Special Purpose Vehicle (SPV)

What is an SPV?

A Special Purpose Vehicle is a separate legal entity created for a specific project or purpose, often to isolate financial risk.

Think of it like this…

It’s a dedicated container for one project, so problems don’t spill over.

Why does it matter?

  • Common in property developments and joint ventures
  • Limits liability to the SPV’s assets
  • Can be used for tax or financing efficiency

Best practice

Keep finances and records separate from your main business.

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