Breakfast Briefing on 5 February 2025 – Japanese Operating Lease with Call Option (JOLCO)

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On 5 February 2025, we hosted an ERG Breakfast Briefing, where we had the opportunity to talk to Monique Giese from KPMG and Andrei Moroc from Joh. Berenberg, Gossler & Co. KG about the Japanese Operating Lease with Call Option (JOLCO) as a ship financing instrument.

Monique Giese (KPMG) and Andrei Moroc (Joh. Berenberg, Gossler & Co. KG), as well as ERG partners Dr. Carolin Schmeding and Adam Parmenter, shed light on the commercial, fiscal and legal aspects of JOLCO structures and the requirements of the German tonnage taxation.

We are delighted to have received so many interesting observations and questions on the topic and would like to thank all our guests for participating. Please do not hesitate to get in touch with your ERG contact, if you have any further questions.