"It's tough enough staying in compliance even on our home turf. How do I set up my non-profit to operate overseas?"
Establishing activities in a foreign country can require non-profit organizations to adapt to cultural, legal, and environmental conditions
Expanding your non-profit’s operation to a new region of the world is complicated. Establishing activities in a foreign country can require non-profit organizations to adapt to cultural, legal, and environmental conditions very different from those at home. And your funding may require entity approval from a variety of government agencies.
Your organization may be exposed to significant financial and reputational risks as you struggle to be compliant with local employment practices and regulations, on-the-ground cash requirements, and legal entity establishment efforts.
HSP can help with your non-profit’s international expansion. Our team delivers the local knowledge necessary to ensure that required financial and entity registrations, including tax and payroll returns, are filed on time and with the right authorities. We can determine if you should hire independent contractors or employees. We will create a compliance calendar to provide you with visibility into what’s required throughout the year, and alert you to any changes in filing requirements. HSP can set up your payroll and accounting systems, too, and answer the bookkeeping, legal, HR or business operations questions that arise as you proceed.
HSP’s global team of expert advisors can help navigate the issues that arise as you navigate an international expansion. Combined with HSP OverseasConnect, our cloud software platform, HSP will enable you to focus on your organization’s mission instead of its back office operations.