When you are unable to go outside your geographical area and customers are from your neighborhood who keep on offering you a steeper price for your services, that is the time when you should initiate the plans for expansion.
Did you know ?
If you expand or incorporate your business in any European Country, your business gets an opportunity to trade in 28 different countries across the continent.
With stagnation comes rigidity and a reputation that portrays your business with mundane characteristics. Expanding into new geographies is like adding stars and giving your existing business a fresh look everytime you incorporate a new venture.
Did you know?
When you incorporate a business in Poland, while drafting the nature of your business you get to choose various activities under one business title and get an opportunity to explore different domains.
It is a global practice to have more revenue in your book of accounting or save yourself from paying a good lump sum to your local government as taxes. Expanding your business helps you with the benefits of international taxation and government grants offered by global economies.
Did you know?
An Irish business pays a corporate income tax of 12.5% whereas Poland functions on corporate income tax of 19%. And as an EU incorporated firm, a business saves VAT on inter country trade.
Expanding and trading outside your geographical region comes with numerous financial benefits. One of these benefits is the facility of Merchant Banking and Trading which allows the business to develop a client base across the globe and collect payments from them in any denomination.
Did you know?
A Dutch incorporated business can open its Merchant Trading Bank remotely which means that your physical presence is not compulsory.
1. EXPLORE :- Being a multinational market entry consultant, the inhouse country specialists allows an entrepreneur to become theoretically sound about his international venture.
2. ENTER :- Once the dynamics have been explored and a business is ready to enter the new area, the corporate lawyers from ODINT CONSULTING help you with due diligence, legal compliances and incorporation documents. We make sure that we take care of all the checklists and help you skip the complication of paperworks.
3. MANAGE :- All the factors and points discussed above need to be taken care of and should be handled efficiently. ODINT CONSULTING is your ultimate one stop solution for all the business requirements as we draft your documentation, take care of your business and summarize your books of accounting under one roof.
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