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Course Outline

Module 1: Introduction to Holding Companies

1.1 Definition and Types of Holdings:

  • What is a holding company? Concept and framework.
  • Distinction between a holding company and an operating company.
  • Types of holdings: financial, industrial, and mixed.

1.2 Advantages and Disadvantages:

  • Fiscal and management benefits.
  • Risk mitigation.
  • Potential for conflicts of interest and administrative complexity.

Module 2: Legal and Fiscal Framework

2.1 Legal Requirements for Incorporation:

  • Common legal structures (Inc., LLC, S.A., etc., adapted to local context).
  • Process of incorporation and registration.

2.2 Fiscal Regime for Holding Companies:

  • Tax consolidation.
  • Exemptions on dividends and capital gains.
  • Fiscal treatment of interest.

Module 3: Creation and Operation

3.1 How to Work with Subsidiaries:

  • Acquisition of shares/stakes.
  • Establishment of new subsidiaries.
  • Shareholders' agreements and control agreements.

3.2 Management Strategies:

  • Synergies between subsidiaries.
  • Treasury optimization and cash flow management.
  • Business reorganization and restructuring.
  • Governance policies and internal control.

Module 4: Practical Cases and Examples

4.1 Analysis of Successful Holding Companies:

  • Examples of companies with a holding structure (e.g., Google/Alphabet, Inditex).
  • Lessons learned.

4.2 Practical Exercise:

  • Simulation of a holding company incorporation.
  • Decision-making in subsidiary management.

Requirements

Requirements

  • General understanding of finance and business administration.
  • A computer or tablet with a reliable internet connection.
  • No specific prior experience with holding structures is necessary.

Target Audience

  • Business owners and entrepreneurs seeking to optimize their corporate and tax structures.
  • Directors and managers in finance, accounting, and administration.
  • Corporate legal counsel and tax advisors.
  • Professionals involved in strategic planning and business management.
 8 Hours

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