Whatever your organizational structure, EY teams can provide seamless entity management services, keeping your entities in good standing and avoiding penalties and breaches.
1. Health checks
Corporate health checks validate corporate data and the compliance status of group entities. The health check reviews data held internally and compares it with data held in local public records and local statutory records to match all data sources. As an output, EY teams provide you with a risk assessment to distinguish between material and non-material issues, along with a detailed remediation plan. Acquisitive clients, those with a complex group structure or organizations seeking due diligence assurance can all benefit from this service.
Recent project includes:
- A health check project spanning 400 entities for a large European bank, delivered in six weeks
2. Annual compliance
Annual compliance service includes all mandatory statutory requirements, such as:
- Assistance with all year-end formalities
- Maintaining company records
- Preparing and filing recurring returns with the local registry
- Reminders of upcoming compliance deadlines
- Updating the in-house legal entity management system
- Achieving real time compliance reporting
3. Event-driven changes
We provide routine corporate changes such as change in director or registered address, as well as changes in shareholding or share capital, requirements around power of attorney or document execution and changes in legal documents such as articles, bylaws or constitution.
EY supports companies, branches and representative offices with entity lifecycle events such as:
- Incorporation
- Dissolution, liquidation, and/or de-registration
- Cash repatriations such as dividend distributions and capital contributions
We have a wide portfolio of global clients including:
- FTSE 250 telecommunications organization
- S&P100 and NYSE-listed conglomerate
- Beijing-headquartered, SEHK-listed consumer electronics company
4. Knowledge and training
EY knowledge platform provides clients with a one-stop shop of accurate and practical corporate compliance global data. EY training program for directors and officers helps mitigate subsidiary governance risk and provides relevant and tailored support across your international subsidiary director community.
We also offer bespoke training based on your organizational policies and provide director handbooks setting out practical information including reference materials. Training is provided online or via traditional face-to-face sessions across the world.
Recent project includes:
- Director training program across 40 jurisdictions for a US-headquartered multinational