Corporate simplification has been saved
Keeping it simple
In its most basic form, corporate simplification is the removal of a single company from a group structure, but it could be part of a wider restructuring to reduce costs and improve profitability by eliminating tiers from a corporate structure.
Corporate simplification is an effective way of delivering long-term strategic cost and compliance benefits to an organisation with a fast payback period. The Deloitte team advise on the most appropriate method to wind down, close and eliminate companies, acting as solvent members voluntary liquidators if circumstances dictate.
The key triggers are:
- Entity reduction
- Managed Exit
- Return of Capital