Proactive legal entity rationalization should be part of all M&A integration and divestment projects. Having redundant legal entities or a legal structure that is not aligned with the business causes unnecessary administrative costs, makes the governance of the business more complex and can have tax disadvantages.
Legal entity rationalization is a process to simplify the legal entity structure and optimize it for the needs of the business. This results in direct cost savings (synergies), makes the operation of the business easier and makes you more competitive.
This guide covers the following topics: