If you’re a business based outside the U.S. and looking to expand into that market, you’ll need to incorporate your business in a particular U.S. state. Delaware is one of the most desirable U.S. locations for both foreign and domestic businesses to incorporate. This post provides some details about the state’s advantages, and explains why your business needs to consider incorporating in Delaware without assuming it’s the best option.
Establishing and maintaining a foreign office can be an excellent idea, and for many businesses it’s a necessity in today’s global economy. But to make foreign operations successful, you need to develop a thorough plan that accounts for a host of considerations that may not apply to your domestic operations. Not surprisingly, many of these considerations relate to local laws. This post will outline of some of the legal matters you need to consider when setting up and maintaining overseas operations.
US companies are expanding into international markets at unprecedented rates. Whether through acquisition, organic growth, or a combination of both, companies are attempting to capitalize on market opportunities as quickly as possible. This desire for speed, however, can translate into overly aggressive large-scale expansion efforts that lack proper planning and ignore pertinent business risks and financial and administrative burdens. Over time, companies may become saddled with complex organizational structures that are inefficient, ineffective and costly to maintain. These needlessly complex legal entity structures can drain a company of much-needed cash, reduce profitability and introduce unnecessary risks.
In this week's Global Glance, we look at a daily fantasy sports leader expanding globally, Donald Trump and Bernie Sanders on corporate inversions, and Istanbul’s alley cats.
While it’s true that international expansion will likely present you with a host of costs, demands on resources and other challenges you’ve never encountered before, so many businesses are expanding globally for one obvious reason: The benefits of the expansion far outweigh the costs.
It’s never been easier to set up shop in a new country, and enterprises are eagerly pursuing revenue in overseas markets. Our job at Radius is to deal with the wrinkles in the international expansion process so that our clients can take their business plans and run with them.
Your firm doesn’t have to be sending people to work on deep-water oil rigs or in terrorist hot-spots to expose itself to legal and ethical risks when expanding overseas. In fact, you're more likely to find yourself dealing with more mundane threats, like food poisoning. Events like these serve as the most potent reminders of an international business’s duty of care to the employees it sends overseas.
In our first VC Insights post we looked at the timing of international expansion: When should a start-up move into foreign markets?
That leads us to another question: Once it’s time to expand, how exactly should you go about it?
For American and European retailers in a still-struggling economy, the imperative to grow can be as hard to fulfill as it is hard to ignore. Cash-strapped shoppers are still not opening their wallets, as evidenced by the drop in U.S. retail sales last year. As a result, more and more retailers of all shapes and sizes are going abroad to sustain their growth. And it’s a wide-open playing field.
The biggest social media event is coming to the most social media-mad country, making Brazil an indispensable proving ground for international brands.
by Dafydd Williams, Senior Director Advisory Services APAC
Our recent webinar Gateway to Asia: Getting Started in Hong Kong and Singapore encouraged a lot of discussion. There were several interesting questions from attendees for HSP's Asia experts; here are some of the highlights, and answers.