Sometimes the Office of the General Counsel (OGC) will advise that a project’s goals are best enabled through a new Related Legal Entity in the host country.
This entity is typically owned or controlled by Columbia University or one more subsidiaries of the university. The University will appoint a Board of Directors or equivalent body and a senior manager to oversee and manage the entity in keeping with host-country regulations and practices. Although related legal entities are part of the overall Columbia University network, they are legally distinct from the Trustees of Columbia University in the City of New York and must be operated in keeping with their separate legal and tax status. Working with host-country resources, Finance, and other university departments, the OGC will advise on appropriate measures to meet regulatory and tax requirements.