Multinational corporate structures may exist (or be created) for many reasons, among the most common of which are:

• For tax planning purposes
• To protect assets though ownership in a certain country
• To aid in international trade
• To establish or strengthen a presence in a country
• Risk management by dividing potential liabilities between different companies in different countries

It is important that the necessary documents are put in place showing the relationship between the different companies in a group structure, particularly where the various companies are situated in different countries, and where the group structure exists primarily for tax planning purposes. It is also essential to seek the necessary advice from tax advisers and lawyers in each of the relevant countries.

Commonly, trusts rather than corporate vehicles are used in this type of structuring.

Healys has extensive experience and expertise in advising on the use of multinational corporate structures and drafting the necessary agreements used. We also work closely with foreign lawyers, tax advisers and offshore services providers and can introduce clients to them where necessary. We take a realistic and commercial approach to a client's needs, always ensuring that we understand the commercial imperative behind the multinational structure, in order to tailor the advice and documents to best fit the client's requirements.