Generationsskifte af aktiviteten i Den-Jet Koncernoversigt nr. 1 Spørgsmål 4 Kan Den-Jet Private Ltd skattefrit og uden andre afgifter ombytte sine aktier i Den-Jet Europe A/S med aktier i et nyt holding selskab, Den-Jet Private Holding I Ltd. Selskabet skal stiftes og registreres i Singapore? Spørgsmål Kræver en ombytning af aktier, at der beregnes goodwill for aktierne i Den-Jet Europe A/S, når der ikke sker formueforskydning mellem kapitalejerne eller andre skattefordele? Spørgsmål 6 Kan Den-Jet Private Holding I Ltd skattefrit og uden andre afgifter ombytte sine aktier i Den-Jet Europe A/S med aktier i et nyt holding selskab, Den-Jet Private Holding II Limited. Selskabet skal stiftes og registreres i Singapore? Spørgsmål 7 Kan Den-Jet Private Ltd skattefrit og uden andre afgifter sælger sine aktier i Den-Jet Marine Private Limited, Den-Jet Industry, Den-Jet Australia og Den-Jet Ningbo til Den-Jet Private Holding II Ltd? Spørgsmål 8 Kan Den-Jet Private Ltd skattefrit og uden andre afgifter spaltes til 5 holdingselskaber. Selskaberne stiftes i Singapore. Skal der i f. med spaltningen beregnes en markedsværdi for Den-Jet koncernen inkl. goodwill og skal den foreligges Skat i Singapore til godkendelse. Vil Skat i Danmark/Singapore pålægge et ”holdingkrav” på de nystiftede singaporianske selskaber, dvs. at de dannede holdingselskaber i en periode på tre år efter vedtagelsen af spaltningen ikke må sælge deres kapitalandele? 5 Kan der i en periode på 3 år efter holdingselskabernes stiftelse skattefrit og uden andre afgifter udloddes overskydende likviditet fra koncernens selskaber til de 5 holdingselskaber, BJ Holding Ltd, HJ Holding Ltd, LJ Holding Ltd, MJ Holding Ltd og SJ Holding Ltd? 6 Kan BJ Holding Ltd og HJ Holding Ltd straks/eller efter 3 år efter holdingselskabernes stiftelse skattefrit og uden andre afgifter sælge deres aktier i Den-Jet Holding I Limited til LJ Holding Ltd, MJ Holding Ltd og SJ Holding Ltd? Bør beregnet markedsværdi for Den-Jet koncernen inkl. goodwill foreligges Skat i Danmark/Singapore til godkendelse, eller i stedet tages et skatteforbehold for værdien i overdragelsesaftalen? Hvordan værdiansættes aktier/præferenceaktier i Den-Jet Private Ltd ved spaltningen, så der ikke sker formueforskydning? 7 Kan finansiering af overdragelse ske ved kontant kombineret med gældsbrev uden udløsning af skat eller andre afgifter? 7 Hvis Hanne og Benny Jensen vil fraflytte Danmark, BJ Holding Ltd og HJ Holding Ltd ikke ejer andele i Den-Jet koncernen, og så vil en ”fraflytter aktieavance” skulle beregnes ud fra de aktiver holdingselskaberne ejer på fraflytningstidspunktet? Ovenstående bør vurderes af koncernens skatterådgiver i Singapore samt et af de internationale revisionsfirmaer med afdeling i såvel Danmark som Singapore. Alt forudsætter, at det kan ske skattefrit og godkendes af Skat i Danmark og Singapore.

Generational change of activity in Den-Jet Group overview # 1 Question 4 Can Den-Jet Private Ltd exchange its shares in Den-Jet Europe A / S tax-free and without other taxes with shares in a new holding company, Den-Jet Private Holding I Ltd. The company to be established and registered in Singapore? Questions Does an exchange of shares require goodwill to be calculated for the shares in Den-Jet Europe A / S when there is no wealth transfer between the capital owners or other tax benefits? Question 6 Can Den-Jet Private Holding I Ltd exchange its shares in Den-Jet Europe A / S tax-free and without other taxes with shares in a new holding company, Den-Jet Private Holding II Limited. The company to be established and registered in Singapore? Question 7 Can Den-Jet Private Ltd sell its shares in Den-Jet Marine Private Limited, Den-Jet Industry, Den-Jet Australia and Den-Jet Ningbo to Den-Jet Private Holding II Ltd tax-free and without any other taxes? Question 8 Can Den-Jet Private Ltd be tax-free and with no other taxes split into 5 holding companies. The companies are founded in Singapore. If, for example, the cleavage is to be calculated a market value for the Den-Jet Group incl. goodwill and must be taxed in Singapore for approval. Will Tax in Denmark / Singapore impose a "holding requirement" on the newly established Singaporean companies, iethat they formed holding companies for a period of three years after the adoption of the split may not sell their shares? 5 Can a surplus liquidity be distributed from the Group's companies to the 5 holding companies, BJ Holding Ltd, HJ Holding Ltd, LJ Holding Ltd, MJ Holding Ltd and SJ Holding Ltd, for a period of 3 years after the founding companies were tax-free and without other taxes? 6 Can BJ Holding Ltd and HJ Holding Ltd sell their shares in Den-Jet Holding I Limited to LJ Holding Ltd, MJ Holding Ltd and SJ Holding Ltd immediately, or after 3 years after the founding companies' foundations, without tax. Should calculated market value for the Den-Jet Group incl. goodwill is there tax in Denmark / Singapore for approval, or is there a tax reservation for the value in the transfer agreement? How are shares / preference shares in Den-Jet Private Ltd valued at the split so that there is no wealth shift? 7 Can the transfer of funds be made by cash combined with debt securities without the release of tax or other charges? 7 If Hanne and Benny Jensen want to vacate Denmark, BJ Holding Ltd and HJ Holding Ltd do not own shares in the Den-Jet group, and then will a “divesting share capital” be calculated based on the assets the holding companies own at the time of relocation?The above should be assessed by the Group's tax adviser in Singapore as well as by one of the international audit firms with branches in both Denmark and Singapore. Everything assumes that it can be tax-free and approved by Tax in Denmark and Singapore.