CPDStore Ireland

While there are many issues to occupy the minds of new business owners as they look to get their venture off the ground, consideration should be given at the outset to putting in place the most appropriate structure, not only to get started but to give the business the best chance of thriving in the longer run and even with an eye to its eventual sale. At the simplest level, a key decision will be whether, or when to incorporate the business and, while the main pros and cons of incorporation are well known to most advisers, this session will take a  longer term view and will consider more advanced structures that may be of benefit down the line and whether now is the correct time to implement them. Furthermore, it will consider more complex structures such as those encompassing multiple businesses and property assets and will also look ahead to the eventual disposal of the business and how this might be structured including, where relevant, how a corporate restructuring may facilitate a more efficient disposal. On attending this course, attendees should have a good overview of the main tax issues, treatments and reliefs as well as the commercial factors to be taken into account when devising these structures.

Michael O’Scathaill will cover the following topics during this webinar:

• Start-up Business: To incorporate or not.
• Corporate Structures: Key factors in setting them up and structuring shareholder investments.
• Advanced Structures: Use of personal holding companies, hybrid structures and structuring to maximise claim for key tax reliefs.
• Group Structures: The tax implications and benefits.
• Other Issues: Structuring ownership of business premises and an overview of corporate restructurings.

By attending this session, you will get a strong understanding of the major tax and commercial issues relevant to the decision to incorporate your business as opposed to a sole trader or partnership structure. You will then get an overview of some more advanced corporate structures, including those encompassing personal holding companies and the pros and cons of such structures. In addition to discussing the ongoing tax treatment of such structures, consideration will also be given to how they may ultimately facilitate a tax-efficient disposal of the business and allow for key vendor tax reliefs to be accessed. Finally, you will then get an overview of the main types of corporate restructurings, the circumstances in which they may be relevant and how they may help you achieve your commercial goals in a tax-efficient manner.

The session will be of particular interest to professionals in the tax, corporate finance and business advisory sectors who advise clients on how best to structure their business affairs in a tax-efficient and commercially advantageous manner and on how best to structure a disposal and ultimate exit from the business.

Course Level: Advanced