Corporate Intl Global Awards
“ADR Law Firm of the Year: Colombia” 2014 Dispute Resolution Awards CONTACT
Triana, Uribe & Michelsen Ltda: Calle 93B # 12 – 48 Piso 4,
Bogotá D.C. 110221, ColombiaT +57 1 601 96 60www.tumnet.com
SOME OF OUR HIGH PROFILE CLIENTS • Alcon Laboratories, Inc.• Dell, Inc.• Mattel, Inc.• Netflix, Inc.
• Snap-On Technologies, Inc.• Harley-Davidson Motor
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Juan Carlos Uribe RestrepoPartnerSpecialism: Contracts, entertainment law, advertising law, franchising law and intellectual property lawE [email protected] +57 1 601 96 60
SERVICES INCLUDE
INTELLECTUAL PROPERTY LAW
Study, development, surveillance, and national and international registration of:• Trademarks• Industrial designs• Patents• Copyrights• Utility models• Industrial secrets• Trade names• Commercial names• Trade emblems• Denominations of origin• Domain names• Health registrations• License agreements• Plant varieties• Cultural property
COMMERCIAL LAW
• Corporate matters (company structuring, company registration, funding, M&A, succession planning, exit planning, business valuations, business plans, pre-sale tax planning and due diligence)
• Contracts• Corporate governance
• Franchise law• Licensing law• Foreign investment• Advertising and
entertainment law (incl. sports and gaming law)
• Internet law• Medicine and ethics• Products liability
DATA PRIVACY LAW, CONSUMER PROTECTION AND COMPETITION LAW
• Assistance in defense and compliance of competition matters (mergers, abuse of dominant position, bid rigging, unfair competition, leniency program)
• Consumer protection matters (consumer information, advertising, warranties, technical regulations)
• Data protection law (registration, scope)
EMPLOYMENT LAW
• Employment law and contracts
• Advice on relocation• Employer taxes
• Employee incentive schemes
• Payroll• Immigration and
nationality
TAXES
• Corporate tax• Personal tax• VAT services• Tax incentives
LITIGATION
• Alternative dispute resolution (mediation, conciliation, arbitration)
• Before national courts and other decision taking entities
• Insolvency, liquidation, and creditors’ rights
MANAGEMENT CONSULTING
• Development of strategic agendas for top management teams
• Development of corporate governance schemes
• Design and implementation of growth strategies
• Development of organisational transfrmation processes
• Organisation and professionalization of family owned firms
12 13www.morisonksi.com www.morisonksi.com
About GKK PARTNERSGKK PARTNERS is an auditing and tax consulting company. Since 1998, GKK PARTNERS has specialised in advising medium sized companies, meeting their requirements with personal and competent support. This unconditional quality requirement is guaranteed by a team of around 100 qualified and highly motivated employees in Munich.
With many years of experience and personal commitment, our clients are those companies who attach particular importance to having a reliable partner on side for tax, auditing and business advice. We see ourselves as an entrepreneur’s firm, and so this is how we think and act: holistically entrepreneurial, sustainable and always driven by the view of the business success of our clients.
We are very experienced in advising and auditing various film and media companies. Our range of media services includes: preparation and auditing of financial statements and group financial statements in accordance with the German Commercial Code (HGB) and IFRS, preparation of annual tax returns, payroll and financial accounting, advice on special balance sheet issues, ongoing tax advice, support during tax audits, expert opinion reports on the taxation issues associated with potential film projects, and artists’ taxation in an international context.
GKK PARTNERSLocation: Munich, Germany
Size: 7 partners; 100 professionals
Media specialism: Media, TV and film production
Herman KrämerPartner
Specialism: Tax advisory E [email protected] T +49 (0) 89 38 99 78 0
CONTACTGKK PARTNERS: Ohmstraße 15, 80802 Munich,,s GermanyE [email protected] T +49 (0) 89 38 99 78 0www.gkkpartners.de
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Christian BergerSenior Manager
Specialism: Tax advisoryE [email protected] T +49 (0) 89 38 99 78 0
SERVICES INCLUDE
TAX
• Advice on current tax
issues
• Preparation of annual tax
returns
• Filing of tax returns
• Tax audits
• Inheritance planning
• International tax and
transfer pricing
• Transaction tax
• Tax planning and tax
structuring
AUDIT AND ASSURANCE
• Preparation of financial
statements and group
financial statements
• Audit of financial
statements and group
financial statements
• Special audits
• Internal audits
ADVISORY SERVICES
• Transaction advice
• Company valuations
• International accounting
(IFRS)
• Value Added Tax
• Leasing
• Film and media
• Family office
• Italian desk
FINANCIAL ACCOUNTING &
PAYROLL SERVICES
• Outsourcing
• Interactive cooperation
• In-house solutions support
"For about 20 years, GKK PARTNERS has been advising us on numerous national and international film projects. Even if the complexity of the projects increases, GKK always keeps an overview and accompanies us with a lot of competence. At the same time, the cooperation is a lot of fun. We look forward to further projects!” Sven Burgemeister, Producer, Winner of the ‘Deutscher Filmpreis’, Managing Director of TV60FILMPRODUKTION GmbH and GOLDKIND FILMPRODUKTION GmbH & CO. KG
14 15www.morisonksi.com www.morisonksi.com
CWCC Location: Hong Kong, Shenzhen, Shanghai, Beijing, Nanchang
Size: 5 directors, 86 professionals
Media specialism: Marketing research, advertising, performers, film production, newspapers and internet advertising
About CWCCGeneral information of CWCC CPA Limited (“collectively known as CWCC”) :
CWCC was established in 1986 and is one of the first Hong Kong CPA firms to set up a mainland office in 1994. Today we have a network of offices in Hong Kong, Shenzhen, Shanghai, Beijing and Nanchang. All of these mainland offices are wholly owned by CWCC. Working with a single and substantially integrated firm across China, clients are assured of reliable communication, timely advice, and consistent quality of service. Clients can brief one office on work to be delivered at another.
We offer a wide range of services, including specialist business advisory focusing on China business, audit and other assurance, tax, corporate secretarial and business process outsourcing. Complementing our international experience and global outlook, a key strength is our understanding of the languages, customs, laws and business practices across the Chinese-speaking world. Our Japan Business Advisory desk is one of the longest established in Hong Kong.
Eddie ChanManaging Director
Specialism: Corporate finance and taxE [email protected] T + 852 2956 2288
CONTACTCWCC: Suites 1201-4, 12/F, Tower 2, The Gateway, 25-27 Canton Road, Tsim Sha Tsui, Kowloon, Hong KongT + 852 2956 3333 E [email protected]
SOME OF OUR HIGH PROFILE CLIENTS • ISI-Dentsu• Yomiuri• M&C Saatchi
(Hong Kong)• Max Concept• Carina Production• Stink Hong Kong
• AnalogFolk Hong Kong
• Living Group (Asia)
• SHAREit (HK) Technology
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Dennis ChungManaging Director
Specialism: Audit, IPO and migration consultancyE [email protected] T + 852 2956 3388
Tammy LimDirector
Specialism: Pre-IPO, China business advisory and taxE [email protected] T +852 2157 8383
Eddie WongDirector
Specialism: Audit and initial public offeringsE [email protected] T + 852 2157 8345
Winnie LiDirector
Specialism: Corporate secretarialE [email protected] T + 852 2157 8335
SERVICES INCLUDE
AUDIT AND OTHER ASSURANCE
• Statutory audit
• Internal control review
• Internal audit
• Financial due diligence
• Special audit for issues in
relation to mergers and
acquisitions
CHINA CONSULTING
• Setting up in mainland
China
• Entry and business
planning
• China tax, compliance and
company maintenance
• Transfer pricing
compliance and review
• Compliance and financial
review
• Mergers and acquisitions
CORPORATE FINANCE
• Transaction advisory
• Due diligence
• Investment capital
• Initial public offering
MIGRATION CONSULTANCY
• Individuals migration
services to Australia
BUSINESS PROCESS OUTSOURCING
• Accounting
• Payroll and treasury
processes
• Human resources support
CORPORATE SECRETARIAL
• Company formation and
business establishment
• Compliance and company
maintenance
• Dissolution of company
and business cessation
• Bank account opening
support
• Business licence
application
• Trademark registration
• Visa application
• Legal certification
• CEPA application
TAX SERVICES
• Individual income tax filing
• Corporate income tax
filing
• Tax investigations and
field audits
• Tax planning, wealth
protection and succession
• Global transfer pricing
• Tax equalisation
We offer practical advice on establishing overseas branches and companies, international tax planning for companies and individuals, offshore structures, international funding proposals, pre-IPO and matters relating to nationality and immigration.
We are very experienced in advising the group restructuring of retail and media businesses both in Hong Kong and China. Our range of media services includes setting up companies in mainland China, tax planning and advice on foreign exchange control compliance, and compliance of other regulations and laws of relevant government authorities, providing statutory audit both for their China and Hong Kong companies, and submission of reporting packages to overseas parent companies and auditors.
16 17www.morisonksi.com www.morisonksi.com
About ILV SILVERILV SILVER is a multidisciplinary professional services firm that provides audit and transaction services, and a wide range of business consultancy, accounting, tax, payroll, legal and other professional services for private and corporate clients in Spain. By coordinating the diverse skills and experience of its professionals, and by providing a greater level of partner dedication than larger firms, ILV SILVER is able to focus directly on the needs of its clients. Our objective is to help our clients make decisions so that they obtain the best possible Return on Investment.
Although ILV SILVER has a very broad service offering, we highlight specialisms in the following areas which are key to our experience in the Media sector:1) Transaction and due diligence services for business
acquisitions and investments in Spain2) Valuation of intangibles, including copyrights, trademarks and
licences – we collaborate with lawyers and often appear in court as expert witnesses in high-profile litigation
3) Tax structuring advice for the transfer of IP and transfer pricing services
4) Intellectual property legal services, including contracts for the transfer of artist and image rights
ILV SILVERLocation: Barcelona and Madrid, Spain
Size: 6 partners; 34 professionals
Media specialism: Valuation of copyrights, trademarks and licences
Ignacio de LaraPartnerSpecialism: Tax servicesE [email protected] +34 932411670
CONTACTILV SILVER: Calle Santaló 10-1, 08021, Barcelona, SpainT +34 932411670www.ilvsilver.com
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Carlos VallmitjanaPartner
Specialism: Audit and transaction servicesE [email protected] +34 932411670
Adrian HewittPartner
Specialism: Audit and business advisory to media and technology clientsE [email protected] +34 932411670
Steven van WijkAssociate partner
Specialism: Valuation of copyrights, trademarks and licencesE [email protected] +34 932411670
Luis IzquierdoPartnerSpecialism: Legal servicesE [email protected] +34 932411670
SOME OF OUR HIGH PROFILE CLIENTS • Warner Music
Group• Roadrunner
Records• Mirada TV
• Random House Mondadori (Bertelsmann)
• Sony• Maravilla Pictures
• Filmax Entertainment
• Nevision• Diagonal TV
SERVICES INCLUDE
BUSINESS ESTABLISHMENT
• Ownership structures
• Company registration
• Corporate secretarial
services
• Business registrations and
being business-ready
• Advice on relocation
BUSINESS MANAGEMENT
• Accounts management
• Payroll services
• Compliance services
• Management reporting
• Business modelling and
KPI identification
TAX
• Corporate tax
• Personal tax
• Tax planning advice
• Transfer pricing
• R&D tax grants
AUDIT
• Statutory audit
• Audit of public grants
• Forensic accounting
• Expert witness reports
LEGAL
• Corporate law
• Commercial law
• Labour law
CORPORATE FINANCE
• Due diligence
• Business valuations
• Valuations of trademarks,
copyrights and licences
• Deal advisory
Jeff SingerPartner
Specialism: Transaction and valuation servicesE [email protected] +34 932411670
18 19www.morisonksi.com www.morisonksi.com
About Kingston Smith LLPKingston Smith LLP is one of the UK’s top 20 audit, accounting and business advisory firms, and has been helping clients build their businesses for more than 90 years.
Kingston Smith LLP’s West End office, with its team of six partners and 60 staff, specialises in advising media businesses. We are able to provide a full range of audit, accountancy, tax and corporate finance services, as well as specialist ad-hoc advisory services on all financial issues. Such specialist areas of advice include employee incentive schemes, benchmarking, succession planning, exit planning, business valuations, profit improvement reviews, business plans, preparing for sale and transaction tax advice.
We have over 1,300 clients spread across the media sector, covering all the key disciplines within marketing services, TV, theatre and commercial production, media technology, publishing, consulting and music. Our services have been developed to advise growing, successful businesses at every stage of their growth, with our clients ranging from start ups and sizeable independents through to multinationals and AIM listed groups, as well as major West End and Broadway shows.
Kingston Smith LLP runs an annual survey on the financial performance of over 250 marketing services companies, providing benchmarking of key performance indicators for all the individual marketing services sectors reviewed, and an analysis of how various trends have affected the industry’s financial performance.
Kingston Smith LLPLocation: UK, London and South East
Size: 63 partners; 550 professionals
Media specialism: Marketing services, TV and film production, theatre, publishing, media tech, commercial production and music
Graham TylerPartnerSpecialism: TV, film & entertainmentE [email protected] +44 20 7304 4646
“Kingston Smith have provided a comprehensive audit, tax and advisory service to the Spark44 group of Companies since its incorporation in February 2011. This has included significant annual overseas audit work on our subsidiaries in Europe and the USA which has been performed efficiently and cost-effectively and has contributed to the smooth and timely production of consolidated statutory group accounts during this period. As the Spark44 group continues to expand into new overseas markets, we will have no hesitation in appointing the Kingston Smith team to undertake the audit of any new subsidiaries.”Alistair Cook, Chief Financial Officer, Spark 44
CONTACTKingston Smith LLP: Charlotte Building, 17 Gresse Street, London W1T 1QL, United KingdomT +44 20 7304 4646www.kingstonsmith.co.uk
SOME OF OUR HIGH PROFILE CLIENTS • Institute of
Practitioners in Advertising
• AnalogFolk
• Spark 44• MJZ • Red Brick Road• Cut & Run
• Blink Productions• Celador• Rattling StickU
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Esther CarderPartnerSpecialism: Marketing services, media techE [email protected] +44 20 7304 4646
Ian GrahamPartnerSpecialism: Marketing servicesE [email protected] +44 20 7304 4646
Val CazaletPartnerSpecialism: TV, film & entertainment, marketing servicesE [email protected] +44 20 7304 4646
Mandy MerronPartner – Corporate financeSpecialism: Marketing services, media techE [email protected] +44 20 7304 4646
Peter SmithsonPartnerSpecialism: Marketing services, TV, film & entertainment, media tech, publishing, theatreE [email protected] +44 20 7304 4646
Nicola HortonPrincipal – Corporate financeSpecialism: Marketing services, TV, film & entertainment, publishing, media techE [email protected] +44 20 7304 4646
Steven AndersonConsultantSpecialism: TheatreE [email protected] +44 20 7304 4646
SERVICES INCLUDE
BUSINESS INCORPORATION
• Company structuring
• Company registration
TAX
• Corporate tax
• Personal tax
• VAT services
• Tax incentives - R&D, SEIS,
EIS and creative tax reliefs
ACCOUNTING
• Bookkeeping and
management accounts
• Accounts preparation
• Audit
• Compliance
EMPLOYMENT SERVICES
• Employment law and
contracts
• Advice on relocation
• Employer taxes
• Employee incentive
schemes
• Payroll
CORPORATE FINANCE
• Funding
• Mergers and acquisitions
• Succession planning
• Exit planning
• Business valuations
• Business plans
• Pre-sale tax planning
• Due diligence
PROFIT IMPROVEMENT
• Profit improvement
reviews
• Benchmarking –
identifying key
performance indicators
to improve financial
performance
• Advice on commerciality
of a business within the
market
20 21www.morisonksi.com www.morisonksi.com
About Kingston Smith BarleviBased in Los Angeles, Kingston Smith Barlevi is a unique enterprise comprising US CPAs and UK Chartered Accountants who work together to help clients build their businesses.
With over three decades’ experience of working with clients on both sides of the Atlantic, we provide our clients with the tools and expertise they need to achieve their potential in business, wherever they choose to do so.
We measure ourselves on the strength of the relationship we build with our clients. Our personal approach, combined with our extensive resources, ensures we are able to provide a perspective on doing business that no other firm of our size is capable of matching.
Specialising in the media, entertainment and music industries, and working with individuals and companies alike, we offer a full range of compliance, tax and advisory and consultancy services.
Our custom personal service is backed by unrivalled international expertise; our 20 Los Angeles-based people work closely with our 300-strong London team. Meanwhile, our membership of Morison KSi gives us an active presence in 83 countries and access to the talent of over 10,000 professionals – all of whom share the passion and drive to see our clients achieve their ambitions.
Kingston Smith Barlevi Location: Los Angeles, USA
Size: 2 partners, 14 professionals
Media specialism: Commercial TV production, post production, music
CONTACTKingston Smith Barlevi: 11601 Wilshire Bl. Suite 1840, Los Angeles, California 90025, United StatesT +1 310 268 2016www.barlevicpa.comU
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Steven BarleviPresident/FounderSpecialism: TV, film & entertainment, music, post-productionE [email protected] +1 (310) 268 2016
Graham TylerPartnerSpecialism: TV, film & entertainment, post-production, commercial production, US-UK cross-border E [email protected] +1 (310) 622 7234
Gareth JonesSenior AccountantSpecialism: TV, film & entertainment, post-production, marketing services, US-UK cross-borderE [email protected] +1 (310) 622 7235
SERVICES INCLUDE
BUSINESS MANAGEMENT
• Company structuring• Company registration• Cashflow management and budgeting• Financial planning and resource allocation• Bill paying, banking and cash receipts; plus file maintenance
and record archiving• Consulting on major asset transactions• Payroll management and tax reporting• Income tax and business tax compliance• Estate, trust and gift planning
BUSINESS CONSULTANCY AND ADVISORY SERVICES
• Business structuring and company formation• Corporation tax compliance and advisory • Payroll management• Bookkeeping and management accounts• Cross-border staffing - compliance and advice
ENTERTAINMENT INDUSTRY ACCOUNTING AND CONSULTING
• Preparation of accounts• Assistance in the management and collection of royalties• Assistance with profit participations• Assistance with deferred compensation arrangements• Financial advice for individuals
TAX MANAGEMENT AND COMPLIANCE
• Tax compliance• Corporate tax advice• Personal tax advice• Liaison with trusts, trustees and executors and attorneys
• Cross-border transactions
International
We are the only firm of our size in California that has
an exclusive combination of US CPAs and UK chartered
accountants working together under one roof.
• Business structuring and company formation
• Setting up of bank accounts
• Registered office and company secretarial services
• Local tax compliance and advisory
• Payroll management
• Bookkeeping and management accounts
• Audit
• HR consultancy
“Rattling Stick Inc. has been a client of Kingston Smith Barlevi since our inception in 2011. Since then, they have consistently provided our company with professional and reliable service, meeting our needs both domestically and internationally with their superior expertise in the commercial production industry."Christine Berentsen, Controller, Rattling Stick
22 23www.morisonksi.com www.morisonksi.com
About Marks Paneth LLPMarks Paneth LLP, a premier accounting firm dating back to 1907, is ranked the 30th largest accounting firm in the nation, as reported by Accounting Today. With a team of nearly 700 people, including more than 90 partners, throughout the Mid-Atlantic Region, Marks Paneth LLP provides a full range of audit, accounting, tax, consulting, trade remediation and valuation services, as well as litigation and financial advisory services, to domestic and international clients. The firm serves clients in a wide range of industries including real estate; hospitality; manufacturing, wholesale and distribution; retail; media and entertainment; non-profit and government; financial and professional services industries; and high-net-worth individuals and their families.
Marks Paneth LLPLocation: New York, USA
Size: 90+ partners; 700 professionals
Media specialism: Production, internet and e-commerce, telecommunications, theatre, direct mail, television/motion picture production and distribution, radio stations, publishers and advertising and public relations firms
Richard Stern, CPAPartner, Theater, Media and Entertainment Practice
Specialism: Commercial, film and television production; advertising and digital media agencies E [email protected] +1 212 503 8861
CONTACTMarks Paneth LLP: 685 Third Avenue, New York, NY 10017, United States T +1 212 503 8800www.markspaneth.comU
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Thomas H. Engelhardt, CPA, PFS, CMA Partner, Commercial Business Group
Specialism: Advertising, design and digital media agencies E [email protected] +1 212 503 8868
SERVICES INCLUDE
TAX
• Federal, state and local tax planning and compliance
• Tax credits• Financial, trust, estate, gift
and succession planning• Preparation of estate tax
and fiduciary income tax returns and related filings
• Tax controversy services• International tax• Foreign tax certification
to minimise the impact of double taxation
• Transfer pricing studies
ACCOUNTING AND AUDIT
• Audits, reviews and compilations
• Due diligence in connection with acquisitions and divestitures
• Business planning and projections
• Corporate restructuring• Business valuations• Advise on initial public
offerings (IPOs)• Facilitation of bank
financing• Royalty and licensing
participation audits• Application of International
Financial Reporting Standards (IFRS)
BUSINESS MANAGEMENT AND CONSULTING SERVICES
• Bookkeeping• Bill payment and cash flow
management
• Cash flow analysis and planning
• Management of personal and family employees
• Payroll administration• Review of contracts
and agreements from a business perspective
• Assistance with purchasing and selling of assets
• Life and disability insurance oversight
• Risk analysis for property and casualty insurance and personal security
• Coordinate with attorneys to provide lifetime and post-mortem estate, gift and income tax planning
• Identification, organisation and analysis of assets and liabilities
• Intellectual property agreements and valuations
• Assistance with planned giving and philanthropic matters
• Participation in contract negotiations
• Assistance with trademark, patent and copyright matters
• Employee benefits planning
• Technology consulting including assistance with software review and selection
Our Theatre, Media and Entertainment Practice is dedicated to helping clients reduce costs, enhance efficiency, address regulatory and reporting matters, and meet the challenges of mergers and acquisitions that result from doing business on a global scale.
Our media and entertainment clients range from single-location marketing agencies, multinational commercial production studios and a multibillion-dollar provider of global advertising solutions.
24 25www.morisonksi.com www.morisonksi.com
Your Global Advisers: Media and EntertainmentARGENTINA . . . . . . . . . . . . . . . . . . . . . 4
Hugo Tejero & Associates Maure 4109, 1st Floor ABuenos Aires, C1427EFMArgentinawww.tejero-ksi.com.ar
Matías TejeroE [email protected] +54 11 4553 7000
AUSTRALIA . . . . . . . . . . . . . . . . . . . . . . 6Hayes Knight Level 2, 115 Pitt StreetSydney, NSW, 2000Australiawww.hayesknight.com.au
Greg HayesE [email protected] +61 2 9221 6666
CANADA . . . . . . . . . . . . . . . . . . . . . . . . 8Sloan Partners LLP4646 Dufferin Street, Suite 6Toronto, Ontario M3H 5S4Canadawww.sloangroup.ca
Allen SloanE [email protected] +1 416 665 7735
COLOMBIA . . . . . . . . . . . . . . . . . . . . .10Triana, Uribe & Michelsen LTDACalle 93B # 12 – 48 Piso 4Bogotá D.C. 110221Colombiawww.tumnet.com
Juan Pablo Triana SotoE [email protected] +57 1 601 96 60
GERMANY . . . . . . . . . . . . . . . . . . . . . . 12GKK PARTNERSOhmstraße 1580802 MunichGermanywww.gkkpartners.de
Herman KrämerE [email protected] T +49 (0) 89 38 99 78 0
HONG KONG . . . . . . . . . . . . . . . . . . . .14CWCCSuites 1201-4, 12/F, Tower 2, The Gateway, 25-27 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong
Eddie ChanE [email protected] T + 852 2956 3333
SPAIN . . . . . . . . . . . . . . . . . . . . . . . . . . .16ILV SILVERCalle Santaló 10-108021, BarcelonaSpainwww.ilvsilver.com
Jeff SingerE [email protected] +34 932411670
UNITED KINGDOM . . . . . . . . . . . . . . .18Kingston Smith LLPCharlotte Building, 17 Gresse StreetLondon W1T 1QLUnited Kingdomwww.kingstonsmith.co.uk
Graham Tyler E [email protected]: +44 20 7304 4646
UNITED STATESKingston Smith Barlevi . . . . . . . . . . . 20
Cont11601 Wilshire Bl. Suite 1840Los Angeles, California 90025United Stateswww.barlevicpa.com
Steven BarleviE [email protected] T +1 310 268 2016
Marks Paneth LLP . . . . . . . . . . . . . . . 22685 Third AvenueNew YorkNew York 10017United Stateswww.markspaneth.com
Richard Stern E [email protected] +1 212 503 8861
Disclaimer: Morison KSi is a global association of independent professional firms. Professional services are provided by individual member firms. Morison KSi does not provide professional services in its own right. No member firm has liability for the acts or omissions of any other member firm arising from its membership of Morison KSi.
