Going Global
money. You’ll need to consider your preferred structure and then meet with local advisers, acquire and equip your premises, build your infrastructure and interview, recruit and train your staff.
Moving from a supply-based arrangement to owning an offshore captive can often have fiscal consequences for your business. Ask your accountants about tax treaties and get their advice on esoteric but important issues like transfer pricing and thin capitalisation.
Assisted in-house With this option, you pay a service provider to help you set up operations in suitable offshore locations.
This
scalable and quick solution is often appropriate for smaller, growing businesses.
The service provider can help you get to grips with the often complex
aspects of working in another country, dealing with recruitment, premises, infrastructure, legal compliance, incorporation, HR and IT, and working with the local authorities. They can also help you to recruit staff.
Acquisition/merger For more established businesses, buying an existing company may be the preferred way to get a foothold in an overseas territory. In this case, you can acquire a ready-made infrastructure, with premises, equipment and staff, along with existing revenues and profits.
Growing your business through acquisition can lead to fast growth.
track
For further information on expanding overseas contact Guy Rigby on 020 7131 8213, or email guy.rigby@smith.
williamson.co.uk.
Disclaimer By necessity this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Article correct at time of writing.
Smith & Williamson LLP Regulated by the Institute of Chartered
Accountants in
England and Wales for a range of investment business activities. A member of Nexia International.
31 entrepreneurcountry
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60