Legal Entity Reduction | KPMG | BH

Legal Entity Reduction

Legal Entity Reduction

When it comes to eliminating companies, what are the options and what steps need to be taken?

1000

Contact us

Also on KPMG.com

Legal Entity Reduction

Background

Group structures, particularly those which have been subject to multiple acquisitions, are frequently unnecessarily complex, include a plethora of non-trading entities and have complicated and inefficient intercompany debt arrangements.

This drains group resources both financially and operationally. Simplifying the group structure by eliminating redundant and surplus entities can:

  • promote a marketable group structure; 
  • free up resource to focus on business critical issues; 
  • reduce the risk of non-compliance with legal obligations; and 
  • significantly reduce maintenance costs. 

© 2017 KPMG, an Irish partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Connect with us

 

Request for proposal

 

Submit