your global advisers: media and entertainment global advisers... · triana, uribe & michelsen ltda

Your Global Advisers:

Media and EntertainmentSeptember 2017

ContentsIntroduction 2

ARGENTINA

Hugo Tejero & Associates 4

AUSTRALIA

Hayes Knight 6

CANADA

Sloan Partners LLP 8

COLOMBIA

Triana, Uribe & Michelsen Ltda 10

GERMANY

GKK PARTNERS 12

HONG KONG

CWCC 14

SPAIN

ILV SILVER 16

UNITED KINGDOM

Kingston Smith LLP 18

UNITED STATES

Kingston Smith Barlevi 20

Marks Paneth LLP 22

www.morisonksi.com

Disclaimer: Morison KSi is a global association of independent professional firms. Professional services are provided by individual member firms. Morison KSi does not provide professional services in its own right. No member firm has liability for the acts or omissions of any other member firm arising from its membership of Morison KSi.

2 3www.morisonksi.com www.morisonksi.com

About Morison KSi's Media GroupMorison KSi Media Group has been formed by member firms of Morison KSi that have a well-established and recognised specialism in the media sector.

The aim of this group is to offer a worldwide service with a specialist focus on the media sector alone. By working together as a group, we have an unparalleled basis of commercial knowledge, allowing us to identify opportunities and challenges for our media clients.

Through combining resources and expert knowledge of the industry on a global level, each member is able to add value to the support they provide their clients, whether their strategy for growth involves international expansion or accelerated growth within an existing market.

How we can helpEach of our member firms has specialist expertise in the media sector. The benefit of the group is that these services are wholly international to ensure that we can fulfil all our clients needs.

About Morison KSi's Media GroupMorison KSi is a global association of leading professional service firms, established to meet the cross-border accounting, auditing, tax and business consulting needs of clients. Morison KSi has over 150 members in more than 80 countries and has a combined turnover of over $1bn.

MORISON KSi MEDIA GROUP CONTACT

Graham TylerPartnerKingston Smith LLPE gtyler@ks.co.ukT +44 20 7304 4646

INTR

OD

UC

TIO

N

SERVICES INCLUDE

TAX SERVICES

Company and personal tax

Tax incentives

ADVISORY SERVICES,

INCLUDING CROSS-BORDER

CORPORATE FINANCE

Benchmarking against

other media companies

Employee incentives

Mergers and acquisitions

Exit planning, including

pre-sale tax planning

Succession planning

Growth capital

Business valuations

Profit improvement

reviews

SETTING UP A BUSINESS IN

A NEW TERRITORY

Funding

Business structuring and

incorporation

Tax planning, including

company taxes and cross-

border transactions

Tax incentives

Bookkeeping and

accounts

Employment

Personal tax

AUDIT AND ACCOUNTS

Accounts preparation

Bookkeeping and

management accounts

Morison KSi Media Group The Morison KSi Media Group covers nine jurisdictions, all of which are key international media hubs:

Hugo Tejero & Associates Argentina (Buenos Aires)

Hayes Knight Australia (Sydney)

Sloan Group LLP Canada (Toronto)

Triana, Uribe & Michelsen Ltda Colombia (Bogot)

GKK Partners Germany (Munich)

CWCC Hong Kong

ILV SILVER Spain (Barcelona and Madrid)

Kingston Smith LLP United Kingdom (London)

Kingston Smith Barlevi USA (Los Angeles)

Marks Paneth LLP USA (New York)

4 5www.morisonksi.com www.morisonksi.com

About Hugo Tejero & AssociatesHugo Tejero & Associates is the leading business and tax consulting firm in Argentina for the marketing services industry since 1970.

We are advisers for the Argentine Advertising Association (AAP), Digital Agencies Association (Interact), Media Buying Agencies Association (CAAM) and our portfolio is made up of multinational and independent agencies.

We conduct regular surveys about the sector, including the highly-praised survey monitoring the annual position and performance of more than 300 agencies.

Due to our expertise in the sector, and as leaders advising the marketing communications industry, we have helped Government functionaries to define, adapt and write acts and laws regarding advertising business on several occasions.

Working for the associations, we have also secured several changes to acts regarding VAT, gross income tax and withholdings regulations.

We have a group in Linkedin for Hispanic media professionals Innovacin + Contenido : El futuro de la publicidad, los medios y el entretenimiento (Innovation + content: the future of advertising, media and entertainment) with 6,000 followers. https://www.linkedin.com/groups/2047020.

We are able to provide a full range of audit, due diligence, accountancy, tax, payroll, HR and corporate finance services. Such specialist areas of advice include benchmarking, succession

Hugo Tejero & Associates Location: Argentina, Buenos Aires

Size: 5 partners; 20 professionals

Media specialism: Marketing services, media, commercial production, TVand film production

planning, exit planning, business valuations, corporate development plans, preparing for sale and tax advice.

We have over 60 clients spread across the media sector, covering all the key disciplines within marketing services, TV and commercial production and media. Between them, these clients cover all stages of development, from start-ups through to multinationals and NYSE listed groups.

Hugo TejeroPartner

Specialism: Tax, corporate finance and negotiations with government bureaus E hugotejero@tejero-ksi.com.arT +54 11 4553 7000

Ive been a client of Hugo Tejero & Associates for more than 25 years, and in all agencies and companies Ive been managing, I have always received high quality, precise and valuable advice from them. If in the future I manage another company, I will surely trust on them again to be our advisors.Ricardo Fitz-Simon, CEO of CCR Argentina SA and General Manager of Espacios SA. Former CEO of JWT Argentina, JWT Mexico and Grupo America

CONTACTHugo Tejero & Associates: Maure 4109, 1st Floor ABuenos Aires, C1427EFMT +54 11 4553 7000www.tejero-ksi.com.ar

SOME OF OUR HIGH PROFILE CLIENTS Ogilvy JWT GroupM

Kantar Wunderman David

Havas Group

AR

GE

NTI

NA

KE

Y C

ON

TAC

TS

Matias TejeroPartner

Specialism: Due diligence, tax and corporate developmentE matiastejero@tejero-ksi.com.arT +54 11 4553 7000

Martiniano GalliPartner

Specialism: Marketing services taxesE martinianogalli@tejero-ksi.com.arT +54 11 4553 7000

Nicols CastroPartner

Specialism: Payroll and HRE nicolascastro@tejero.ksi.com.arT +54 11 4553 7000

Lucas MervichPartner

Specialism: Audit and business intelligenceE lucasmervich@tejero-ksi.com.arT +54 11 4553 7000

SERVICES INCLUDE

BUSINESS INCORPORATION

Company structuring

Company registration

TAX

Corporate tax

Personal tax

VAT services

Transfer pricing

Tax incentives and tax

reliefs

ACCOUNTING

Bookkeeping and

management accounts

Accounts preparation

Audit

Compliance

EMPLOYMENT SERVICES

Employment law and

contracts

Employer taxes

Employee incentive

schemes

Payroll

CORPORATE FINANCE

Succession planning

Business valuations

Partner enter/exit

negotiations

Business plans

Corporate development

Vendors audit

Due diligence

PROFIT IMPROVEMENT

Profit improvement

reviews

Business intelligence

Benchmarking

identifying key

performance indicators

to improve financial

performance

We are members of the Advertisers Chamber (CAA) http://anunciantes.org.ar/, Advertising Information Center (CIP) http://www.cip.org.ar/, British Argentine Chamber of Commerce (BACC) http://www.baccnetwork.com/, where we often run seminars and presentations for training and business development. We also collaborate with trade press on subjects relating to the industry.

Our specialist company Advertiseware SA is the leading tax compliance and payroll outsourcing provider for the marketing communications industry in Argentina. It is responsible for outsourcing tax, payroll, bookkeeping and BPO in different type of agencies, such us creative, media, sales promotion, PR, market research, digital and production houses.

https://www.linkedin.com/groups/2047020http://www.tejero-ksi.com.arhttp://anunciantes.org.ar/http://www.cip.org.ar/http://www.baccnetwork.com/

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About Hayes KnightHayes Knight is an Australian mid-tier accounting and advisory firm, with a 40-year history of working with business clients, and assisting them in their growth and development.

Located in Sydney, Hayes Knight has developed a significant presence across a range of media sectors. We offer everything that businesses and professionals need to grow, develop, sustain and capitalise on the opportunities available to them in Australia and internationally. Specialist directors head teams who will guide you through all of your business needs. Beyond our Sydney location we can provide services right across Australia, and global reach through our international connections.

We are able to pr