Industry: Property management
Through the jumble of private limited liability companies, acquisitions, establishing and dissolving of alliances the shareholders of a property manager, developer and a letting agent could no longer see the bigger picture in tax terms. The entrepreneurs applied a one-wallet principle: Just take money from wherever it was available, without thinking about the legal bases for those internal withdrawals. This practice was abolished when Nederhof advised the companies to shortly wind up, legally document alliances on competitive terms, restructure and accommodate activities and employees where they belong. The newly created transparent structure was ready for sale.