With regulation, risk—and board responsibilities for management of legal entities—on the rise, a strong global subsidiary governance framework is critical to avoiding both financial and reputational damage.
While most multinational companies have been careful to comply with home-state legal entity governance and compliance requirements, many are still exposed to significant risk when it comes to internal controls related to their overseas subsidiaries. A constantly shifting regime of regulatory developments, local business customs and compliance requirements means you must be vigilant in managing your legal entity structures globally.
Yet managing these challenges on a global basis is complex, costly and time-consuming — and, increasingly, done against a backdrop of strong cost pressures. With limited back-office and in-house resources, many multinationals are forced to rely on a patchwork of disparate service providers, and an inconsistent approach to governance and compliance across countries.
With a network of corporate secretaries, lawyers and governance specialists across over 100 jurisdictions, our Entity Governance & Compliance practice is ideally positioned to assist. Not only can we help you with your day-to-day legal entity management — domestically, regionally and internationally — we can also help you adopt a more strategic and consistent approach to global entity governance across your organisation.
We offer efficient, scalable and proven solutions —a single point of contact, a clear cost structure, oversight and control across your global entity operations.
From the incorporation of a new company, on-going compliance with local legislation, to the restructuring of your global business, our network is here to help ensure the good standing of all your legal entities, wherever they may be — while helping streamline and better manage your governance and compliance risks.
A key added value of working with PwC Legal Services is the global business insight we bring to all our engagements. Working alongside our colleagues in PwC’s International Business Structuring, International Tax Services and Global Compliance Services practices, we are ideally placed to assist you with the legal implementation of corporate simplification or group restructuring projects, as well as with your tax planning and accounting needs. We specialise in comprehensive business solutions to your business problems.
Contact us to learn more about PwC's Governance & Compliance Services — and about how we can help your business add value while ensuring worldwide entity compliance and downstream governance.
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