Corporate simplification

At Moore Stephens we understand the challenges faced by financial services businesses resulting from group or fund structures that are no longer fit for purpose or that contain redundant entities. 
Maintaining entities, whether dormant entities or active entities that are undertaking duplicated activities, is expensive and incurs wasted management time. This is a particular challenge in the financial services sector with the growing burden of regulation and the need to continually manage regulatory and legislative changes.
Complex structures can attract negative publicity, corporate governance concerns, activist shareholders and increase the cost of capital and the loss of corporate memory can create personal and business risk for boards, particularly in acquisitive groups. 
A corporate simplification project can reduce costs, free-up regulatory capital, eliminate dividend blocks and mitigate risk, corporate governance concerns and negative publicity. It can also help firms manage changes in regulation and ensure its corporate structure is fit for purpose for tax and transfer pricing purposes. When undertaking a transaction, corporate simplification can also help simplify sell side due diligence and maximise value in a divestment. Post-acquisition, the elimination of redundant holding companies, dormant entities and duplicated activities can help maximise the value of an acquisition.
Our dedicated Corporate Simplification & Exits team specialises in helping clients address issues of complexity, whether by eliminating dormant companies that are no longer required or undertaking a strategic redesign of the group structure encompassing active and holding companies.  We can provide project management advice and support as well as technical advice to ensure your project is efficient, successful and has sustainable benefits.    
Our specialist Licensed Insolvency Practitioners are experts at dealing with the liquidations of corporate entities and fund structures including limited liability partnerships and corporate general partners of limited partnerships and also act as liquidator of listed funds in their liquidation or reconstruction.
We also advise clients on how to efficiently exit a non-core business either on a standalone basis or followed by an appointment as liquidators. A carefully planned exit is critical to managing reputational and financial risk as well as maximising the return to investors.
In providing our services we can draw on the Moore Stephens International network with sector and technical experts in all key regions.