Success stories

English advertising agency: integrated BPO Services

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OBJECTIVE

  • To offer a comprehensive service of advice and outsourcing of accounting, reporting to the parent company, taxes, payroll and board secretarial services to the new subsidiary created in Spain, freeing it from all administrative burden in this first phase. 
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METHOD

  • The action plan was designed, including all the work to be done and the people responsible within each company.
  • The parent company’s chart of accounts was adapted to the Spanish accounting plan, taking into account IAS or IFRS.
  • The reporting system was established, preparing the templates with the information to be sent monthly to management in England.
  • Legal and tax advice was provided on participating loans and certain statutory modifications, necessary to offset losses accumulated during the implementation phase.
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RESULT

  • The financial management in Spain was freed from all management tasks related to these issues, with Key Iberboard being integrated into the client’s finance team, and the relationship with the British partners in terms of accounting, payroll, human resources and tax issues being channelled through it.
Labour, tax, accounting and legal advice with international standards and local
proximity

Where to find us.

Paseo de la Castellana, 163, 9º
28046 · Madrid · Spain

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Friday: 8:30h · 15:00h

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+34 915 611 422