If you are like other Finance, Legal and HR executives, you know that overseas expansion can be a daunting task. If you have done it before, you are familiar with the challenges: establishing the correct legal entity, paying taxes, managing cash, paying employees and vendors, keeping the books, complying with local rules and regulations and managing multiple service providers, often in a language you don’t speak in a time zone far, far away. And if you've never managed an international expansion, you may find yourself saying, “I don’t know what I don’t know.”
Either way, you have a full-time job at headquarters, and the thought of spending a second more than you have to on a handful of overseas employees makes your blood pressure rise. Unfortunately, you have to spend that time. The costs of “getting it wrong” are high – missing a market opportunity, frustrating a key hire, burning too much cash or exposing your company to material risk – can mean the difference between success and failure.
Here’s how we can help you: