When establishing your subsidiary, you will require:
(a) A notary public.
(b) Capital to pay the costs of establishment fees and services.
(c) A certificate of good standing that has been self-certified.
(d) The company act is duplicated in two copies.
(e) A business plan that outlines the structure and goals of your organization.
(f) A copy of your company's leasing agreement for its physical location.
(g) A habitability certificate.
(h) Your office's cadastral map.
Establishing a subsidiary might take a few weeks or many months, depending on whether you have all of the relevant documentation ready. The steps are as follows:
1. Request that a notary public attest to the authenticity of your company's name.
2. Provide the required certificates to the notary, who will submit your business act to the proper authorities.
3. In addition, the notary must transmit the applicable request and paperwork to the appropriate office.
4. The title certificate of your firm will be requested by the notary or another certified individual.
5. Apply for your economic operator code through the OPEC web site.
6. Apply for a business license online and wait for it to be issued.
7. You may pay the business licensing tax either online or in person.
During this time, you'll also need to identify a physical location for your subsidiary and prepare for its launch.