Branch office in a different country

Hello All:

We will be opening a branch office for manufacturing in UK.  According to our Legal department, this branch office belongs to one of our US legal entities, it doesn't own employees, assets or liabilities but it needs to have its own Primary  ledger and Bank accounts in UK, and operating unit to buy, make, ship items back to US or to other Legal Entities under the same parent.  This branch office will also need to be taxed with VAT.

Any suggestions how to handle this in Oracle?  We are using Oracle R12.2.4

Thanks,

Sandy