How to identify a company if the search results has more than one option?

As companies grow they begin to develop a corporate family.

If you do a search by TAX ID, for example, there will be times when the search will show more than one result, this is because the company may have a parent company, branches and/or unique sites.

One way to identify that the company you are searching for is the correct one is to validate the tags that appear next to the company name.

• Headquarters: is a family member that has branches or divisions that report to it and is financially responsible for those branches or divisions. If the headquarters is more than 50% owned by another company, it is also a subsidiary. If it is more than 50% owned by another company, it is also a parent.

• Single location location: owned by the company but managed separately from the parent.

• Branch location: it is a secondary location of its head office. It has no legal liability for its debts, although invoices may be paid from the branch. At branch locations, the BIR has limited information.

In addition, there are two additional tags that let you know if the company is:

• Active or

• Out of Business