Economic Substance
Assessment of activity, staff, office, decision-making routes, cost base and local presence.
Substance, Governance & Compliance
Ongoing order for international structures.
A structure is reliable only if it is not merely formed, but managed, documented and reviewed. SLA Tax Advisory supports substance, governance and compliance matters with a clear methodology.
Work areas
Corporate Housekeeping
Resolutions, registers, deadlines, annual filings, minutes and internal records.
UBO / AML
Beneficial ownership, risk profile, source of funds and documented control routes.
Governance
Roles, responsibilities, board structure, veto rights and information flows.
Review fields
- Who makes material decisions and where are they prepared, approved and recorded?
- Which activity is actually carried out and which people, premises, costs and service providers support it?
- Which register, UBO, AML, accounting, tax and annual obligations apply in the relevant jurisdictions?
- Do contracts, invoices, funds flow, board minutes and bank documents match the stated structure?
- Which documents must be updated annually so the structure is managed rather than merely formed?
Typical documents
- Current organisation chart, register extracts and constitutional documents.
- Board minutes, shareholder resolutions, powers of attorney and delegation rules.
- Service agreements, office evidence, employee or director documentation.
- Accounting records, invoices, bank statements, tax filings and financial statements.
- UBO/AML documentation, risk profile and source-of-wealth/source-of-funds evidence.
Outcome
- Governance and substance check with prioritised gaps.
- Annual calendar for deadlines, reviews, resolutions and documentation duties.
- Recommendation for record keeping and communication with advisers, bank and service providers.
- Next steps if effective management, permanent establishment or substance appear weak.