Martijn Tel of SiriusDecisions tells us why companies can make international expansion as hard or as easy as they want.
In a recent post, we addressed the subject of what to ask before winding down a legal entity abroad. Here we look at what to expect after you’ve decided to move forward with dissolving an entity, and we explore some real-life examples.
There are real benefits to regularly reviewing an organization’s structure to uncover possible efficiencies, some of which might be brought on by dissolving certain legal entities. This post lists some important questions to ask when deciding whether to wind down an entity abroad.
Closing an overseas entity is difficult on many levels.
Closing an overseas entity is difficult on many levels. Making a graceful exit while protecting your company’s reputation, minimizing financial losses, complying with in-country regulations and ending your local relationships in a professional manner are just some of the challenges business face winding down overseas operations.
Since international business ventures don’t always go as planned, a business considering global expansion should understand the costs and time associated with winding down host-country operations in the event that corporate strategy changes.