If you’ve recently acquired a foreign company or set up a new overseas subsidiary in order to take advantage of inexpensive labor or favorable tax rates and regulations, you are not alone. Many U.S. corporations are doing the exact same thing.
It’s a trend that is not likely to end anytime soon. Yet, operating overseas is not necessarily easy. You need to know how to make your foreign subsidiary successful. And that takes knowledge … an understanding of the local culture … an ability to hire competent, committed and motivated staff … and a solid strategy that enables you to determine just how your foreign subsidiary fits into “the big picture.”
You can’t acquire that knowledge overnight … unless you employ a firm like Davidoff & Associates. We’ll help you navigate the maze of regulations and rules so that you can set up a subsidiary in the country of your choice – almost hassle-free. We’ll do more for you, too.
We’ll help you open a bank account … set up a local payroll … hire a local accountant who will be able to generate financial reports for you, using the host country’s language and terminology … and even devise a tax strategy that will enable you to take advantage of lower tax brackets. It’s called Transfer Pricing Strategy.
With so much to gain, contact Davidoff & Associates today.