Maintaining an effective legal structure is critical for any multinational group.
A group’s legal structure is absolutely fundamental – it defines its component parts, how they relate to each other, and how they interact with the outside world. Changes may be required to respond to or prepare for a specific event, such as an acquisition, sale, demerger, IPO, new regulations or a change in the economic environment. Restructures also occur for more strategic reasons, such as a change in the group’s business model or with the intention of streamlining operations to reduce costs and admin.
As a result, periodical restructures are a fact of life for all multinational groups. They are invariably complex projects – especially so when many entities are involved, in many jurisdictions.
LCN Legal specialises in the design, implementation and management of corporate structures for multinational groups, and is trusted by large corporates and leading tax advisers globally. We work along tax advisers to ensure that restructure projects are completed and that the intended benefits are realised. Importantly, as we do not advise on tax matters we are not in competition with tax advisers who refer work to us. We support them in providing an excellent service and a successful result for their client.
Three things make our service stand out
1. We are leading experts in cross-border group structures. We’re the authors of ‘Intercompany Agreements for Transfer Pricing Compliance – A Practical Guide’ – the definitive book on the subject. Since its establishment in 2013, LCN Legal has been trusted by multinational groups globally with combined annual revenues of over USD 130 billion to make sure that their legal structures are aligned with their commercial, regulatory and tax need
2. We bring a global and cross-functional perspective. We look at corporate restructure projects from a holistic perspective that takes into account both the specific legal issues and the group’s wider objectives.
3. We provide ongoing support and guidance. The world never stands still, and so a multinational group’s structure must always be under review to ensure that is well adapted to both the group’s strategic objectives and to commercial reality. We help our clients to manage that process of continuous review to best effect.