Transfer of Functions - Schedule: Step by Step:

first (if possible): never forget to apply for subsidies

Step 1 – Situation Analysis and rough planning

1. Profit forecast of the company based on the existing operational structure.
2. Determination of processes and functions that could be relocated, developing of options and simulation with legal, operational, financial and tax considerations.
3. Calculation of costs and benefits of transferring functions: tax savings plus additional benefits by "Tax Effective Supply Chain Management" minus additional costs (for restructuring, for IT adaptation, for maintaining the structure and for additional processes)
4. Target structure, roadmap and timetable (for 1-2 alternatives)

Step 2 - Involvement of stakeholders

1. Integration of your tax expert and consideration of his proposals.
2. Presentation to fellow partners and other decision makers
3. Obtaining necessary approvals from customers or suppliers, e.g. with permanent contracts
4. Verification of target structure, schedule and timetable

Step 3 - decision and implementation

1. Decision for individual functions (eventually partial simulation)
2. Detailed plans, processes and time schedule
3. Establishing the first structures (legal, physical, IT, people ...)
4. Establishment of processes