Services
Corporate Tax Area
Services- Assistance and advice upon company formations
- Domestic and international tax and corporate advice
- Formation of branch offices, subsidiaries and representative offices of foreign companies
- Tax and corporate advice on business reorganisations
- Drafting of articles of association and shareholders’ agreements
- Assistance and advice on the occasion of assessments and preparation of appeals
- Assistance to the Board and Shareholders in decision-making processes
- Drawing up of Opinions related to tax and corporate requirements and issues of an ordinary/extraordinary nature of individual customers
- Drawing of Firm’s Circulars covering general news on corporate and tax matters meant for all customers
- Preparation of Firm’s Communications and Reports relating to specific and routine matters individual customers may be concerned with
- Preparation of basic/consolidated financial statements and any related documents
- Other specialist services in general
- Study and analysis of corporate demerger – merger - transformation and acquisition transactions
- Transfers or contributions of businesses and/or business lines and other company’s stock-related transactions
- Advice on buy-side / sell-side transactions
- Listing-related operations
- Business reorganization operations
- Debt restructuring and business reorganization plans
- Preparation of business plans covering expected economic and financial results
- Appraisals and surveys of Companies, Trademarks and Tangible and Intangible assets
- Due Diligence/ Data room of a legal – tax – administrative nature
- Planning of transfer and/or management of transactions involving movable and immovable property
- Planning of successions, donations and segregations in trust also meant to protect family assets
Legal Area
Preparation of ordinary and extraordinary contractual documents- Preparation of contractual documents relating to the purchase and sale of businesses and/or business lines and/or shareholdings
- Advice and assistance in preparing agreements on purchase and sale – supply – commercial distribution of goods and/or services, and on transfers of know-how, licenses and trademarks
- Tax consulting and assistance in drawing up international agreements
- Consulting and assistance in drawing up agreements on the purchase and sale of real estate or any related real property rights
- Other specialist services in general
- Business / corporate law
- Bankruptcy law / Labour law
- Criminal /tax law
- Environmental law / Administrative law
- Family law
- Preparation of Organization Models and updating thereof
- Acting as Members of Supervisory Bodies
Audit Area
- Legal audit of financial statements and consolidated financial statements
- Voluntary audit of financial statements.
- Assistance in transition to international accounting standards.
- Assistance in drawing up group consolidated financial statements with a national or international scope.
- Issuance of expert’s quality reports in compliance with current law.
- Internal Audit.
- Audit of specific company internal procedures.
- Audit of the reliability of internal control systems.
- Analysis, design and development of accounting procedures.
- Audit of procedures on administrative liability pursuant to Legislative Decree 231/2001.
- Other specialist services
In House Training Area
The Partners of the PIH Professionisti In House Business Network are committed to the area of professional training, through publications on specialized magazines, teaching appointments in Training Masters in sectors and subjects within their competence.
Training services – provided in-house – are prepared on the basis of specific needs of customers also by having recourse to professionals specialising in specific areas of interest, forming part of our Business Network.Insurance Services Area
- Analysis and study of the factual status of existing insurance policies (for both business and private segments)
- Development and fine-tuning of insurance products tailored to specific needs and features of customers
- Risk analysis
- Monitoring and management of accidents reported
- Other insurance services in general
Banking and Credit Facility Services
- Analysis and mapping of the corporate and/or personal investment scenario
- Advice on and analysis of any resulting corporate and/or personal financial resources requirements connected with existing projects aimed at improving the financial structure and management of the company
- Planning of possible investment strategies consistent with Customers’ profiles
- Corporate finance:
- Opening of credit facilities --> review and analysis of forms of financing most efficient and suited to meet short-term cash requirements. For example:
- Standard current account lines of credit
- Ready credit facilities to meet cash requirements (which make it possible to meet any cash requirements, even of a temporary nature, for short periods)
- “Fixed-rate” short-term borrowings for periods in the range of 7 days to 12 months
- Opening of mortgage loans (usually related to investments secured by mortgage liens and connected with the business activity)
- Payments on account --> analysis and study of solutions that enable the company to fund itself in the short-term through payments on account made by its customers. For example:
- Invoice discounting subject to collection
- Discounting of trade bills (Bank Receipts, Pre-Authorized payments, Payment Notices, car compliance certificates)
- Advances on goods and bearer instruments
- Signature loans --> analysis of effective instruments to guarantee commitments underwritten by the company towards its creditors, fulfilment of commercial or financial obligations undertaken by the company. By way of an example:
- Supply agreements (payments, payments on account, good performance of works)
- Contracts and public bids
- Real estate transactions
- VAT refunds
- Duty deferment
- Leasing transactions
- M/L term borrowings --> analysis of loan instruments and types "sustainable" by the company and assistance in drawing up application procedures. For example:
- Standard, signature and mortgage loans
- Facilitated loans (permitted under national, regional and/or EU rules and regulations or secured by guarantees given by Trade Associations or collective guarantee consortia).
- Financial risks:
- Interest rate risk--> analysis of the structure of financial statements aimed at finding the most efficient solutions for a systematic control of risk. For example:
- Identification of assets and liabilities (and the related cash flows) exposed to market rate fluctuations.
- Forecast of interest rate trends.
- Solutions and tools that optimize any hedging objectives.
- Protection against interest rate raise over time, by paying a premium in advance or in instalments (CAP)
- Transformation of any financial variable-rate exposures into fixed-rate ones, by planning the impact of financial charges over time - IRS (Interest Rate Swap)
- Exchange risk--> analysis of any tools available to protect the company’s cash flows in local currency from any variations in currency trends.
- Interest rate risk--> analysis of the structure of financial statements aimed at finding the most efficient solutions for a systematic control of risk. For example:
- Commercial risks (area relating to the audit and analysis of the solvency and reliability of customers)
A better knowledge of the solvency and reliability of any trade partners, and therefore a more accurate selection of customers, can be achieved through the trade information service. In fact, the latter enables businesses to assess the financial position of their trade partners and their ability to meet their payment commitments.
If the company elects not to keep its credit risks in its portfolio, then it can protect short-term trade receivables by means of credit insurance policies. These tools make the following possible:
- Remove any failure-to-pay risks to a considerable extent;
- Have an easier and less costly access to bank credit.
In general, other activities of a banking nature.
