Depending on your business sector and geographical target market, the decision to establish an office overseas can be either a long-term ambition or an immediate imperative. Whilst there can be no doubt, when done well, an overseas office can help you increase sales and boost your bottom-line, it is not a decision to be taken lightly. Several challenges present themselves that you will not have faced before, not least being deciding of the ‘nature’ of overseas office (i.e. branch or subsidiary), cultural differences, staff working across different time zones, and perhaps most important, local regulation and tax legislation.
Global Trade Department has now assisted tens of UK SMEs to establish an overseas office, be they separate legal entities or extensions of their UK operation. Our team of finance, HR, and operation specialists can assist with a with a wealth of requirements e.g. advising on and helping to determine company structure, establishing accounting and tax/VAT reporting systems, supporting UK and local staff, even negotiating leases and contracts for office space and warehousing.
If an overseas office is key to your expansion plans, and you would benefit from practical advice or support in making it a reality, get in touch to learn how we can help.
The EU applies the most stringent regulation globally to product safety. Other markets typically align themselves with that regulation or develop their own derivatives.
GTD helps companies determine the correct regulation for their products and services and ensures they can comply.
There can be no doubt that climate awareness and pressure is mounting, at least amongst developed nations; the Paris Agreement and recent COP summits have served to raise the topic amongst environmentally conscious businesses and consumers.
GTD helps companies understand how to navigate and comply with the plethora of EU and global sustainability regulation.
GTD is increasingly removing the EPR burden from small businesses by determining whether their goods and packaging are with in scope and then undertaking all of the registration and reporting requirements on their behalf.
Depending on your business sector and geographical target market, the decision to establish an office overseas can be either a long-term ambition or an immediate imperative. Global Trade Department and its in-market associates guide companies navigate the challenges associated with establishing an overseas presence e.g. form of legal entity, local regulation, tax legislation, premises, staff, and more.
Obtain an impartial, outside-in assessment of your current global trading processes and practices, with practical recommendations of how you can incorporate sustainability values and targets to meet future regulatory requirements and drive long-term growth.
Great Britain: Global Trade Department Ltd, Kingston House, Great Western Way, Swindon, Wilshire, SN5 8UB, Great Britain.
Global Trade Department Ltd is a company registered in England and Wales, Company no: 07000152. VAT no: GB994 7629 49
EU/Northern Ireland: Global Trade Department (NI) Ltd, Office 834, 92 Castle Street, Belfast, BT1 1HE, Northern Ireland.
Global Trade Department (NI) Ltd is a company registered in Northern Ireland, Company no: NI724330
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