What accounting structure should your international business have in Spain?

'Can we just mirror our UK/US accounting structure in Spain?' 

In a word, no. 

Spain requires dual compliance systems that run parallel to your home country requirements, not replacements for them, you can't simply transplant your existing structure and expect it to work.

Here's a concrete example: your UK subsidiary might report quarterly management accounts but Spanish regulations demand monthly VAT filings, quarterly corporate tax estimates AND annual statutory accounts prepared under Spanish GAAP... all with different deadlines and formats.

This week, audit your current reporting calendar against Spanish requirements: list every UK/US filing you currently make, then map the corresponding Spanish obligations alongside them to see where gaps exist.

What's the biggest structural difference you've discovered when expanding into a new jurisdiction? What accounting structures have worked for your business in Spain?

#InternationalExpansion #SpanishCompliance #CFOStrategy #accountingstructureinternationalbusinessspain