CPDStore Ireland

The decision to incorporate is one of the first issues that a new business owner encounters. The main pros and cons of incorporation are well known to most advisers at this stage, but this session will take a long-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.

In this session Michael O’Scathaill will cover the following topics:

• Start-up Business: To incorporate or not.
• Group Structures: The tax implications and benefits.
• Personal Holding Company structures: The benefits and the pitfalls.
• Property Assets: Where they fit within the corporate structure. 
• Corporate restructuring: An overview.

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