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Why More Companies Are Using Virtual CFOs for Mid-Sized Subsidiaries

Expanding into Germany? Not every business needs a full-time, in-house finance team, but every business needs control – over cash flow, compliance, and reporting.

That’s where a Virtual CFO comes in.

The growing trend
More international companies are setting up German subsidiaries – to access talent, protect IP, or serve the EU market. But after the initial setup, the question becomes:

“Who’s watching the numbers?”

Many wait too long to hire finance leadership – or over-invest too early.

Here’s why a Virtual CFO is the right-sized solution:

📌 Cost-effective
✅ No need for a full-time hire or large team
✅ Pay for strategic support only when needed

📌 Control + Compliance
✅ Timely filings, tax submissions, and financial statements
✅ Alignment with local GAAP and international reporting standards

📌 Confidence in Germany
✅ Someone who knows the local system, and speaks your language

At Greenfields, we don’t just provide corporate services – we take ownership of financial oversight for growing subsidiaries, investor-backed entities, and SPVs. From liquidity planning and financial forecasting to preparing your entity for its first audit, our Virtual CFO service provides comprehensive financial oversight. We give you structure, clarity, and peace of mind – without unnecessary overhead.