Due to tax consolidation legislation, corporate reorganisation stamp duty relief in most states and other legislation, we believe many large corporations now have the opportunity to simplify their structure, to better suit their current business operations.

We have discovered large corporates can save up to $16k per year for each entity they remove from their structure. This is as a result of possible hidden costs from ongoing statutory requirements, professional fees and miscellaneous costs associated with maintaining the company, such as the cost of storing the books and records for each entity.

Specific advantages may include:

• improved business operations through reduced information and process complexity
• reduced administrative tasks which are connected with maintaining accounting records, preparing management and statutory accounting, preparing information for tax returns and related tax issues and the regular requirement to prepare board minutes and ASIC forms
• reduced compliance risk of unwanted corporate entities.

The CRG team have a large specialised and experienced team.

If you are in Victoria, please contact Desi Varveris on +61 (0) 3 9208 6620.

If you are in Queensland, please contact Margaret Moynahan on +61 (0) 7 3308 7185. 

Everyone else should contact Simon Cathro on +61 (0) 2 9322 5882 or Ian Bedwell on +61 (0) 2 9322 7133.

Download the PDF document below for more information.