How to Remove Dormant Group Companies

A free guide to help you get from "should do" to "done"

This guide is for you if you are a Group FD, CFO, Tax Professional or Company Secretary – and you need to remove dormant companies from your group.

The aim of this guide is very simple – it is to answer the most common questions that clients ask when they are starting out on this kind of project. It is based on our team’s experience of advising FTSE100 companies, large corporates and SMEs on legal entity reduction projects involving the removal of hundreds of companies.

By acting on the information in this guide, you can benefit from the experience of your peers and avoid the pitfalls.

Topics include:

  • The typical reasons why other groups decide to implement legal entity reduction projects.
  • How to organize the due diligence process so that you avoid getting bogged down in inappropriate, unfocussed questions.
  • How to decide whether the relevant companies need to be put into liquidation, or whether they can be simply struck off.
  • The simple legal step (which is often overlooked) that you must make sure every company does before it is dissolved or wound up.

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What other people say about us

I found it refreshing to go through the technical challenges and the best practice on unwinding entities, including project managing the process, with some highly skilled and experienced in-house tax and legal experts."

Lee Holloway, Group Head of Tax, Next Plc

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