Ecovis helps to restructure Australian wholesale company

Background

BPM Australia is a large, fast-moving international wholesale company for consumer goods. The firm had expanded into New Zealand with business and property interests.

Issue

The main task was restructuring multiple companies that had been incorporated in New Zealand since the business structure of the companies was not optimal for Australian purposes.

Solution

The history of the business, the current scenario and possible options were carefully examined. ECOVIS KGA in New Zealand assisted the client by providing a suite of options designed to optimize the structure for commercial and timely tax solutions.

Currently

The restructuring of our client in New Zealand has been finalized. The New Zealand group’s operations are now fully compliant with the New Zealand revenue authority.