After establishing an international joint venture in the flash memory market, two large semiconductor companies (located in South Korea and the US) needed support with transitioning their key assets and employees to the newly created business entity. Faced with a very short timeline, the two companies turned to Global Upside to transition the employees and establish the required legal entities to ensure seamless operations on day one.
Read this case study to learn about how Global Upside:
- Supported two large global companies during an international joint venture
- Completed legal entity setup and transitioned 40+ employees across six countries (China, Germany, Hong Kong, Japan, UK and USA) within in just 60 days
- Set up accounting systems and assume responsibility for the Order-to-Cash cycle
- Stood up payroll and benefits for transferred employees