ELEMENTAL COSEC LIMITED

Mytilineos (Metka) has extensive experience in large-scale solar energy projects with projects across 5 continents.

Establishing a UK presence for a billion Euro Greek Group

Our client, Mytilineos is a multinational Greek conglomerate with a market cap of over $1.5bn; it is one of the 20 largest companies in Greece. Its operations span Metallurgy, EPC, Electric Power and Gas Trading.

We have advised the group on how to use the UK as an intermediary holding jurisdiction, providing detailed tax advice on the UK’s double tax treaty network, the dividend exemption and interest deductibility rules. The group has, via the UK and with our advice, expanded in to half a dozen international jurisdictions.

Elemental now also assist with bookkeeping, accounting, corporation tax, HR, payroll, pensions, Capital Gains Tax, VAT, Intrastat reporting, CbC reporting, company secretarial and legal matters.

Mytilineos is also a leader in metallurgy and one of the largest vertically integrated aluminium producers in the EU.

Company details

Incorporated:
18 July 2011
Industry:
Metallurgical process plant
"Elemental CoSec was introduced to us by our sister company in the UK. They have helped us all through branch installation, tax and accounting subjects, being always responsive, supportive and professional. A team that I would, without hesitation, recommend as partners."
Thrasyvoulos Drakoulis Financial Controller Metka, a Mytilineos company