Legal Entity Simplification – A Better Approach |
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In many large companies, the number of redundant legal entities can be overwhelming, and considerable internal resources (and costs) are potentially devoted to maintaining the excess entities. Simplifying the legal entity structure can, however, be a challenging undertaking in itself, and some companies have avoided it because of the perceived price tag.
This article discusses how one way to reduce this cost of transformation, and increase the likelihood of success in simplifying the structure, involves approaching the problem from a completely different angle.
Legal entity simplification – A better approach
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