Mediation with creditors
We facilitate negotiations with banks, suppliers, employees and the tax authorities to reach advantageous and sustainable debt restructuring agreements.
02 Practice Areas
Eight areas of expertise,
one single path
Our multidisciplinary structure covers, in an integrated way, every need of today's businesses. Each area works in synergy with the others to support the company in its strategic decisions, in day-to-day operations and in safeguarding its economic and financial balance.
- 01Insolvency law and business crisisTurnaround and restructuring
- 02Corporate advisoryManagement control and strategy
- 03Tax collectionOutstanding debts and instalment plans
- 04Tax audits (Revenue Agency and Guardia di Finanza)Inspections and pre-assessment dialogue
- 05Accounting and taxationDay-to-day oversight and financial statements
- 06Tax litigationDefence at every level of proceedings
- 07Administrative advisoryLicences, Chamber of Commerce filings, SUAP
- 08Tax Control FrameworkTax risk and cooperative compliance
01 Insolvency law and business crisis
Business crisis: understand it to prevent it
A crisis is a loss of economic, financial and balance-sheet equilibrium. When the imbalance is not recognised and managed in time, the risk is irreversible damage to business continuity.
Timeliness is key. Identifying early warning signs makes the difference between restoring balance and an irreversible outcome.
The causes of a crisis
External factors
Elements beyond the business owner's control that affect market conditions and reduce the company's ability to maintain balance and profitability.
- Falling demand and changing consumer habits
- High financing costs driven by high interest rates
- Inflation and rising raw material and energy prices
- Geopolitical uncertainty and unstable supply chains
Internal factors
Internal management inefficiencies or delays that undermine operational soundness, financial resilience and the ability to adapt to the market.
- Inadequate organisational and administrative structures
- Liquidity crises and structural financial imbalances
- Lack of technological innovation and outdated business models
- Strategic errors and unsustainable investments
Advising businesses under the Italian Business Crisis and Insolvency Code (C.C.I.I.)
Sustainability analysis
We assess the economic and financial position, testing whether continuity is achievable through targeted turnaround plans or the transfer of business units.
Restructuring plans
We support the design of turnaround strategies and recovery plans that are compliant with the law and can be put into practice.
Extraordinary transactions
Technical advice on business disposals, mergers and partial liquidations, to protect and enhance the value of the remaining company assets.
Monitoring early warning signs
We help the company identify economic or financial imbalances promptly, so that action can be taken before the crisis becomes irreversible.
The turnaround process, step by step
Diagnosing the crisis
Analysis of the company's position to identify critical areas and the severity of the imbalances.
Identifying the causes
We distinguish external factors from internal inefficiencies to guide corrective action.
Initial stabilisation measures
Immediate action to halt the deterioration and preserve operational continuity.
Implementing adequate structures
Organisational, administrative and accounting systems fit for management control.
Recovery strategy
Defining the best strategy after assessing all available options.
Drafting the turnaround plan
A detailed, sustainable and compliant plan, built to support the relaunch.
Assistance in proceedings
Support in insolvency proceedings and in dealings with the judicial bodies.
Ongoing monitoring
Tracking performance and verifying the effectiveness of the actions taken.
02 Corporate advisory
Management control and strategy
We help companies develop management control systems: essential tools for monitoring performance and fostering informed management.
We support management in adopting strategic systems based on the Balanced Scorecard method, balancing four key perspectives: financial, customer, internal processes, and learning and growth.
An effective control system turns data into strategic information, and information into timely decisions.
Governance, compliance and statutory audit
Model 231
Drafting, adoption and updating of the Organisation, Management and Control Model under Legislative Decree 231/2001: assessment of offence risks, mapping of sensitive processes, Code of Ethics and support to the Supervisory Body.
Adequate organisational structures
Implementation of organisational, administrative and accounting structures pursuant to art. 2086 of the Italian Civil Code, with a focus on early crisis detection systems and business continuity.
Statutory audit
Audits under Legislative Decree 39/2010: verifying that the accounts are properly kept, that business transactions are correctly recorded and that the financial statements comply, with support to the Board of Statutory Auditors.
03 Tax collection
Analysis, regularisation and protection
We assist businesses and taxpayers in managing debts referred to the Tax Collection Agent, with a technical, orderly and solution-oriented approach.
Analysis of the debt position
A complete reconstruction: origin of the debt, amounts entered for collection, status of notifications and procedural issues.
Review of payment notices and deeds
Analysis of payment notices, debit notices and demands for payment, focusing on the formal and substantive correctness of the claim.
Instalment plans
Setting up ordinary and extraordinary instalment plans to build a repayment path compatible with the company's financial balance.
Dealing with the Collection Agent
Managing relations with the offices through applications, clarifications and timely technical discussion.
We combine tax collection work with tax risk assessment and protective measures for business continuity.
04 Tax audits (Revenue Agency and Guardia di Finanza)
Technical support during inspections and pre-assessment dialogue
We assist businesses and taxpayers during site visits, inspections, audits and assessments carried out by the Italian Revenue Agency (Agenzia delle Entrate) and the Guardia di Finanza.
Assistance during site visits and audits
Immediate support during site visits, document reviews and inspections, to keep things orderly and control the flow of information.
Document analysis
Review of accounting, tax and contractual documentation to reconstruct the company's affairs in a clear and defensible way.
Pre-assessment dialogue
Written submissions, observations and technical clarifications to reduce the risk of unfounded claims and build a solid defence.
Strategic assessment of the claim
Analysis of the objections raised, their technical soundness and their financial impact, to identify the most sustainable solution.
05 Accounting and taxation
Day-to-day oversight
This area supports the company in the day-to-day processes that have an economic and tax impact, ensuring regularity, control, reliable data and full compliance with obligations.
In the Factory model, accounting is not just a legal requirement: it is the information base on which the business is run.
General bookkeeping
- Organising and recording documents
- Checking accounting entries
- Managing VAT registers and VAT settlements
- Bank and account reconciliations
- Consistency checks and balancing
- Monthly or quarterly period-end closes
Annual financial statements and tax management
Year-end close and financial statements
Adjusting entries, valuation criteria and consistency of the statements. Financial statements that are orderly, readable and defensible, including towards banks and investors.
Review and control of financial statements
Reconciliations, working papers and technical assistance in dealings with supervisory bodies and auditors.
Proactive tax management
Periodic and annual compliance, tax calculations, deadline management and preparation of tax returns.
Ongoing tax advisory
Contracts with VAT and income tax implications, classification of costs and revenues, fixed assets, invoicing policies, cross-border transactions.
06 Tax litigation
Strategy and defence
Specialist support for dealings with the tax authorities during audits, assessments and disputes. Every stage of the process becomes an opportunity to reduce tax risk.
Preliminary phase
Assistance during site visits, inspections and audits. Handling of pre-assessment dialogue and defence briefs, to establish a consistent, well-documented position from the outset.
Settlement strategy
Litigation as a means of reaching negotiated solutions, with a cost-benefit assessment of timing, costs and likelihood of success.
Defence in court
Representation before the Tax Courts at every level of proceedings, from drafting the pleadings to handling the hearing.
Monitoring and control
Continuous analysis of legislative and case-law developments, to anticipate issues and keep the financial and reputational impact under control.
Litigation is a tool for managing tax risk and rebalancing the relationship with the taxing authority.
07 Administrative advisory
Cutting red tape
Ongoing operational support that reduces time, errors and organisational waste, with constant oversight of deadlines and dealings with the relevant authorities.
Licences and permits
Trading licences, health permits, food and drink premises, craft businesses, tourism and hospitality. Assistance with SCIA and DIA filings, and notifications to the local health authority (ASL) and the Fire Brigade.
Chamber of Commerce filings
Registration, amendment and deregistration of companies, changes of registered office and corporate purpose, filing of deeds and financial statements, registration of national and EU trademarks.
SUAP management
Online SUAP (one-stop shop for businesses) filings, with a single point of contact between the business owner and the Public Administration, and monitoring of applications and requests for additional information.
Italian Revenue Agency
Opening, amending and closing VAT numbers. Tax notifications and registrations, registration of lease agreements and private deeds.
Tax Collection Agency
Tax payment notices, debit notices, ordinary and extraordinary instalment plans, debt review and regularisation procedures.
08 Tax Control Framework
Tax risk, governed from within
The Tax Control Framework (TCF) is the system through which a company identifies, measures, manages and controls its tax risk. We design and implement it together with management, embedding it in the processes and controls the company uses every day.
An effective TCF is the prerequisite for joining the cooperative compliance regime with the Italian Revenue Agency (Legislative Decree 128/2015, as reformed by Legislative Decree 221/2023), now open to a growing number of companies, and it makes tax management orderly, documented and defensible.
Tax stops being a risk discovered after the fact and becomes a variable managed in advance.
Tax risk mapping
Analysis of business processes with a tax impact and identification of the points where a risk may arise, whether of compliance or of interpretation.
Tax strategy and rules
Defining the tax strategy, roles and responsibilities, and the procedures and controls that make up the system.
Implementation and testing
Embedding controls in processes and periodically testing their effectiveness, with any corrective action required.
Monitoring and reporting
Continuous updating of the system and periodic reporting to the management bodies on risks identified, control outcomes and actions taken.
The process, step by step
Baseline assessment
We review processes, existing controls and requirements to establish the gap to an adequate system.
Designing the TCF
We build a tailored system: tax strategy, risk map, procedures and controls.
Implementation
We support the company's functions in adopting the rules and documenting the controls.
Cooperative compliance
We guide the company through certification and admission to the regime, and in its ongoing dialogue with the Agency.
Let's talk
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