What to keep in mind
Review board composition, intercompany transactions, authorities, reporting and approval processes across entities.
Unrecorded group instructions may obscure responsibility and create conflicts of interest.
Distinctions often confused
Economic group membership does not erase separate corporate personality.
Frequently asked questions
Can one group manager direct all subsidiaries without formal powers?
Authority should be properly documented for each relevant entity.
Should intercompany operations be separately approved?
Where required, yes, respecting each company's interests and applicable rules.
Informational content. It is not a substitute for professional advice.