Why do businesses expand internationally?
The Internet and information technology makes it easier than ever for businesses of all sizes to venture into foreign markets. There are many reasons that companies enter the international business arena which include access new customers and markets, access to new talent pools, and risk diversification in different markets.
Expanding internationally – how do I get help with expanding overseas?
In order to develop business in international markets, it’s vital to do your homework. Haines Watts is here to help consider what is needed and what to consider when expanding business internationally. We’ll help you:
- Understand new markets – Due diligence and research into the health of the target market.
- Local customs and culture – knowing these can make a huge difference to a business relationship.
- Establish local links and develop business overseas.
- Develop customised international tax plans that will give you the edge and help make the venture more profitable for you.
International business – how to do business internationally
Having international links is more than just a nice thing to have – it’s a necessity. When carrying out business abroad. Haines Watts will help you with expanding internationally by offering you:
- The options – branches, agencies, service companies, subsidiaries and legal entity format.
- Tax efficient ownership – development and exploitation of intellectual property.
- Holding company location – for tax efficient repatriation of profits into the UK.
- Finance structure – to ensure tax efficient circulation of cash within a group.
- Regulatory information – ensure you follow regulatory practices and you are compliant in the relevant countries, saving time and money.
- Funding – help you get the money needed to get your overseas venture up and running.
More importantly, we offer the local business advice that can be so vital. Remember that it’s the small things that can be so easy to miss without that local input.
