bonus for achieving
Simplification of the business structure: 5 reasons for enlarging a group of companies and 6 reasons not to do this
Structuring a business is usually associated with an increase in the number of companies in a group. There are many reasons for this. There are even more solutions to isolate certain functions into separate entities. But today we will not split up, but enlarge the business. Simplify the structure of the company.
As practice has shown, there is no less motive to reduce the number of companies in a group than to multiply it. Especially against the background of tax control, which is actively opposing the artificial fragmentation of the business. We will begin with tax incentives to simplify the legal structure of companies. Continue reading
Entrepreneurs are not former – there are only not identified
“On the direction of the review of judicial practice in disputes related to the qualification of the activities of individuals as entrepreneurial for tax purposes”, there were more frequent cases when ordinary citizens received requests in which they are invited to provide explanations on the use of property or the grounds for generating income to non-cash accounts with a proposal to pay taxes. Continue reading
Protecting the property complex of a business, along with ensuring tax security, is a fundamental task to be solved in the course of building a business model and structuring a group of companies. The risk of hostile takeovers, foreclosure on property by counterparties or regulatory authorities (including tax) always exists. Moreover, the more profitable and successful the business is, the more real the risk of its loss becomes. Therefore, the adoption of preventive measures aimed at ensuring maximum security of property, and indeed the business as a whole, is one of the primary goals of building a group of companies. Continue reading