Global Subsidiary Management
Where do you start with company registration, compliance, and global subsidiary management when doing business in another country? Even when there is no language barrier, the process is time-consuming and every new jurisdiction has different requirements. Using Agile Legal’s global subsidiary management means all these different requirements don’t have to delay earning revenue or put your compliance at risk.
Understanding the
Corporate Transparency Act
As someone with decision-making and legal responsibilities in your company you may well feel at a loss as to where to start when it comes to complying with these new regulations. Agile Legal is here to simplify the compliance process and keep you compliant by managing the whole process of meeting the CTA’s requirements.
In order to be compliant with the CTA’s regulations, you must first determine if any of your entities fall under one of the 23 exemptions. For any non-exempt companies, you then need to report your beneficial owners or employees with substantial control over the business. While you may be hesitant to release your personal identifying information, compliance with these requirements will protect your business from harsh fine and penalties.
Agile Legal’s team of attorneys, certified AML professionals, and senior paralegals have studied the new law extensively. We’ve designed a system so we can keep our clients compliant with the CTA’s regulations.
Need More Information About the Corporate Transparency Act?
Don't Expose Yourself to Unnecessary Risk
Missed Deadlines
Disorganization during the planning process can lead to missed deadlines, sending your progress backwards.
Delayed Entry
Non-compliance and unfamiliarity with local regulations may delay your entry into a country, sacrificing your time and money.
Unsuccessful Projects
These and countless other disruptions hinder the success of your projects and complicate meeting performance goals.
Common Problems When Managing Global Subsidiaries
DELAYS
Delays in entering a country are stressful and can impact the bottom line of your business.
BARRIERS
Language, informational, and political barriers make the process of expansion frustrating.
CAPACITY
Lack of local expertise shouldn't hold you back from managing global subsidiaries.
An Experienced Service Provider that Understands Your Global Subsidiary Management Needs
Agile Legal understands that entering a new country is a complicated web of requirements and regulations. Each country has its own laws which offer their own unique challenges, and it can be difficult to navigate these challenges on your own. Agile Legal is trusted by clients to manage over 2,500 entities across the world. Let us take care of your entity compliance so you can focus on your operational strategy across the world.
Simplify Your Global Subsidiary Management
- Speed up your entry into new jurisdictions
- Save time and money on governance and compliance
- Remove the stress and frustration from your global entity management
- Draw upon expertise and experience from our team and to advance your global entity management
- Speed up your lines of communication with in-country support who can communicate in the same language as you, so your projects meet their deadlines on time.
- Do business in the US as easily and stress-free as possible by forming your entity in Delaware with our specialized services
Managed Services For Corporate Transparency Act Compliance
Global Subsidiary Management For All Your Entities
Policy Creation
- Reporting
- Changes
- Monitoring
- Communication
BOIR Preparation
- Help verify Beneficial Owner information
Beneficial Owner Identification
- Identify and document Beneficial Owners
by interest and substantial control
Reporting Company Exemption Analysis
- Review company records & entity charts
- Document exemption status by Reporting Company
- Monitoring
- Communication
BOIR Filing and Monitoring
- File BOIR with FinCEN, filing updates as needed
- Monitor changes to:
- Beneficial Owners
- Reporting Company
- FinCEN and CTA laws and rules
Managed CTA Compliance – Enterprise
- Help verify Beneficial Owner information
- File BOIR with FinCEN, filing updates as needed
- Monitor changes to:
- Beneficial Owners
- Reporting Company
- FinCEN and CTA laws and rules
Managed CTA
Compliance – Lite
- Minute book holding & maintenance
- Stock ledger and capitalization tables maintenance
- Stock certificate preparation
- Officer/director and beneficial ownership information management
- Organization charts and signature block maintenance
Company Secretary
- Domestic and international jurisdictions
- Registered agent and registered office
- Leased physical space
- Mailing services & postal address
Domiciliation/ Registered Office
- Preparation and drafting of documentation for share buy backs, transfers, and issues
- Funding round assistance
- Merger and acquisition support
- Preparation and filing of corporate amendments and drafting of accompanying consents and resolutions
- Legalizations, notarizations, and apostilles
Directorships
- Monthly bookkeeping
- Preparation and filing of statutory financial reports and tax returns
- Payroll system set-up and administration
- Ad-hoc filings and returns as requested
Accounting & Treasury Services
Global Subsidiary Management Tiers
To simplify your entity management, Agile Legal has designed tiers that package our management services, making it easier for our clients to get the help they need.
Not Sure What Services You'll Need?
Contact our international team and we can advise what tier is best for you.
Where We Can Assist With Global
Subsidiary Management
We have extensive country coverage across the globe
This map shows the countries where Agile Legal currently manages entities. These countries are categorized either as Band A or Band B. These bands are based upon the differing levels of complexity of corporate compliance for entities in those countries.
Band A countries have fewer and less complicated regulations for entities than countries in band B. This often correlates with whether a country has a civil law or a common law legal system. Countries with civil law systems tend to be more bureaucratic and stringent with compliance, requiring more work and expertise.
Learn more about the impact of common law and civil law legal systems on global subsidiary management in our blog article.
Looking to Dissolve a Global Subsidiary or Branch?
Agile Legal provides cost-effective and timely rationalization services to help you dissolve underperforming subsidiaries and branches. Check out our International Services page to learn more.
How the Corporate Transparency Act Affects
Formations & Dissolutions
The CTA affects a wide range of fields, and formations and dissolutions are no exception. While the CTA is still in its infancy and will likely be changing as 2024 progresses, these infographics demonstrate how the current state of the CTA affects corporate formations and dissolutions.
Unsure Where to Start with International Support?
Use our contact us page to get in touch with us to see if working with the international team is a good fit for you.
Need International Support?
We have extensive country coverage across the globe
Contract Clause Library
Concerned about your knowledge of different contract definitions?
View our contract clause library to stay up to date with the terminology you should be using in your contracts.
Client Testimonial
Our Process
Order a Legal Service
Tell us your needs.
Follow Up Call
We will arrange a time to speak to you about getting the help you need.
Safeguard Your Success
You will get the services you need.
Have Outstanding Questions About the CTA?
Agile Legal’s team of CTA experts are ready at your disposal to answer any questions you may have about the CTA and its compliance requirements. Book a meeting with us to get 1:1 support from our compliance professionals.
Global Subsidiary Management
Setting up overseas entities, keeping them in good standing, and managing subsidiaries in multiple countries is time-consuming and stressful. And it only gets worse when you encounter language barriers, excessive bureaucracy, and slow progress on projects that delay revenue generation, jeopardize deals, and threaten good standing. Your subsidiaries should benefit the bottom-line of your business – not sources of stress that squander your time. Our full-service global subsidiary management, with a legal project coordinator as your single point of contact, will save you time, ensure you meet deadlines, and transform a source of stress into a source of confidence. Agile Legal can help manage your existing entities, establish new ones, or even dissolve entities if you are in need of entity rationalization. We can manage your relationship with your current in-country partner or use our network of partners in over 100 different countries to find a new partner if you need to change your service provider. Working with Agile Legal means you can swiftly communicate in a common language and ensure you meet your legal obligations. Our team helps you maintain an efficient corporate structure and good governance and avoid non-compliance penalties and fees. We can also help you manage your data in any entity management software you may be utilizing. When you are managing multiple subsidiaries in multiple countries with different regulations, make sure you have peace of mind about your international holdings.
Looking to dissolve a foreign entity?
Check out our rationalization services.