global mobility for startups

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Global strategy for startups Positioning your domestic startup to take advantage of the benefits of a cross-border structure

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Page 1: Global mobility for startups

Global strategy for startups

Positioning your domestic startup to take advantage of the benefits of a cross-border structure

Page 2: Global mobility for startups

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Startups gain a competitive advantage from a global strategy that maximizes profits, reduces taxes, and reaches international markets. Establishing your cross-border structure is easier than you think.

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You know that your startup needs a global strategy. You are aware of the positive effects that a cross-border approach will have on your talent, profits, tax burden, and market growth.

Global growth requires global know-how. With the benefits of a global presence in mind, a cross-border business still seems a little confusing. You will have to comply with rules, regulations, and laws abroad and at home.

To do this you will need a general understanding of the international legal situation. At base, you’ll need to know your responsibilities under local corporate, employment, tax, and immigration laws.

To establish compliance abroad, you will then need to direct and manage your local legal advisors in a foreign jurisdiction.

Who has time to learn and manage foreign laws? The problem is that you are too busy to learn these legal subjects and manage lawyers who are proficient in these subject areas in another time zone. You might not have any in-

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house employees who have the time and knowledge to address these needs.

Your global strategy is essential. Nonetheless, you need an international presence to remain competitive. Competitors big and small are likely taking advantage of foreign talent, cost savings, tax advantages, and growing markets in other countries. Your competition’s customers and investors know that a global approach is essential to long-term success.

Your competitors have gotten the help they need to operate abroad, either by hiring in-house employees or seeking outside counsel.

You may need outside help to grow your global business. You realize that legal advice is expensive. You want to make sure that any investment you make in legal advice will pay off in increased monetization and profits for your startup.

Total Mobility Law can help your business get the benefits of an international presence. Our service offerings and fee structures deliver the help that your startup needs to compete in the global economy.

Page 3: Global mobility for startups

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Total Mobility Law delivers global strategy to startups through careful analysis, action plans, and ongoing management of cross-border needs. We deliver while you stay focused.

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We offer a different legal kind advice for your startup, which includes analysis, implementation, and management of a global strategy tailored to your startup’s needs. None of our work is based on billable hours; all of our work is focused towards your startup’s global growth.

Our services begin by assessing your global legal needs with a complimentary analysis, which essentially examines the costs and benefits of an international structure. We then establish a concrete course of action that aligns with your needs. After implementing your strategy, we provide ongoing support to ensure ongoing compliance.

Legal analysis to reach global goals. Legal analysis begins with careful research that identifies the issues your business will face in specific countries. We point out pros and cons, informing your options as a global company.

In general, Total Mobility Law focuses on the issues that arise in four primary legal areas: corporate, employment/labor, tax, and immigration laws in the target countries. We coordinate your strategy with attention to these areas of law to provide a smooth entry into foreign markets. Depending on the countries involved, these legal issues will reveal opportunities for your business’s growth abroad.

After independent research reveals your options, we verify this research with local counsel to clarify local rules and practice that will affect your global strategy. Local counsel provides insight on detail, nuance, and context in the local jurisdiction.

Upon verification, we coordinate with you and key employees to fully inform your company of how to move forward with your cross-border strategy.

Page 4: Global mobility for startups

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An action plan for global expansion. After discussing and reviewing global strategy with key employees at your startup, Talent Mobility Law helps by developing a global action plan for your startup. This is a legal roadmap that focuses on getting the most out of your future international business efforts.

In this action plan we set clear goals. We dedicate our focus to pursue and achieve those goals.

We identify the most efficient route to global compliance, providing cost options and comparing various service providers in your target jurisdiction. Finding local advisors is a key part of the action plan: various local advisors will combine efforts to provide comprehensive service.

These local service providers’ efforts will be instrumental in establishing a foreign presence. As such, the action plan will identify various options to implement your global strategy. Knowing the costs and issues of implementing a global strategy will further inform your business decisions.

Looking forward, you will also need to understand the ongoing compliance costs of maintaining a cross-border structure. We will help your startup establish the services you need to make sure that your business is running smoothly from the initial setup.

Ongoing management after setup. When your business is up and running in a new country, we stick around to monitor and manage situations in the target country.

This ongoing approach creates accountability for the current global structure, while providing for flexibility as your needs—and the local environment—change. This ongoing cooperation largely focuses on legal and accounting needs.

On the legal side, we help you remain compliant with periodic reviews of your startup’s activities in the new country. We work with local counsel to review employment practices, immigration status, corporate compliance, and tax compliance. These annual reviews give you the peace of mind that your business is safely operating in its new home.

When it comes to tax law compliance, your business will need ongoing support on the accounting side. We manage the experienced local accounting firm that will make all filings related to income tax, payroll withholdings, and other corporate filings.

While most of these efforts work on autopilot apart from your business activities, we follow up with local service providers to make sure that they are providing your startup the level of service that your company needs to maintain successful operations in another country.

In all, Total Mobility Law works hand-in-hand with your startup to deliver the specific legal advice and related

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legal services that you need to consider, establish, and maintain a successful presence in a new country. All this help comes at a price that you can afford because of a pricing structure that makes sense.

Our fixed fees remove the fear of runaway international legal costs. We offer innovative pricing structures for startups that are entering the international legal arena. A fixed fee approach makes it easier for you to see the returns on your investment in cross-border legal advice.

After providing an initial complimentary analysis, you can determine whether a cross-border approach is worth the investment. In most situations, the costs of setup are well worth the opportunity for the extra profits that the global strategy offers.

We will then engage in a fixed fee agreement, where we agree to work for a set price to complete the work that is necessary to implement the plan. We are always available to discuss the process with you.

We will never charge you for discussing your global strategy. We will never charge you for sending an email. We aggressively negotiate fees with local counsel.

This fixed fee approach removes the fear of unexpected legal fees from Total Mobility Law, consulting with you constantly on progress towards implementation.

When we finish the implementation stage, we continue to support your business abroad. You can contact us any time at no cost, while we keep an eye on your business’s success abroad.

Total Mobility Law gives your startup global access through global strategy. We plan, implement, and monitor your strategy and deliver this service for predictable and accountable fixed fees.

“Finding local advisors is a key part of the action

plan: various local advisors will combine

efforts to provide comprehensive service.”

- Total Mobility Law

Page 5: Global mobility for startups

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Corporate law is often the starting point for most businesses operating abroad. You may need a local corporate presence to do business, hire employees, or sponsor work visas for non-national employees. After come analysis, choosing and setting up a business is often a straightforward process that a local advisor can help you with at limited cost and efforts.

Tax law is an immediate result of having a business in a given country, especially if that business is making profits, engaging with customers and vendors, or paying employees in the given country. While tax law is often complicated and requires regular attention to filings and changes in the laws, different tax rates among countries can offer tax advantages.

Employment law is an important issue for foreign employers of local workers. While the general framework of employment law is similar among different countries, the specific differences in local labor laws can have remarkable effects on employers. Your business needs to know that it is compliant with local labor laws and regulations. To succeed, you need local advice.

Immigration law comes into play when your business presence abroad hires or relies on employees who work in the target country. If anyone will work with the business on site in country who is not a citizen or legal resident of the country, you will need to assess the implications of local immigration rules on those non-national employees.

Comprehensive service is necessary if your startup plans to comply with these specialized areas of foreign law. The interplay of these areas of law is constant: each subject of law affects each other, requiring careful analysis for the decisions that you will make regarding your global strategy. A global strategy is within reach with comprehensive service.

While you are busy taking care of your domestic business needs, Total Mobility Law will handle all of your cross-border legal needs. We will find the most efficient cross-border structure and manage the process to expand business internationally.

Page 6: Global mobility for startups

Get in touch Make an appointment to learn more about how Total Mobility Law can help your startup. We will discuss your startup’s goals and how to meet your needs.

Total Mobility Law [email protected] +1 (425) 351 - 9455

talentmobilitylaw.com