International Expansion
Globalisation presents huge opportunities for your business to grow revenue and profits
Building a business that is seamlessly integrated across different time zones and cultures presents a special set of problems.
We have experience of dealing with multinational clients – so we are familiar with many of the issues. Our clients have found it hugely helpful to centralise their finance function in one place, enabling accounting information to be properly co-ordinated and presented to managers and owners around the world.
We can help you
- carry out research into foreign markets
- look for partners, distributors or agents in the local market
- set up a sales office
- consider the VAT and Customs rules for the export of your goods and services
- examine the foreign currency and cash flow implications of selling abroad
- deal with freight forwarders to handle transport
- find local lawyers, bookkeepers and accountants, bankers and other professional advisers
- decide on the most suitable entity for your overseas business (e.g. foreign subsidiary or branch office)
- consider all the local and international tax implications
- recruit local staff
- set up a local finance and accounting function, and co-ordinate it with the other international parts of your business
- prepare monthly management accounts and reports for the local businesses
- manage a central finance function providing information to all the managers and owners wherever they are