FOR FOUNDERS 12–36 MONTHS FROM EXIT

Sell for €5M.
Keep €1M of it.

When founders sell a European company, six or seven figures routinely disappears to corporate tax before the wire even clears. The investors behind some of CEE's most ambitious deep-tech companies don't lose that money. Their holding structures were built years before the buyer arrived. Same architect. Same playbook. €19,500 buys the same protection. On a €5M sale, the math often saves over a million.

Q3 2026 capacity: 2 mandate slots remaining · Q4 opens October 1

JUDr. Róbert Ďuriška · KILIAN LEGAL · Based in Bratislava · Serving CEE and international founders · Slovak · English · Hungarian

6+
YEARS CEE TRANSACTIONAL PRACTICE
€150M+
TRANSACTIONS ADVISED
ONE STRUCTURE · DEPLOYED ACROSS
Battery cells
AI semiconductors
Warehouse robotics
Geothermal drilling
Holographic comms
EV charging
Sensor tech
A €1B+ AUM CEE investor portfolio · 20 SPVs structured under one architecture
01The cost of weak structure

Exit tax isn't just about tax.

Most founders think about exit tax when the LOI lands. By then it's too late. The Slovak exemption needs the right structure built well before any deal starts — with real substance, clean ownership, and the right timing. Without it, founders lose four things at the negotiating table.

€1M

Evaporates on a €5M exit

Sell €5M of equity in a Slovak operating company. The wire arrives. Roughly €1.05M never reaches you, taken as corporate tax before you ever see it. This is the default outcome unless you've built another path.

-15%

Quiet discount in the term sheet

Buyers see disorganized paperwork and quietly knock 10–20% off the headline price. Every undocumented option, every awkward cap-table entry, every missing board minute is a discount waiting to happen at the LOI table.

2x

Tax twice on the same euros

Without a holding company, exit cash lands in your personal account. To reinvest in your next venture, you pay tax again on the same money. Two haircuts on one transaction. Most founders never see the second cut coming.

+3wk

The buyer gets cold feet

Documents drafted under LOI deadline pressure add weeks to closing. Buyers start asking new questions. Anchor investors hesitate. Momentum dies. Some deals close late. Some don't close at all.

Structure first. Documentation second. The right structure is cheaper than the wrong deal.
— Working principle, KILIAN LEGAL transactional practice
02Mandates and portfolio

From a single SPV to a €1B+ portfolio.

The same architecture works for a single founder exit and for an entire investor's fund family. Two mandates below, both anonymised under Slovak Bar Association confidentiality. Numbers are accurate to within rounding; structural details checked against the same checklist Slovak tax auditors apply.

ANCHOR MANDATE · ONGOING

A leading CEE deep-tech investor

20 single-investment SPVs · one holding architecture · €1B+ AUM

The same Slovak holding architecture deployed across an entire CEE investor's fund family. Twenty single-investment SPVs span battery, semiconductor, robotics, geothermal, holographic comms, EV charging, and sensor technology. One coherent structure, substance-documented and built to survive any audit.

Originally led as in-house counsel inside the investor group. The relationship continues today as ongoing structuring and corporate work through KILIAN LEGAL.

Battery cells
AI semiconductors
Warehouse robotics
Geothermal drilling
Holographic comms
EV charging
Sensor tech
Recent mandate · anonymised

Slovak infrastructure operator

Energy · utility assets · multi-shareholder ownership

Transactions
Three secondary share sales totaling €4.2M between Year 2 and Year 4 of the structure.
Mandate timing
Holdco built and substance documented before the first qualifying transaction.
Outcome
All €4.2M reached the founders tax-free. Without the structure, ~€880K would have been taken as corporate tax before the wire cleared. Each sale qualified independently. Zero tax-authority questions across all three deals.
03The 24-month clock

This works because of timing. Not paperwork.

The structure has to be operational for at least 24 months before the sale closes. No waiver. No exception. No fix-it-later. Your exit date sets when the work has to start, and it sets it hard.

If your target exit is
Your Holdco must be live by
Mandate must start by
Mid-2028
Mid-2026
Now
Late 2028
Late 2026
By Q3 2026
Mid-2029
Mid-2027
By Q1 2027
Mid-2030
Mid-2028
By Q1 2028
You cannot work around this. You cannot request an exception. You cannot fix it after the fact. A structure younger than 24 months at the sale usually means paying the full corporate tax bill. Every other piece of work we do — the documentation, the filings, the audit defense — becomes irrelevant if the calendar is wrong. The Protocol's 60-day build leaves comfortable margin. Faster turnarounds put audit-defensibility at risk.
04How to engage

Three ways in. Pick what matches your timing.

Each tier is a complete deliverable. You can start at any level, or move up through them. The Strategy Session fee credits 100% toward the Protocol if you engage within 60 days.

Free · Start here

Pre-Exit Tax Checklist

Free
10-page document · SK & EN
  • 5-minute self-test on exemption qualification
  • 24-month pre-exit timeline
  • Eight common red flags to spot in your structure
  • 25-item punch list of structuring tasks
  • No email gate. No follow-up sequence.
Download free →
Standalone briefing

Pre-LOI Briefing Pack

€2,490
+ VAT · one-time deliverable
  • 90-minute deep-dive call with JUDr. Róbert Ďuriška.
  • Written 30-page situation analysis within 7 business days.
  • Cap table and ownership review.
  • Documented risk register for your specific structure.
  • 30-day email Q&A window post-delivery.
  • Fee credits 100% toward the Protocol within 12 months.
Book the briefing →
Core productised service

Founder's Holdco Protocol

€19,500
+ VAT · fixed fee · payment plan available
  • 60-day buildout. Structure live, operational, and yours.
  • Documentation that holds up under any tax audit.
  • All ownership transfers and government filings handled.
  • Substance evidence built to survive future challenge.
  • Pre-exit dossier ready for buyer due diligence.
  • 12 months of support and quarterly check-ins after delivery.
  • 5 named bonuses · €5,250 standalone value
  • 3 stacked guarantees · delivery, audit, 5-year defense
  • Payment plan: €7,500 + €6,500 + €5,500 over 3 months.
Request engagement →
White Glove · €45,000. 24-month support, quarterly in-person reviews in Bratislava or your offices, 24-hour priority response, direct handling of tax-authority correspondence, and a personal Post-Exit Wealth Continuity blueprint. For founders with expected exits above €10M.

Family Office Architect · €120,000. The full lifecycle in one engagement: pre-exit structuring, the Protocol delivery, three years of post-delivery retainer, and the complete Wealth Continuity Architecture bundled into a single mandate. For founders preparing exits above €25M, complex multi-jurisdiction holdings, or family office requirements. Discuss either tier →
05After the Protocol

The structure doesn't maintain itself.

The Holdco needs ongoing substance documentation to stay audit-defensible. After the exit, the wealth needs a home. Two engagements built for the long horizon — most founders take one, many take both.

CONTINUITY · YEAR 2 ONWARDS

The Substance Retainer

€4,800/ yearor €450 / month

A structure built today fails an audit five years from now if no one is keeping it alive. This retainer is the keeping-it-alive.

EACH QUARTER
  • Board and shareholder minutes drafted and filed.
  • Substance documentation updated and dated.
  • Beneficial-owner filings monitored and refreshed.
  • Accounting coordination with your tax advisor.
  • Quarterly status memo, one page, in your inbox.
CONTINUITY BONUS
  • Annual tax-law update memo tailored to your structure.
  • Priority response on any tax-authority correspondence.
First 12 months of post-delivery support are included with the Protocol. The Substance Retainer begins at the start of Year 2 — when most structures begin to drift.
Start the retainer →
06The full stack

What's actually in the Protocol.

Most fixed-fee legal offers hide the components. This is the full inventory. Every deliverable in the core service, plus five named bonuses included at no extra charge. Each bonus has its own price for clients who want it on its own.

The Core

  • Holding-company structure designed and built under Slovak law, end to end.
  • Share transfers executed. Beneficial-owner filings done. Every signature in the right place.
  • Tax documentation prepared to survive any future audit, however far in the future.
  • Substance evidence — board meetings, minutes, resolutions — built and calendared.
  • Pre-exit dossier organised the way buyers' lawyers want to see it.
  • Twelve months of support and quarterly check-ins after delivery.

Plus five named bonuses · included

The Pre-LOI Briefing
€490 standalone
A 60-minute session scheduled 30 days before you expect an LOI from a buyer. We walk every clause that matters, set expectations on what to push back on, and rehearse the conversation.
The Substance Calendar
€890 standalone
A 12-month rolling schedule of board meetings, minutes, resolutions, and supporting documents needed to keep the exemption audit-defensible. Pre-built, calendared, ready to follow.
The Cap Table Audit Memo
€1,490 standalone
A written review of your cap table to find what would kill the exemption: undocumented option promises, verbal agreements with advisors, beneficial-owner filings out of sync, anything a buyer's lawyer would find first.
The Tax-Authority Defense Pack
€1,490 standalone
Template responses to the eight most common qualification challenges, ready to deploy if anyone (auditor, buyer counsel, tax authority) disputes the structure later.
The Post-Exit Continuity Memo
€890 standalone
An 8-page roadmap for what to do after the wire hits. Reinvestment via Holdco, founder-friendly structures for your next venture, dividend timing, and how to avoid a second taxable event on the same euros.
Total bonus value, standalone
All five included with the Protocol at no additional charge
€5,250
07Risk reversal

Three guarantees. Not one.

One refund clause isn't risk reversal — it's a refund clause. Three guarantees, each covering a different failure, written into every engagement letter.

01
DELIVERY

Delivery Guarantee

Late past Day 60 for any reason on our side — full refund. We still finish the work, on your timeline, at no further charge. The 60-day window is ours to meet, not yours to manage around.

02
AUDIT

Audit-Readiness Guarantee

If the dossier doesn't pass exemption-readiness review at Day 60, measured against the same checklist Slovak tax auditors use, we rework it on your timeline at no additional cost until it does.

03
DEFENSE

Five-Year Defense Guarantee

If the exemption is challenged on our work product within five years of delivery — by any party — we respond and represent at no charge. Written responses, documentation production, and audit defense included.

08Eligibility

Who this is for. And who it isn't.

The Protocol is a productised offer with specific economics. It fits a specific kind of founder situation. Filtering out bad-fit prospects matters as much as finding good-fit ones.

This is for

  • Founders 12 to 36 months from a planned exit
  • At least 10% ownership in a Slovak or EU operating company
  • Expected exit value above €2M
  • VC-backed SaaS, deep-tech, or scaleups with foreign investors
  • Family business owners considering succession or partial sale
  • Founders who prefer scoped fixed fees over hourly billing
  • English-language dataroom requirements common

This is not for

  • Founders less than 12 months from exit — the 24-month clock won't let you in
  • Operating companies primarily holding real estate (don't qualify)
  • Expected exit below €2M (structuring cost approaches saving)
  • Hourly billable advice or routine corporate work
  • Founders already under LOI in active sale negotiations
  • Situations where existing advisors will fight external counsel
09How it works

Four steps from awareness to dossier.

The Protocol is designed to be predictable. Fixed scope, fixed fee, fixed timeline. No surprises mid-engagement.

Step 01

Download or call

Start with the free Checklist, or book a 15-minute call to discuss whether the Protocol fits your situation. No pressure on either path.

Step 02

Strategy Session

If a deeper assessment makes sense, the 90-minute Strategy Session delivers a written memo with the structuring recommendation. €1,490, credits 100% toward the Protocol.

Step 03

Execute the Protocol

Sixty-day Holdco buildout, audit-grade documentation, RPVS filings, substance documentation, full pre-exit dossier. Fixed fee, three stacked guarantees.

Step 04

Twelve-month support

Quarterly reviews, regulatory monitoring, annual return support, pre-LOI briefing when the exit conversation begins. Continuity available after Year 1.

10Background

Why clients bring me in.

A Slovak transactional lawyer with six years across four settings that rarely sit in the same CV: banking, big law, in-house counsel at a €1B+ AUM investor, now legal associate at KILIAN LEGAL.

I started in banking, moved through big law, then joined a project developer and investor with €1B+ AUM as in-house counsel. That relationship continues today as a long-standing client of my firm. The mix matters. I learned to see structures from the investor side before drafting them for founders, and I still do both.

Today legal associate at KILIAN LEGAL, focused on corporate and venture capital work for founders, scaleups, family offices, and investor mandates across CEE and beyond. Over €150M in transactions and structures advised, across deep-tech, infrastructure, energy, and finance. Working in Slovak, English, and Hungarian.

My focus is the moment when the right structure decides whether the next decade builds wealth or loses it.

JUDr. Róbert Ďuriška
JUDr. Róbert Ďuriška
Legal Associate · KILIAN LEGAL
6+
Years of CEE transactional, M&A, and venture capital practice
€150M+
In transactions and structures advised
5+
Sectors served, deep specialisation in deep-tech and infrastructure
SK · EN · HU
Full documentation and consultation in three languages
11FAQ

Questions founders ask.

Why a fixed fee instead of hourly billing?

Hourly billing prices the inputs, not the outcome. The Protocol prices the deliverable. Founders know exactly what they get, what it costs, and when it's done. No invoicing surprises mid-engagement. No conflict between billable hours and your interest in efficient delivery.

What protects me if something goes wrong?

Three guarantees in every engagement letter. A Delivery Guarantee: full refund if we miss Day 60 on our side, and we still finish the work. An Audit-Readiness Guarantee: we rework the dossier on your timeline until it passes exemption-readiness review, at no extra cost. A Five-Year Defense Guarantee: if the exemption is challenged on our work within five years, we represent and respond at no charge.

Each guarantee covers a different failure. The work meets the standard or it doesn't. Standing behind it is what makes the standard mean anything.

Can I do this with my existing tax advisor?

Technically yes — but here's what tends to break. When corporate counsel and a tax advisor split this work, we see the same three failures:

  1. Substance gets drafted, not calendared. The dossier looks clean at Year 1 and fails audit at Year 3 because board meetings, minutes, and resolutions weren't kept up. The exemption gets challenged, retroactively, on the missing rhythm of corporate life.
  2. RPVS filings get done, option-pool resolutions don't align. Undocumented option promises, verbal advisor allocations, and pre-existing share class quirks block qualification at the moment of sale — not before.
  3. The structure gets built, but the share transfer is timed wrong. The architecture is correct, the sequencing isn't, and the entire tax saving evaporates on a calendar mistake that should have been planned around.

The Protocol exists because we kept seeing the same three breakages. If your tax advisor and corporate lawyer have done this end-to-end before and have the bandwidth to run the calendar for the next 24 months, the Strategy Session may be all you need. If they haven't, the cost of getting any one of those three wrong is multiples of the fee.

What if I'm already under LOI?

Then this isn't the right service. The exemption requires the structure to exist before any deal starts. At LOI you need direct representation on the specific deal, not pre-exit structuring. I can refer you to good counsel for that.

How is this different from working with a Big Four firm?

The Big Four serve corporate clients with corporate scope. The Protocol serves founders with founder scope. Same technical work, different commercial fit. You get founder-facing communication, fixed fees, productised delivery, and direct access to a senior lawyer — not a team of juniors running up hours toward a six-figure bill.

Can international founders use this, or is it only for Slovak nationals?

International founders are the primary audience. The Protocol works whenever three things are true: the operating company is Slovak or EU-based, the founder's tax residency permits the exemption to apply, and the exit can be structured through a Slovak Holdco. Beyond that, citizenship and residence are not constraints — we work with founders based across CEE, Western Europe, the US, and Asia.

What Slovakia provides is the structure: one of Europe's cleanest legal frameworks for exempting qualifying share sales from corporate tax, with predictable mechanics and a tax authority that has issued consistent guidance for years. Cross-border situations are reviewed during the Strategy Session, where we walk the residency, tax-treaty, and source-country interactions specific to your case.

12In their words

Five stars. Five voices.

Real Google reviews of the firm. Personal names anonymised; roles and organisations kept, because that is where the credibility lives. All five stars, all verifiable.

★★★★★Google · 9 months ago
"Amazing pros. Fast 24/7 delivery."
Founding Partner
€1B+ AUM CEE investor group
★★★★★Google · 2 months ago
"Great people, very professional."
Business Development Manager
CEE battery technology leader
★★★★★Google · 5 months ago
"Excellent service, great people."
Head of Sales & Investor Relations
€1B+ AUM CEE investment platform
13Start the conversation

Two paths. Both confidential.

Submissions are reviewed against Q3 2026 capacity · 2 mandate slots remaining · Q4 opens October 1.

Path one · Start with the Checklist

A free 10-page document. Five-minute self-test, 24-month timeline, eight red flags, 25-item punch list.

No email gate. No sales follow-up. The Slovak Bar Association prohibits unsolicited commercial communication from advocates. Qualified leads come to us directly — not via drip campaigns. If you want to talk, the form on the right or the calendar link reaches me personally.

Or directly:
robertduriska@invekl.com
calendly.com/invekl · 30-min call
LinkedIn · JUDr. Róbert Ďuriška

Path two · Submit a confidential situation

All information is treated as strictly confidential under Slovak Bar Association rules. Replies typically within one business day.