Setting Up a Legal Entity - Top 10 Things to Know

A legal entity is a branch or subsidiary office set up in a foreign country by a company looking to expand their business in that country. Whether to expand brand recognition, open new market access, or take advantage of lower-cost production, a legal entity is needed to offer a business the opportunity to expand and grow revenue. Before setting up a legal entity, below are the top ten things you need to know.

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  • Global Expertise
  • Cost
  • Time
  • Permanent Establishment
  • Banking
  • Time Tracking & Payroll
  • Human Resources
  • Accounting & Tax Laws
  • Culture
  • Country Laws
Top ten things you need to know before setting up a legal entity overseas