Ten Key Issues When Expanding to the U.S.
Companies expanding their operations into the United States often find the differences in doing business go beyond cultural. The most common business issues you'll find include:
- Employee benefits are different
- You may not need to pay Social Security taxes on individuals transferred to the United States
- Credit may be hard to get
- Deposits are needed for utilities, rent, etc.
- Employment contracts are not common
- Employment laws are different
- Foreign language skills are not as prevalent
- Federal identification numbers are important
- Holidays are not the same
- Income taxes are computed on worldwide income
Clayton & McKervey can help guide your global expansion into the United States. For more information on these topics or other questions about expanding your international business, call us today at 248.208.8860.
