Is there a straightforward answer to international expansion?
Irrespective of where in the world you want to open that next office, adherence to a tried and tested roadmap to guide you through the underlying requirements will be essential. This generic map is subsequently anchored by local laws, tailoring your solution to ensure ongoing compliance.
Sadly, for many investor-backed corporates, there is a prevailing sense of reluctance to plan beforehand when dropping teams into countries. Instead choosing to leave that compliance to a later stage. This can prove to be both dangerous and costly. When the business is successful and heading for an exit, it is often too late to correct past errors, leading to draconian warranties and indemnities impacting upon the deal price. Ironically, the overseas elements may be only a minor part of the whole operation and yet make up a disproportionate part of your liabilities.