Incorporation & Registration
Open your Business Abroad
We truly enjoy helping our clients achieve their ambitions for International Expansion
The first step in the process for International Expansion is to form a company via an incorporation in a new market or jurisdiction. Each jurisdiction has its own legal framework to rule and govern businesses activities and at H&CO we have specialists to help navigate the complexities no matter what the country.
Entering a new market isn’t done once you’ve incorporated. To help our clients be able to fully operate we also assist with all necessary registrations like registering to be an employer or for tax identification numbers.
H&CO’s experts are here to help make sure you are able to achieve your business objectives. It is important to notice that an entity formation process widely varies from country to country. It could take less than 24 hours up to many months depending where one has chosen to incorporate an entity. Also, the intial documentation package to start a business may vary from jurisdiction to jurisdiction, but rest assured our experts are here to guide you.
Why H&CO Global Expansion
H&CO empowers people and organizations to achieve their goals through top-tier international professional services. With a network spanning 30 countries and expertise in over a 100, we drive global expansion. Our local knowledge, advanced technology, and strong partnerships ensure clients' smooth and timely success in new markets.
H&CO is dedicated to providing first-class support for global ambitions.
Table of Contents
Corporate Secretarial Services
We help you mantain legal compliance and ethical integrity, which is a critical matter for effective corporate governance.
Corporate Secretarial services are the backbone that maintain a legal entity in compliance with local rules and also handles all administrative tasks. At H&CO we provide the comfort that when operating abroad your entities will remain compliant by following the legal and compliance standards in each jurisdiction.
Corporate Secretarial services typically include managing corporate records, facilitating board and shareholder meetings, maintaining regulatory filings, and overseeing the implementation of corporate policies.
H&CO’s Corporate Secretarial Services help businesses navigate complex regulatory systems and maintain their legal standing in one or more jurisdictions. They play a key role by keeping the company in line with local demands in various countries allowing it to operate and achieve it’s objectives.
Banking
Banking internationally is a vital part of global operations, but when entering a new country setting up bank accounts can be one of the more daunting tasks. At H&CO we help our clients ensure they are opening a bank account with the correct financial institution which expertise on global banking will avoid future problems from paying out employees salaries, local providers and suppliers or sending profits to the headquarter.
Registered Agent
At H&CO we provide Registered Agent Services allowing us to receive legal documents and correspondence on behalf of our clients. This gives H&CO clients the comfort in knowing we are there to recieve and store legal documents like tax forms, lawsuits, and government notices and also notify members and managers about any correspondece received under the name of their company.
We act as the point of contact of the entity with the state/country and ensure legal compliance and protect the privacy of its members.
Registered Office
Often when operating abroad a company doesn’t want to use their own address for official correspondence or doesn’t have a physical location. H&CO can provide an official address of an incorporated company. A registered physical office address is required for incorporated organizations to receive official correspondence and formal notices from government departments, investors, banks, shareholders, and the public.
Generally, the registered office address does not have to be where the organization conducts its actual business or trade which provides flexibility to company choose their domicile.
Regulatory Filings
Entity Management is at the core of what H&CO does by overseeing and administering the entities of our clients around the world. When expanding and operating abroad, managing entities can be complex due to the need of staying in compliant with different regulatory frameworks.
By utilizing H&CO’s local expertise the complexity of global entity management is simplified. We’ll keep your company in a good standing by accurately meeting and filling all necessary procedures such as corporate governance, statutory filings and compliance-related reporting. This will help you to avoid heavy penalties and even potentially have your business shut down by local authorities.
Operational Setup Services
Incorporation is only the first step for an entity to become operationally ready. H&CO puts together a plan with our clients to understand their objectives and align them with the true local requirements to develop a reliable timeline so that they can plan accordingly.
Typically a business that plans on employing people and/or generating revenue needs to be prepared to make additional registrations or extra steps to become operationally ready to operate, these vary by location and a companies requirements but typically include:
- Bank Account opening
- Putting in place a local Legal Rep, Power of Attorney, and/or Director
- Registrations including to be an employer, tax/vat and other areas depending on countries
- Determining and putting in place employee benefits
- Licenses needed to operate
- Finding office space (if needed)
- Having a solution for ongoing operations like Payroll, accounting and tax, and entity management to keep your business operating
Employer of Record (EOR)
For many companies testing a market for growth or looking for back office support means hiring employees. Alternatively, you may have just found that the best talent sits in a country where you don’t have a setup. H&CO’s Employer of Record (EOR) services are here to help you enter a country quickly and compliantly putting together a seemless plan for you to recruit and hire your first employees.
We handle the details of setting up and operating local employment regulations, payroll, benefits, and compliance while you focus on your business objectives. In addition if and when you are ready for an entity we can seemlessly help you transition.
Global Guidance & Consulting
International Expansion is often a key strategy for growth objectives of a company whether that be to enter into new markets, access talent, a result of M&A, or to follow a key client. H&CO’s team of experts in International Business and Expansion are here to support no matter if you are at the stage of knowing which country you want to enter or still determining your global plans.
H&CO can assist with evaluating market entry choices and strategies, mobility, structuring and choices of entities, Global tax consulting, process setup and implementation and compliance consulting and much more.
If you need guidance operating outside your home country contact our team for the expertise you’ve been looking for.
Transfer Pricing
Transfer pricing is a key area of compliance for multinational companies (MNE) that operate in different countries. They need to demonstrate that their business model and their transfer pricing policies are consistent across jurisdictions. Tax authorities around the world are scrutinizing cross-border transactions more closely, so MNE needs to plan, structure, implement, document, comply and defend their transfer pricing position well. H&CO offers the services to help MNE manage their transfer pricing needs effectively.
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Income tax planning
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High Net Worth Individual Accounting Services
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Income Tax Preparation Services
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International Tax Planning and International Tax Preparation
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Estate Tax Planning and Compliance
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Gift Tax Planning and Compliance
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Charitable Tax Planning and Compliance
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Family Office Tax Services
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Real Estate Tax Planning and Real Estate Tax Preparation
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IRS Tax Audit Representation Services
We're the complete tax service solution
Our Individual Tax Services:
We offer comprehensive taxation services that go beyond basic tax preparation and filing your taxes online. Our experienced tax professionals provide full service and comprehensive services from income planning, tax preparation, to IRS representation, and ensure the accuracy of your federal and state income tax returns. Trust H&CO for reliable and guaranteed tax assistance.
Common Tax Questions
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What should I consider when expanding globally?
There is a lot to consider, but H&CO is here to make what can seem complex very simple.
The key consideration is aligning your business goals with the markets you are looking to enter and a strategic plan in place that helps you achieve those goals. Once you’ve chosen your route to global expansion you should consider ensuring you are operating effectively and compliantly in those markets so you achieve your goals.
Are you looking for international growth? Our team can help you determine the best markets to enter to grow your business
Are you looking for to save costs by outsourcing to another country? Our team has the expertise to help here.
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What country should I choose to expand into?
When expanding globally it is important to consider the main reasons for your expansion and then determining which market and country will help you best to achieve your goals. For example If your expanding to grow your revenue then a market analysis can be done to see where you’d have the most success selling your goods or services.
Alternatively if you are looking to lower costs there are key markets for this as well dependant on your needs as well as areas like language skills and cultural fits when looking at staff.
Get in touch with our team to help walk you through the best countries for your business to expand.
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What is the cost of expanding my business globally?
Costs for expanding globally can vary greatly between countries, strategies and the size of the business growth. Contact our team and we can quickly provide you detailed costs based on your business needs.
If you are looking to hire one employee in one country the costs may be significantly less than in your home country. However if you are looking to enter into multiple countries you need to not only consider the cost of your local providers in each country but also for your central team to manage what could be many providers.
H&CO can streamline all of this for you so that you have one key provider allowing you to control your cost structure when operating globally.
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How much time would it take me to establish an entity in a new country?
The time to establish in a new country can vary from days to months depending on the country. In addition when you are setting up to operate and employee people in a new country it’s important to not just consider the time of incorporating but also how long it takes to register with local authorities and set up bank accounts.
Our team of experts can provide you with exact timings and plans to get you up and operating quickly no matter the country.
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What are the operational risks of expanding globally?
Global Expansion is a great opportunity but ensuring that your operations are run correctly outside your home country is the major risk to consider in order to maximize your investment.
Non compliance with local regulations or not meeting payroll for your employees can mean that your global expansion goals suffer (or fail completely), but they will also take up significant time from your management teams back at headquarters.
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Is it better to use a local or global provider when expanding internationally?
This is a major question companies face. Often local providers can seem more cost effective but in order to maximize that cost effectiveness you must have internal teams that can manage multiple local providers and be able to speak their language to ensure a smooth and compliant operation. Also, it is key any local provider understands international companies as the management of operations for these companies is different.
Global providers, llike H&CO, can give you one firm to manage all your global compliance and when like H&CO they also have expertise on the ground you get the best local knowledge combined with global effeciencies.
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How can I manage a global workforce?
Managing a workforce across multiple countries can be a challenge. By utlizing a global provider, like H&CO, who has local expertise in HR, Payroll, and EOR services you can ensure you have a solution that keeps your employees paid on time and compliant while your Group HR team has their knowledge suplemented by global experts. -
What is EOR?
EOR stands for Employer of Record and is when a third party organization employes a person (or multiple people) on behalf of another organization. This is often used internationally as a way to employ staff when the company wishing to hire an employee doesn’t have a local entity. The service normally includes directly employing the person to a local entity and handling payroll, taxes, benefits, and compliance.
Need personalized consultation for global expansion services?
We have extensive experience in creating tailored strategies and structures to meet your unique business needs worldwide.