News
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HSP comments in Entrepreneur Magazine
August 4, 2008
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HSP in Reuters
August 4, 2008
 Shipping headaches plague small companies by Deborah Cohen, Reuters If you’re the owner of a small exporting company, invest in some aspirin because shipping your goods overseas is becoming one big headache. It used to be that defense contractors were the primary focus of scrutiny. But under pressure to increase national security, U.S. regulators are casting their net over exported goods from cell phones to toys, looking for those who are shipping without a license. Previously, a... more >> |
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Interview in Small Business Trends
August 2, 2008
 Rushing to Get in on the Global Party by Anita Campbell Watching the evening news you might get the idea that the world economy is all about America. Here in the United States we get so focused on our own country, that any gain for the rest of the world tends to be presented as a loss for the United States. We hear it all the time: We are losing jobs here while another country gains. Or … Businesses are growing in other countries so they must be shrinking here. But some U.S. companies see growth in the rest of the world as a huge opportunity. This includes small... more >> |
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Pacific Shipper media coverage
July 29, 2008
 Middle East: Land of opportunity Dubai emerges as the area’s ‘Hong Kong.’ Iraq appears ripe for investment as strife ebbs and the government looks to rebuild by Richard Knee The Middle East abounds with promise for foreign investors, but operating there requires patience and good business connections as well as capital, people familiar with the market say. “The business climate in the Middle East — roughly from Morocco to Pakistan — differs vastly,” said Peter Schauer, a U.S. spokesman for ConFlo Lines, a container ship operator active... more >> |
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Baltimore Business Journal entrepreneur profile
July 7, 2008
 You Do What? Going global: International finance vet helps firms expand by Robert J. Terry, Baltimore Business Journal Staff Are you wondering what the compliance issues are in Belgium when it comes to issuing stock options to employees of your technology company? Larry Harding can probably walk you through it, and hopefully steer you clear of a huge tax liability in the process. The former vice president of international finance for Ciena Corp. launched High Street Partners in Annapolis in 2003. The idea was to bring his experience helping companies... more >> |
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HSP article in Kiplinger's
July 2, 2008
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HSP news coverage in InfoWorld
June 23, 2008
 Offshore yourself: Making the move to Dubai By Ephraim Schwartz By all accounts, Dubai is a strange place. It is a city of 2 million people, 90 percent of whom are ex-pats from places all over the world. Basically built on desert sands, Dubai was created by the United Arab Emirates to become a magnet for all commercial interests in the Middle East. "The vision is how to have economic relevance when the oil runs out," says Larry Harding, founder and president of High Street Partners. Anyone working in Dubai will make "good" money and pay few taxes, says Harding, but you are also "cocooned... more >> |
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Entrepreneur magazine article by Geoff Williams
June 19, 2008
 Get Smarter Would you believe… that, unlike watching the movie, reading this will make you get smart? by Geoff Williams Get Smart has hit the big screens, and of course, if you're not a fan of the 1960s TV show, you might be a little disappointed to learn that this anticipated summer blockbuster isn't an educational film at all. In fact, you may not learn a thing. Sorry about that. But, in all seriousness, we thought the timing was a good excuse to offer up a list of random resources that will help entrepreneurs "get smarter" in their business. Think... more >> |
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"Time to Test Foreign Waters" in SmartMoney
May 16, 2008
May 16, 2008 - While EFashion Solution's lone, remote warehouse facility in Secaucus, N.J., is far from cosmopolitan, the e-commerce provider — which builds web sites and ships merchandise for fashion apparel brands — is quite the worldly small business. Shipping to more than 4,000 cities in 200 different countries, the company has built an international infrastructure to reach "basically any city that's got a paved road," says CEO Edward P. Foy, Jr. And... more >> |
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HSP and client SEPATON in BusinessWeek
April 20, 2008
 How to Sell Overseas: Put that talk of recession to rest. Foreign markets are eagerly buying American by Jeremy Quittner for BusinessWeek Please click the logo above to view the article, which features input from HSP, and profiles client SEPATON's overseas success. |
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Transfer Pricing update in Singapore
April 18, 2008
Transfer Pricing is a challenging tax issue. Related to the pricing of internal transactions between related companies or branches, transfer pricing covers a wide range of issues – such as the provision of services, the cross-border use of information technology systems, or financial transactions involving more than one country. Companies address this by the use of intercompany service agreements and various types of transfer pricing documentation. The tax guidelines for transfer pricing are outlined by the Organization for Economic Co-operation and Development (OECD), which requires that internal pricing policies are consistent with the pricing of comparable transactions between unrelated parties. This is referred to as the “arms length” principle. Many companies... more >> |
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HSP interview with Global Business Perspectives
April 15, 2008
Please click the links below to hear a wide-ranging discussion of the challenges of doing business overseas, some practical advice for undertaking expansion, and some macro insight on how global politics affects business. Two part interview with Larry Harding of High Street Partners by Beverly Cornell for Global Business Perspectives.
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HSP in The Wall Street Journal
April 15, 2008
Click the title above to access the article. |
Small Firms Hire Guides As They Head Abroad: Tax, Labor Laws Hold Snags Galore; Dealing in Rupees|
Media Coverage in AllBusiness: Is Now the Time to Expand to Global Market?
April 14, 2008
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Current company news: trade mission to Turkey, UK business seminar, KK finalized in Japan
March 31, 2008
High Street Partners will present at Trade Winds Europe, a business development forum organized by the US Department of Commerce, the International Trade Administration, and the US Commercial Service. Held in Istanbul, Turkey, on April 14-15, the trade mission will focus on the Pan-European market and offer US companies assistance with entering the European market, or expanding their businesses there. HSP President Larry Harding will discuss the finance, compliance, HR, and administrative challenges and opportunities associated with this type of expansion and growth. As part of its 2008 series on international trade, the World Trade Center Palm Beach held a seminar on March 28th focused on doing business with the UK. HSP’s Nancy Wallace gave a talk on the “Ins... more >> |
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Media coverage in SmallBizResourceBlog, and in the San Francisco Chronicle
March 21, 2008
HSP featured in tax-related article posted on SmallBizResource Blog, and President Larry Harding quoted in the San Francisco Chronicle  Tuesday's Tax Tip: When In Rome... Posted by Gayle Kesten Tuesday, Mar 18, 2008, 08:15 AM ET As if staying on top of your taxes isn't hard enough here on American soil, the landscape becomes all the more complicated the minute you conduct business overseas. To learn about... more >> |
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Media Coverage: Walletpop.com explores expansion of US companies in the Middle East
March 13, 2008
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"Go East, Young Man! (that is, the Middle East)" by Geoff Williams|
HSP in US News & World Report, BusinessWeek, and ZDNet
February 25, 2008
In the past month, HSP has been picking up media steam. Please see the articles and blogs below. |
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UK Immigration Reform News
January 14, 2008
The first phase of a new points-based system will go into effect April 2008. Aimed at clearing up a confusing range of entry routes and designed to work with tightened immigration controls, the new regulations use objective criteria for determining potential employee suitability, allowing the UK to respond flexibly to changes in the labor market. Under the new rules, all UK businesses employing non-EU nationals will be required to register as certified sponsors of prospective employees. The ability of all such “sponsor” companies to grant their own work permits has the potential to streamline the immigration and employment process. It will, however, also place much of the document certification onus on the employer, and penalties for errors and non-compliance are severe. |
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Chinese labor law changes
January 7, 2008
A new labor contract law (LCL) went into effect January 1, 2008. Aimed at improving job security for workers, the legislation limits overtime, sets minimum wages, makes open-ended terms of employment for long-time workers, requires employers to contribute to their employees’ social security accounts, sets restrictions on the use of non-competition agreements, and guarantees one month’s pay for each year worked for terminated employees. Adopted last June, the 98-article law is the first time that the Chinese top legislature has ruled on open-ended work contracts and severance pay for fired workers. The new law is being watched with interest. It is expected to improve relations between employer and employees. It may make it more difficult for companies to hire temporary workers, and... more >> |
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Xin Nian Kuai Le (Happy Chinese New Year)
January 6, 2008
The Year of the Rat begins February 6. Please be advised that all local service providers, banks, and government offices will be closed for the holidays from 2/5 to 2/12. In preparation for this, all of the above will be open for the weekend prior (2/2 and 2/3). In Hong Kong and Taiwan, the holiday closures run from 2/6 to 2/10. |
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Client notice regarding electronic signatures in the EU
January 6, 2008
A couple of reminders about electronic signature requirements in the UK and Germany: |
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HSP in CFO Magazine
January 4, 2008
"Foreign Intelligence" by Kate O'Sullivan explores some of the particular challenges faced by the finance team when operating overseas, with an especial focus on corruption in foreign markets. Please click here to access the article, which includes coverage of HSP's services and clients. |
