Company without a Financial Department in the Spanish branch needed the management and coordination of the Withholding Tax and Social Security payments of all the shop employees in Spain.
The client entrusted to IVC all the administrative issues.
Powers of Attorney were given to IVC so that payments could be carried out from the client’s bank accounts in a timely manner.
Regular payroll payments for the employees in Spain.
Social security payments coordination.
Tax payments to the Treasury.
The parent company in Europe has more control and planning of its finances.
The client was able to lower the administrative costs considerably.