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Startups and other early-stage companies may have world-changing ideas, but they often need help with the day-to-day aspects of running a growing business, from incorporating an entity to registering a payroll to fulfilling reporting and other compliance obligations. Many startup founders don’t know the full extent of their obligations, and may not have the time and inclination for getting and staying compliant. Those are just domestic concerns. These days, startups are expanding internationally much earlier in their lifecycles, sometimes from day one. Unfortunately, the challenges of expanding and operating abroad can be quite different domestic considerations. Failing to understand and comply with the laws of target countries can be every bit as damaging to a company’s bottom line and reputation as falling afoul of domestic legislation.


The OECD and IMF have reported recently that global economic momentum has faltered and is likely to remain slow. Inhibiting factors include trade tensions, corporate and government debt, disruptive technologies and more. Corporate leaders are well aware of the trend. As one Harvard Business Review article puts it, “Many C-suite executives are already anticipating recession in the next few years and quietly gearing up for it.”