Split up of a property investment company

I have a client property investment limited company which holds mainly commercial but some residential properties which is owned by 3 shareholders. The shareholders want to split the company up equally into 3 separate limited companies. Would the way to do this be by a s110 demerger and, if so, are there any tax implications including stamp duty.

Does anyone know of any other easier way to split the company. Company is worth about £6m.

Thanks

 

Comments
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Demerger

gbuckell |

Demerger

VLS |

Stamp Duty

VLS |

Stamp duty

gbuckell |

Once again, thanks for you

VLS |