Glan Agua Ltd. is a private limited company providing project solutions for the water and wastewater industry. Glan Agua Ltd. commenced trading in January 2008 and specialises in providing design, construction, commissioning, operation and maintenance services within the water and wastewater sector. Glan Agua Ltd. has undertaken projects with a large number of Local Authorities and Private Clients in the Food and Pharmaceutical Sectors. Please refer to our Project Gallery for further information. Glan Agua Ltd continually strives to improve our skill set and investigate new technologies to efficiently manage Irish water resources and the environment on behalf of our clients.
Glan Agua & Mota-Engil Group
Glan Agua Ltd. is part of the Mota-Engil Engineering Division that is Mota-Engil Engenharia e Construção, Portugal's leading construction and engineering service providers with a turnover of €2.314 billion and a workforce of over 28,000 employees in 2013. Glan Agua Ltd. receives significant support from our parent company in terms of financial guarantee and assurance, and also from our numerous sister companies throughout the group in terms of technical experience and knowledge. On this basis, Glan Agua Ltd. provides an entity with the financial stability of the largest water and wastewater engineering company in Portugal and the technical expertise from projects completed throughout Europe, Africa and South America. This, in turn, provides our Client with significant comfort in relation to the stability of our company and the guaranteed standard of quality throughout project completion.
The company was set up by skilled and experienced professionals with extensive expertise in the Water and Wastewater Industry.
The Glan Agua Ltd Principles
- COST-EFFECTIVENESS - Using BAT and Fit for Purpose principles we offer value for money, CAPEX engineering, with prime focus on a commercially efficient Operation and Maintenance philosophy.
- HEALTH & SAFETY FOCUS - The welfare and safety of our employees, our Clients employees and the general public is our prime consideration during the various phases of a contract starting from the design process to facility commissioning and long-term maintenance.
- SUSTAINABILITY & ENVIRONMENTAL FOCUS - Sustainable development and protection of the environment is an integral part of Glan Agua Ltd.'s focus and culture.
- SIMPLICITY & EASE OF OPERATION - Treatment plants operate most efficiently when they are easy to understand and operate. Ease of operation is an important consideration in the design of civil, mechanical, electrical and automated control systems. Extensive training plans are provided prior to hand - over and day-to-day assistance as necessary.
- HIGH QUALITY & PERFORMANCE - Glan Agua Ltd. are fully committed to delivering a high standard of products and services, and at all times strives to achieve our policy requirements based on continuous improvement and development.
Mota-Engil Group’s UK Tax Strategy
This document sets out the Mota-Engil Group’s UK tax strategy in accordance with the requirements enacted in Schedule 19 of the Finance Act 2016. This strategy applies to all UK entities and UK permanent establishments of foreign entities that are part of the Mota-Engil Group (“UK Group”), and will remain in effect until another tax strategy is published.
Risk management and governance arrangements in relation to UK taxation
The Mota-Engil Group is committed to complying with all the tax laws and obligations in force in the countries in which it operates in, including the UK.
This principle is clearly stated in the Group’s Code of Ethics and Business Conduct which, addressing each employee, states that “You must, at all times, abide by all laws, rules, regulations, and professional standards applicable in the country where you are working or in which the Company is operating”.
The Mota-Engil Group operates in a decentralised manner and each UK Group entity is responsible for complying with its tax obligations, which include paying all taxes the entity is subject to in the right amount and at the right time.
This responsibility rests with the management of each UK Group entity, in particular with its Finance Director, who has the executive responsibility for the tax function. The Finance Director is supported by internal tax experts and/ or external tax advisers in the performance of its day-to-day obligations in relation to UK tax.
Where there is uncertainty or complexity regarding the tax treatment of a particular item or transaction, or when a transaction may impact more than one tax jurisdiction, UK Group entities often resort to Group tax experts who are called upon to provide additional input into the decision-making process. Group Tax must also be consulted whenever transactions or decisions under consideration may, given their size or complexity, represent a material tax risk for the Group.
Tax matters, as all other financial information, are reviewed on a regular basis by the Finance Director of each UK Group entity, including during the preparation of interim and annual accounts. Each Finance Director must ensure that financial data is reported in compliance with the standards, principles and procedures in force, as contained in the Mota-Engil Group’s Accounting Policies Manual. Financial data, which includes tax data, is reported, managed and controlled through robust accounting systems and is regularly audited.
Attitude towards tax planning
All transactions entered into by UK Group entities must be based on business objectives and have a clear business purpose or commercial rationale. Any tax planning initiative must be carried out in this context.
As part of their business and commercial operations, UK Group entities can make use of potential tax incentives and exemptions intentionally foreseen in the UK tax legislation.
The priority given to the needs and objectives of the business will in no circumstance override the imperative to comply with all applicable tax laws and regulations.
The level of risk in relation to UK taxation that the Group is prepared to accept
Given the decentralised nature of the Mota-Engil Group, as well its scale of business and volume of tax obligations, UK Group entities can be exposed to several types of tax risks that can be detailed as follows:
1. Tax compliance risks, which involve risks of compliance failures derived from the late filing or the filing of inaccurate tax returns, the failure to submit claims on due time, or any other tax failure (such as system failure, etc.);
2. Operational tax risks, which arise from any technical or factual inaccuracies, disregard for the tax consequences of business operations, unanticipated changes in tax laws and misinterpretation of complex or unclear tax rules; and
3. Reputational risks that are the consequences of tax exposures that might affect the relations with the entities’ stakeholders.
To that end, UK Group entities consider compliance with the UK tax legislation as paramount to managing the referred tax risks, and are committed to minimising the risk of uncertainty or complexity of the tax law/ business operations, as well as the risk of disputes with HMRC.
Relationship with Her Majesty’s Revenue & Customs (HMRC)
All UK Group entities seek to build and maintain a professional, cordial and transparent relation with officers of HMRC. To this extent, the entities are committed to providing any documentation that may be required by HMRC and to responding clearly and on a timely basis to any requests for information.
Additionally, UK Group entities will seek to work collaboratively with HMRC to resolve any disputes or, when applicable, to obtain certainty in relation to the tax treatment of any key business transactions.