Centralis Group is pleased to announce the expansion of its global operations with the opening of a new office in Madrid, Spain, as of May 1, 2024. The office is strategically located at 123 Paseo de la Castellana, in the heart of Madrid’s financial district.

This expansion underscores Centralis’ dedication to delivering bespoke solutions across various sectors including Corporate, Private Equity, Real Estate, Debt, and Debt Capital Markets. The new Madrid office will enhance our capacity to provide outstanding service and tailored solutions to clients in the Spanish market.

Why Madrid?

In the wake of significant economic challenges exacerbated by the COVID-19 pandemic, Spain has demonstrated remarkable resilience and recovery. Factors such as international investments, government incentives, and a rising demand for both student and senior housing have fuelled this recovery. The emergence of new technologies and substantial projects, such as Amazon’s data centre, further establishes Spain as a burgeoning hub for innovation and business. This presents significant opportunities in the real estate, energy, technology, and tourism sectors.

Centralis Services Offered

The Madrid office will provide a comprehensive suite of services designed to meet the specific needs of businesses in the region. Centralis Group offers customised solutions in several key areas:

• Daily Management: Including correspondence assistance, anti-money laundering (AML) services, bank account administration, and periodic invoice preparation.
• Corporate Services: Managing the incorporation of Spanish entities, organising board meetings, preparing shareholder meeting materials, and handling necessary filings with the Commercial Registry.
• Accounting Services: Providing bookkeeping, intra-group calculations, monthly and quarterly reporting, statutory annual accounts preparation, and financial statement submission.
• Tax and Audit Liaison Services: Preparing corporate tax returns, VAT returns, periodic tax calculations, and coordinating statutory audits.
• Cash Management: Managing bank statements, payment reconciliations, and monitoring outstanding invoices.
• Infrastructure: Offering qualified employees and managers, registered office addresses, and full meeting room facilities.
• Payroll Management: Comprehensive payroll administration, regulatory reporting, and assistance with payroll audits and employee pension schemes.

Introducing Elena Perez as General Manager

Elena Perez will lead the Madrid office as General Manager. With extensive experience in corporate services and financial management, Elena is well-positioned to drive Centralis’ growth in Spain. Her expertise in various sectors and deep understanding of the Spanish market dynamics will ensure that clients receive professional and tailored business support services to aid both their growth and success in the market. Elena is a partner of the Woman in Real Estate Spain, is a member of the register of chartered accountants (REC) as well as the official register of statutory auditors (ROAC).

Centralis’ client-first approach remains integral to our operations. The new Madrid office will offer local support, ensuring clients receive customised solutions. This expansion not only broadens Centralis’ global reach but also enhances our ability to support businesses in Spain with the necessary resources and expertise.

For more information or to discuss how Centralis Group can assist your business, please contact Elena Perez at +34 629 085 153 or via email at elena.perez@centralisgroup.com.