Through our colleagues at FRP, we can offer our services to assist you to simplify the group structure by closing out dormant and uneconomic entities, untangling intergroup positions and streamlining reporting.
Group Simplification project will also help eliminate unnecessary and duplicated cost, reduce the risk profile of the group and create time for management to focus on value creation and growth.
We follow a tried and tested four phase process to Validate, Plan and Implement the actions required to deliver clean entities ready for Elimination.
- FRP provide the simplification project experience, tools and methodology with the detailed knowledge of the business and its operations provided by the client team.
- The process delivers clean entities ready for elimination. In the UK this usually by way of dissolution following a strike off application or Members’ Voluntary (solvent) Liquidation.
- The simplification process can be rolled out for any client entity in any jurisdiction as the factors that impact the process tend to be the same across geographies. The legislation, tax regime and elimination process may differ but the key considerations for the pre-elimination phases of work are the same.
- The outcome is a streamlined entity structure and an audit trail of the decisions taken at each stage of the project.
Download FRP Group Simplification Services Brochure here
Make an enquiry
Please feel free to reach out with any questions or enquiries using the link below, and we’ll get back to you as soon as possible.