Corporate simplification

Each year senior management waste thousands of unnecessary dollars and time dealing with redundant corporate entities and inefficient complex company structures. A Corporate Simplification program is a careful review of the corporate structure which identities what entities can be removed from the structure resulting in savings, improving corporate governance and transparency and reducing directors’ exposure.

At Grant Thornton, our dedicated Corporate Simplification team is led by Paul Billingham. Our team of advisers have extensive experience in running corporate simplification processes and can assist organisations that need to reduce operating costs and achieve a more simplified and transparent corporate structure by dissolving inactive companies that no longer serve any useful purpose.

We are highly skilled in the execution of solvent reorganisations and liquidations schemes and will provide an independent and authoritative opinion wherever necessary. We apply a risk-based evaluation of your business operations, identifying and addressing areas where transparency and efficiency could be improved and unnecessary costs avoided.

A solvent liquidation may be advised when:

• companies want to save money
• streamlining the corporate groups to improve transparency
• improving the overall tax efficiency of a group
• removing unnecessary entities from the balance sheets or 'house keeping'
• implementing due diligence recommendations
• preparing for a sale of part/all of the business

For a copy of our Coporate Simplification capability brochure please click here.

Our Corporate Simplification team

Gayle Dickerson
Partner
T +61 2 8297 2706
E gayle.dickerson@au.gt.com

Louise Taylor
Senior Manager
T +61 2 8297 2449
E louise.taylor@au.gt.com

Andrew Mattinson
Manager
T +61 3 8663 6048
E andrew.mattinson@au.gt.com