Subsidiary Management

Present in different countries of Europe, North Africa, Latin America and North America

At UR Global, we are experts in the business management of subsidiaries. We are present in 11 countries: In Europe (Spain, Portugal and Italy), in the Americas (United States, Mexico, Colombia, Peru, Brazil, Chile and Ecuador) and in Africa (Morocco).

We manage subsidiaries in legal, accounting, tax and labor matters. In a single office we can cover all the back office that a subsidiary might need at an operational level.

We have a management team in Spain and more than 350 workers in the 11 countries in which we operate. This allows us to have smooth communication with both the head office and the subsidiaries in their respective locations.

In a single office we cover all the back office that a subsidiary might need at an operational level, providing 25 years of experience, knowledge of each country, specialization and substantial value in international taxation.

We offer services of subsidiary business management to more than 600 subsidiaries in the 11 countries where we operate.

As experts with extensive experience in business management in subsidiaries, we provide substantial value in international taxation by defining the most suitable items to invoice in each case.

At UR Global we provide substantial value in what we could call the “country factor”, in which we have a long track record, since we have been providing solutions to our foreign company clients (particularly Spanish ones), for many years. We translate the bureaucratic complexity of the countries in which we operate into Spanish standards.

Taking the step to internationalize is not always easy for companies. When do we usually take that step?

We take it when it will help us optimize international operations in terms of tax, thus avoiding, thanks to this new subsidiary, the reduction of withholdings at source or the deductibility of VAT, among other particular circumstances.

At a commercial level, companies internationalize when they have an anchor customer, a mass of potential customers or when they know a market’s potential. The best way to do so is by creating a subsidiary.

It must be borne in mind that we are operating with unknown legislation with respect to accounting, legal, labor and tax affairs, which increases the risks of losing control of the subsidiary. For compliance purposes, good advisory is needed in order to be aware of and comply with local regulations.

To achieve this, what is needed is a service of business management for subsidiaries that helps you exercise control from the head office, and that allows the work teams at the destination to dedicate themselves to growing the business.

At UR Global, we offer a comprehensive service for the creation and management of a subsidiary.

We develop the company’s full plan for internationalization, advising and managing in the most advantageous way every area necessary for the management of the subsidiary or foreign company (administrative, labor, legal, tax, accounting, import management, inventories and even storage matters if the company moves product) in addition to managing other processes such as bank accounts, personnel recruitment, advice on international taxation or on the procedures to be carried out with expatriate personnel.

We are backed up by a track record of more than 25 years of developing and managing subsidiaries abroad.

Making the leap to an international market with UR Global is a guarantee of certainty, knowledge of the key aspects to take into account in each country and long experience in internationalization projects.

We will be your trusted partner with a comprehensive service for the internationalization process. We will manage the operational part so that you can focus on developing your business and managing your projects.

At UR Global we have a long track record in creating and managing the business of a subsidiary or parent company.

Our clients will have a professional team in both Spain and in the country where the subsidiary is created, thus offering personalized service and professional support throughout the process.

What Does Foreign Subsidiary and Company Management Include?

Setting up a company abroad is only the first step. Managing a foreign subsidiary involves everything that entity needs to operate efficiently on a daily basis while allowing the parent company to maintain full control.

At UR Global, we provide:

Local accounting, fully compliant with each country’s regulations, together with periodic reporting to the parent company so management has complete visibility over business operations.
International tax management, determining how transactions between the parent company and its subsidiary should be invoiced, applying double taxation treaties where appropriate, and helping avoid unnecessary tax costs.
Payroll and HR management for local employees, as well as support with administrative procedures for staff assigned from the parent company.
Legal, corporate and tax compliance, ensuring continuous monitoring of regulatory changes in every country where the subsidiary operates.
Coordination with other essential operational services, including banking, imports, warehousing and recruitment, according to the specific needs of each subsidiary.

Setting Up a Foreign Subsidiary: Key Steps

Before ongoing management begins, the company must first be established. This initial phase is essential, as it lays the foundation for future operations. Although procedures vary from country to country, the main steps are generally similar:

Choose the most appropriate legal structure (subsidiary, branch office or representative office), depending on the level of autonomy and liability the parent company wishes to assume.
Register the company with the relevant corporate authority and obtain the local tax identification number.
Appoint a legal representative in the destination country, as required in most jurisdictions where we operate.
Open a local bank account in the name of the new company.
Complete labour and social security registrations before hiring employees.

Subsidiary or Branch Office: Which Structure Is Best for Your Business?

Not every company requires the same type of international presence. The decision to establish a subsidiary, a branch office or another legal structure depends on several factors, including the expected business volume in the target market, the level of liability the parent company is willing to assume (a branch office is not legally independent from the parent company, whereas a subsidiary is), and the tax implications of each structure, which vary according to local legislation and applicable double taxation treaties.

We assess every project individually by considering the destination country, business sector and expected level of activity before recommending the most suitable structure. Making this decision without proper analysis can result in unnecessary tax costs and significantly more complex business management.

Frequently Asked Questions

A subsidiary is a separate legal entity from the parent company, while a branch office is an extension of the parent company and does not have independent legal status. The most suitable option depends on the legal and tax responsibilities involved.

Through regular accounting, tax and HR reporting, coordinated by a team that translates local regulatory requirements into clear and practical information for the management team at the parent company.

The timeframe depends on the country and its corporate regulations. In most cases, the incorporation process and initial tax registrations take between 4 and 12 weeks.

UR Global provides subsidiary management services in 11 countries: Spain, Portugal and Italy in Europe; the United States, Mexico, Colombia, Peru, Brazil, Chile and Ecuador in the Americas; and Morocco in Africa.