Service Category: Legal & Taxes

Legal Assistance for Our Partners

At IWN Group, we recognize that navigating the complexities of the financial world often involves legal challenges. To ensure our partners’ overall well-being, we offer specialized legal assistance that complements our core financial advice and consulting services. Our goal is to empower you both financially and legally, fostering a comprehensive approach to your financial success.

The Importance of Legal Advice

In the constantly evolving regulatory environments of Europe and the United States, legal compliance and risk management are essential elements of any robust financial strategy. Our holistic approach understands the interdependence between financial and legal aspects, ensuring your interests are protected at all times.

Comprehensive Legal Support

Our legal services cover a wide array of financial situations, including:

• Regulatory Compliance: Stay ahead with our proactive legal support. We assist companies, holding companies, banks, hedge funds, and other legal entities in navigating the complexities of financial regulation, helping you remain compliant and avoid potential issues.
• Contractual Agreements: Whether you’re entering into financial arrangements or partnerships, our legal team reviews and drafts contracts to safeguard your interests. Clear and legally sound agreements are crucial for mitigating risks and ensuring fair transactions.
• Dispute Resolution: Should financial disputes arise, our legal team is here to help you reach settlements. We use our legal expertise to explore alternative dispute resolution methods, aiming for quick and amicable solutions to protect your financial interests.
• Comprehensive Legal Audits: Conducting a legal audit is a proactive measure to identify and address potential legal vulnerabilities. Our legal team collaborates with our financial advisors to conduct due diligence tailored to your specific financial circumstances.

Collaborative Approach

Our integrated approach brings together financial and legal experts to work seamlessly on your behalf. This synergy ensures that your financial strategies are not only optimized for growth but also shielded from legal challenges. We believe that a proactive and collaborative approach to financial and legal matters is key to achieving long-term success.

Confidentiality and Trust

Your confidentiality and trust are of the utmost importance to us. Our legal team upholds the highest standards of confidentiality, ensuring that your sensitive legal matters are handled with the greatest discretion and professionalism.

At IWN Group, we go beyond traditional financial services. We recognize the interconnectedness of financial and legal matters and strive to provide you with a comprehensive support system that seamlessly addresses both aspects.

Tax Planning

Established in 2017, IWN Group Tax Department is an in-house team of AITI qualified tax advisors specializing in tax planning services. Our expertise enables us to quickly identify and implement tax efficiencies for both personal and commercial partners.

Corporate Structures & Partnerships

Choosing the right corporate structure depends on factors like tax implications, legal entity, ownership, and liability. Our consultants can help you determine the best corporate structure to grow your business. Partnerships allow you to combine capabilities and resources, fostering a more successful enterprise. We advise on bespoke partnership arrangements for all business sectors to ensure transparency and tax efficiency.

Indirect Taxes

VAT, customs duties, and environmental taxes are increasingly burdensome for Irish companies. We can help manage these taxes efficiently, identifying potential savings and avoiding interest and penalties. Relevant Contract Tax (RCT) may apply if your business subcontracts work, requiring you to withhold RCT from payments to contractors. Compliance with RCT procedures is crucial, as non-compliance can be costly. We advise on RCT compliance, assist with reporting and filing, and provide refunds of withheld RCT.

Capital Gains Tax

When selling capital assets, we help our partners minimize the capital gains tax payable by identifying and utilizing legitimate strategies. We assist in managing the crystallization of capital losses to offset future capital gains and identify business assets eligible for the entrepreneur’s capital gains tax exemption. Our specialists can also advise on effective asset transfers to the next generation, using appropriate reliefs and exemptions.

VAT

We analyze VAT compliance to mitigate potential VAT risks, especially for partners unable to fully recover VAT. Our specialists offer advice on VAT compliance, including pre-audit reviews, in both Ireland and overseas.

Professional Advice on Family Business

Family businesses are crucial to the British and European economy. We understand that balancing personal and financial management is key to their success but also presents inherent risks. We help minimize these risks by advising on strategic planning aspects, including remuneration, expansion, financing, and ownership transfer. Our comprehensive succession planning service focuses on long-term tax-advantaged growth.

Commercial Mediation

Mediation is often the most cost-effective way to resolve commercial disputes, avoiding lengthy and costly litigation. The initial mediation process is confidential and non-binding, aiming to resolve disputes through a binding settlement agreement. Our experienced mediators act as neutral third parties, examining the issues in dispute and proposing practical solutions for all parties.

Incorporation

Deciding to incorporate involves analyzing personal, financial, and business circumstances thoroughly. Incorporation can reduce current tax risks by maximizing your 12.5% corporate taxable income. We advise on converting sole proprietorships into limited companies and help understand regulatory and legal issues to maximize benefits for your business and yourself.

Tax Planning for Employers and Employees

Employee motivation is crucial for business success. We help partners identify the most tax-efficient incentive and reward packages. Share incentive schemes offer a tax-efficient way to reward key employees without impacting cash flow negatively. We advise on the appropriate levels of employee share awards and tax-efficient structuring of remuneration packages, including salary, pensions, allowances, and other benefits.