Our editor summarizes five things you should know about international expansion and operations, all from Vistra blog posts published last year.
Vistra’s Pete Doyle has helped companies expand into the UK for nearly three decades. In this interview, he talks about evolving corporate expansion strategies, the top risks of operating in the UK, why complying with VAT requirements has an outsized importance for multinationals, and more.
Brazil endured a difficult recession a few years ago and continues to experience headwinds. But it remains the eighth-largest economy in the world and an appealing destination market for multinationals. Marcelo Borgheti, Vistra’s Brazil Managing Director, has helped companies expand into and operate in Brazil for more than 30 years. He explains how and why Brazil’s economic landscape is changing and why multinationals still want get in on this huge, emerging market.
Much of our economic news lately has been dominated by the trade war between the U.S. and China, including escalating tariffs on both sides. However, the trade deficit is simply a measure of the difference of the value of imports between the two countries. There is another important measure that also sheds light on the balance of economic power between the U.S. and China. That measure also speaks powerfully to how U.S. companies operate and where they make their money. Most commentators, however, never mention it.
Poland has experienced a remarkable economic boom in recent years and in September was promoted to Developed market status by FTSE Russell. Vistra’s Kenny Morgan explains why Poland is such a hot expansion target for multinationals and explores some of the opportunities and challenges it presents.
In this week's Global Glance, we look at the lasting effects of Japan’s 2011 tsunami, Starbucks’ expansion into sub-Saharan Africa, and a great Instagram account from a Turkish photographer.
It is particularly challenging to open a bank account in many Latin American countries, given anti-money-laundering and other regulations put in place to combat drug trafficking and terrorism. Brazil is a case in point. The time it takes to set up a bank account in Brazil can vary greatly, depending on the bank involved and other factors.
Exporting goods can have many potential benefits as part of a comprehensive international expansion strategy. But what are the risks associated with exporting?
Singapore is a magnet for multinational corporations and is currently ranked number one in the world in ease of doing business. Foreign companies are attracted by Singapore’s low tax rates, comprehensible laws, skilled workforce, reasonable employment regulations and high standard of living.
Each Monday morning, we provide brief summaries of interesting and informative international stories from around the web.
Depending on how you look at it, temporary assignments to China just got a whole lot more complicated or significantly more clear with the announcement late last year of newly clarified visa requirements for some short-term workers.
The decision to embark on an international expansion can be both exciting and frightening: seemingly endless growth opportunities exist, but there can be significant risks involved. The checklist for setting up international operations is lengthy and varies country to country. And what’s worse, one missed detail could mean serious negative consequences for your business, in the form of fines and frustrated employees.