Make an enquiry

    Enquiry Form









    Contact

      Enquiry Form






      Supporting Document


      We are welcoming clients back to our offices Find Out More
      FJG Solicitors in Essex, Colchester, Chelmsford, London – Fisher Jones Greenwood
      • 0845 543 5700
      • [email protected]
      • Make an enquiry
      • Online Payment
      • Home
      • Services
        • Services for you
          • Advocacy
          • Civil & Commercial Disputes
          • Clinical and Medical Negligence
          • Conveyancing
          • Employment Law
          • Family Law
          • Children Law
          • Immigration & Visas
          • Notary Services
          • Personal Injury
          • Wills, Life Planning & Probate
        • Services for business
          • Academies Portal
          • Agricultural and Rural
          • Business Immigration
          • Commercial Dispute Resolution
          • Commercial Litigation
          • Professional Negligence
          • Commercial Property
          • Construction Law
          • Planning Consultancy
          • Corporate and Commercial
          • Education Services
          • Employment Law
          • Healthcare Services
          • International Services
          • Landlord & Tenant Services
        • Services by sector
          • Agriculture & Estates
          • Care Homes
          • Charities & Social Enterprise
          • Construction
          • Education Law
          • Energy
          • Family Owned Business
          • Healthcare & Dentistry
      • Our people
      • About us
        • CSR
        • Awards
        • Our Vision
        • Accessibility
        • Careers
        • Work Experience
        • Equality & Diversity
        • FLOCC
        • FJG Foundation
        • SAFE Forum
      • News, Events & Insights
      • Blog
      • Podcasts
      • Contact us
        • Colchester
        • Chelmsford
        • Billericay
        • Clacton-on-Sea
        • Holland-on-Sea
        • Frinton-on-Sea
        • London

      What are intra-group reorganisation?

      15 April 2019 by

      punnets of different coloured fruits
      punnets of different coloured fruits

      If you are part of a Group Company looking for ways to increase business efficiency through and/or take advantage of available tax reliefs, intra-group reorganisations may be for you. This blog will briefly set out what intra-group reorganisations are and their benefits from an English law perspective.

      What are they?

      An intra-group reorganisation normally involves a transfer of subsidiaries or key assets for functioning of a business within the Group Company. It may also involve other connected transactions such as intra-group loans, dividends and issue of shares.

      What are the benefits?

      Some of the benefits available include, but are not limited to:

      • Tax advantages. It may be possible to rearrange cash flows to minimise tax costs and make the corporate structure more tax efficient in the long term. NB: You should seek independent financial advice from a registered accountant in relation to any tax advantages and/or reliefs available.
      • Increase business efficiency. Such re-organisation converting to a company operating in a divisional structure where each division conducts a separate business may reduce administrative costs; such as cross-charging and the preparation of subsidiary accounts. It may also improve the businesses financial performance by combining the financial performance of businesses previously conducted through separate subsidiaries.

      Timeline?

      It is open to you to carry out an intra-group reorganisation at any point. However, the most common circumstances are:

      • Pre-sale of a company or business reorganisation. This may benefit a company wishing to sell part but not all of its business-i.e. sale of a business division only.
      • Pre-acquisition of a company or business reorganisation. Ensures that the ‘new’ business will become a subsidiary to the ‘right’ holding company. Alternatively, you may be able to carry out a post-acquisition reorganisation. A PAR may involve the ‘new’ business being hived down into existing operating subsidiaries together with various assets transfers; i.e. land, intellectual property etc. A post-acquisition reorganisation may benefit from various tax reliefs applicable to intra-group transfers.

      An intra-group reorganisation may be simple or complex depending on the existing structure of the Group Company, the desired structured to be achieved post-reorganisation, as well as the number of assets involved in the transaction. Other considerations prior to proceeding to the reorganisation may involve third party consents, company law issues, shared assets considerations etc.

      The Corporate Commercial Department here at Fisher Jones Greenwood LLP can guide you through intra-group reorganisation; as well as assist you with the preparation of any documentation required.

      Should you require any further information or assistance please do not hesitate to get in touch – call 01206 700113 or email [email protected].

      Authors
      Archives
      Subscribe to RSS feed

      Recent Posts

      • Selling a Dentistry With an Expiring Lease
      • How important is making a Will?
      • The Importance of Seatbelts
      @FJGSolicitors

      What happens when a dentist wishes to sell their practice but the lease is due to expire? Leah Groves explains opt… https://t.co/mPGwLm93PP

      3 days

      This week marks Mental Health Awareness Week. It can be scarily easy to fall into the trap of your own mind when ba… https://t.co/KIC8JZQh6F

      4 days

      St Helena Wills Month campaign returns this June. Instead of paying the usual fees, you can donate to St Helena Hos… https://t.co/xS6fpoA8JZ

      5 days
      Billericay 01277 623132
      Chelmsford 01245 890110
      Colchester 01206 835300
      Clacton 01255 323103
      Holland-on-Sea 01255 818900
      London 08455 435700
      • Disclaimer
      • Accessibility
      • Terms & Conditions
      • Privacy Policy
      • Cookies
      • Price & Service
      • Signup to our Newsletter
      • COVID-19 Risk Assessment
      Website designed and built by Green Square

      Fisher Jones Greenwood is the trading name of Fisher Jones Greenwood LLP, a Limited Liability Partnership authorised and regulated by the Solicitors Regulation Authority and registered in England ( Number: OC305854 ). A list of members is available for inspection at the registered office at Charter Court, Newcomen Way, Colchester Business Park, Colchester, Essex CO4 9YA

      This website uses cookies & data collection

      Our website uses cookies, which are small text files that are placed on your computer by websites that you visit to distinguish you from other users. They are widely used in order to help website owners like us provide you with the best user experience possible. They also provide us with information that can help us improve our websites and marketing activities. By clicking an item or link on this website, you agree to the use of cookies and other data collection.

      Find out more

      We are welcoming clients back to our offices

      Differing tiers and three lockdowns later, Fisher Jones Greenwood Solicitors are now pleased to be able to welcome clients safely back to our offices.

      Remote working and the digitalisation of the way we work, have been key to keeping FJG and the rest of the country going.

      • We are now able to offer, pre-booked face-to-face appointments. Although, we are still able to offer remote appointments if preferred.
      • You can continue to visit our offices at any time to post any correspondence and documents through letterboxes.

      If you are visiting an FJG office, covid-19 safety rules of social distancing, hand sanitization, and the wearing of masks will still apply.

      • Please be aware you will also need to have your temperature taken on arrival.
      • There will also be protective screens in place to protect you and our staff.

      Please do not hesitate to contact your legal adviser by email or by telephone should you have any worries or concerns. Alternatively, please call our main switchboard number (01206 835300), and a message to return your call will be relayed to the relevant person.

      Best wishes
      Paula Cameron
      Managing Partner