Representative Office vs Branch vs Subsidiary in Spain
Expanding your business to Spain is an exciting opportunity, but choosing the right legal structure can be overwhelming. The three most common ways to establish a presence are Representative Office, Branch, and Subsidiary — each serving different purposes and offering unique benefits. Here’s a breakdown to help you make the right decision. Representative Office vs Branch vs Subsidiary in Spain: Which Option Suits Your Business Best? Listed below are the advantages and limitations of representative office vs branch vs subsidiary in Spain : Representative Office: Best for Market Exploration A Representative Office is the simplest way to enter the Spanish market. It is a non-commercial setup, meaning it cannot carry out revenue-generating activities such as sales or invoicing. Instead, it serves as a hub for market research, brand building, and liaison activities with local stakeholders. Advantages: Low cost and minimal compliance requirements No corporate tax liabilities, since no ...