Introduction On October 18, 2017, (the “Petition Date”), Mac Acquisition LLC, Mac Parent, LLC, Mac Holding LLC, Mac Acquisition of New Jersey LLC, Mac Acquisition of Kansas, LLC, Mac Acquisition of Anne Arundel County LLC, Mac Acquisition of Frederick County LLC, Mac Acquisition of Baltimore County LLC and Macaroni Grill Services LLC (collectively, the “Debtors”) […]
Mutual support by fellow partners – including sharing of responsibilities, duties and tax liability. Flexibility – a partnership could be easier to form, manage and run. Depending on the nature of the partnership, there could be less regulatory requirements involved. Access to multi-disciplined skills – one partner may have a strong legal and financial background, […]
Disadvantages of a partnership company in the UK: More partners involved mean more individuals to “sign-off” action points. Decision making can be slower – requiring multiple agreement(s). General partnerships are subject to unlimited liability status – meaning each parner shares responsibility and risk. Differences of personal aims – and firm-wide objectives. Potential resentment when recognition […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Roland Rompelberg of Maprima. Roland has joined IR as our exclusive Company Formations & Tax (Accountants) Member in Netherlands. Maprima is an established professional service provider with a track record of almost twenty years. We are a BeNeLux based firm […]
“We use IR Global as a support network for our clients when they are using their UK Company to expand further. Clients will use this as a foundation for further expansion into Europe and beyond. We have frequently reached out to counterpart members to support our client’s growth plans.” – Paul Beare Paul is IR […]
The Budget 2014 brought in reforms to the taxation system which is applicable to income from the letting of property in Malta for residential purposes. Prior to this reform, tenants were subject to tax on the rental income less the deductions provided for by Maltese tax legislation at their progressive rates of tax in […]
The objective To learn as much as possible about the legal owners of a UK Entity. Where the UK company is a subsidiary of another company we need to determine, for each company, the persons who are the ultimate beneficial owners and the persons who have operational control. We usually undertake this process as part […]
Paul Beare & Christophe Gammal believed there was under-representation of those member firms who provide Corporate Services to their clients within IR Global. Collaboration and sharing of information such as anti-money laundering data, foreign direct investment details and cross-border regulations can only provide mutual benefit to member firms of the Corporate Services Group, leading to […]
Introduction On September 26, 2017, (the “Petition Date”), Exelco North America, Inc., Exelco NV, FTK Worldwide Manufacturing BVBA, and Ideal Diamond Trading USA Inc., (collectively, the “Debtors”) each filed voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The […]
HMRC’s more rigorous approach to company’s that need UK VAT Registration for online businesses set a precedent earlier this month (1 August 2017) with eBay resulting in customers no longer contracting with eBay Europe in Luxembourg, but now trading with eBay (UK) Ltd. This meant for the customers of eBay (UK) Ltd, that VAT will start showing […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Patrick Cummins B.A. LL.B of Patrick Cummins Barristers & Solicitors. Patrick has joined IR as our exclusive Company Formations member in Canada – West. If you have a requirement in this area, please get in touch with Patrick directly or with the […]
Introduction On May 17, 2017, (the “Petition Date”), Tidewater Inc., Tidewater Marine Western, Inc., Tidewater Corporate Services, L.L.C., Tidewater Marine, L.L.C., Cajun Acquisitions, LLC, Gulf Fleet Supply Vessels, L.L.C., Hilliard Oil & Gas, Inc., Java Boat Corporation, Pan Marine International Dutch Holdings, L.L.C., Point Marine, L.L.C., Quality Shipyards, L.L.C., S.O.P., Inc., Tidewater Marine Alaska, […]