December 27, 2018

Core Annual Service

 
 

TGC was approached by a large U.S. multinational corporation regarding Core Annual Services to ensure compliance and governance covering 20 international entities in 15 different countries.

After a quick consultation revealed a more simplified, streamlined approach would benefit them going forward, a dedicated relationship manager was assigned to take an in-depth look into the minute books and statutory registers and develop an oversight action plan regarding the transfer of all entities.

A compliance calendar was consolidated using THINK Online™ with all deadlines flagged to ensure vital AGM documentation was prepared and filed on time and in compliance with local regulations. Local company registries mandating annual filings were also arranged for all applicable entities including final documentation.

By consolidating governance compliance requirements and shedding multiple law firms in the process, they were able to gain more control over the entities while still getting optimized support. TGC also helped lower overall operating costs by nearly 30 percent.

 

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