Case study · Entity management · Dissolution
Dissolving seven LATAM entities for a US tech company
AT A GLANCE
Our client: A technology company headquartered in the US
.01 PORTFOLIO
- 7 entities in 4 Latin American jurisdictions, inherited through an acquisition
.02 SERVICES
- Pre-dissolution review
- Compliance remediation
- Dissolution and liquidation
- Consolidated reporting
.03 RESULTS
- 7 entities dissolved
- 1 simpler structure in Latin America
How a US-based technology company dissolved seven inherited entities across Latin America
After an acquisition, the company found itself with entities in Latin America it no longer needed. Kalexius reviewed each one, fixed the compliance issues that stood in the way, and wound them down in every jurisdiction, with regular updates to the client throughout.
THE SITUATION
Through an acquisition, the company inherited several entities across Latin America. They did not fit its operating structure or its long-term strategy. Some were dormant, and others were simply no longer needed.
Keeping them meant annual filings, local requirements and fees in each jurisdiction, for entities that no longer served the business. Dissolving them was not straightforward either: each country has its own process, and an entity with outstanding compliance issues usually has to resolve them before it can be wound down.
WHAT WE DID
- A review of each entity first. We confirmed the legal and corporate status of every entity, identified any outstanding compliance requirements and set out the right dissolution process in each jurisdiction.
- Compliance issues fixed. Our team prepared and filed the documents needed to bring each entity up to date, so nothing stood in the way of its dissolution.
- Dissolution and liquidation, end to end. We coordinated the process across all jurisdictions and carried out every step required for liquidation, working closely with the client’s stakeholders throughout.
- One report for the whole project. The client received consolidated reporting and regular updates, with the progress of every entity in one place.
RESULTS
- 7 entities dissolved across 4 Latin American jurisdictions.
- A simpler structure. The company’s structure in Latin America now matches how it actually operates.
- Less administration and lower risk. No more annual filings, fees or compliance risks for entities the business no longer used.
- Full visibility throughout. Consolidated reporting showed the client where each dissolution stood, in every jurisdiction.
Inherited entities you never needed?
We review each one, resolve what stands in the way and dissolve it, in the US and 180+ jurisdictions.