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Group Exemption Letter
"Need a Group Exemption Letter for our UK manufacturing group of 5 companies to obtain relief from consolidated financial reporting requirements, to be effective from January 2025, with specific focus on our newly acquired subsidiaries."
1. Group Identity: Clear identification of the group and its constituent companies, including registration numbers and addresses
2. Nature of Exemption: Detailed explanation of the specific exemption being requested or granted, with reference to relevant legislation
3. Legal Basis: Citations of relevant sections of the Companies Act 2006, Corporation Tax Act 2010, and other applicable legislation
4. Time Period: Specification of the duration for which the exemption is valid
5. Conditions: Clear statement of any conditions that must be met to maintain the exemption
1. Reporting Requirements: Details of any ongoing reporting obligations required to maintain the exemption
2. Cross-Border Considerations: Specific provisions relating to international aspects of the group structure
3. Regulatory Notifications: Requirements for notifying relevant regulatory bodies about the exemption
1. Schedule 1 - Group Structure Chart: Visual representation of the group structure showing all relevant entities and their relationships
2. Schedule 2 - Company Details: Comprehensive list of all group companies including registration numbers, registered offices, and directors
3. Schedule 3 - Supporting Documentation: List of all supporting documents provided as evidence for the exemption application
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