⦁ Systems Setup (Accounting, etc.): Establish and optimize tailored accounting systems to ensure seamless financial tracking and reporting across multiple regions and currencies.
⦁ Vendor Setup and Bill Pay: Efficiently manage vendor relationships and ensure timely payments to maintain strong supplier partnerships while adhering to local regulations.
⦁ Invoicing and AR Collections: Streamline invoicing processes and accelerate accounts receivable collections, ensuring smooth cash flow management across international markets.
⦁ Accounting and Monthly GAAP Close: Ensure accurate and compliant financial reporting with monthly GAAP-compliant closings, enabling real-time insights into your international business performance.
⦁ FP&A/CFO Support: Provide expert financial planning and analysis, fundraising preparation, and due diligence support to help you make informed decisions and attract global investors.
⦁ Intercompany Consolidation: Manage the consolidation of financials across multiple subsidiaries, ensuring accurate and compliant reporting for your global operations.
⦁ Contractor Filings (1099s): Handle contractor filing and compliance, ensuring proper tax reporting and adherence to local laws across different jurisdictions.
⦁ International Subsidiary Monthly Accounting: Provide specialized monthly accounting services for international subsidiaries, ensuring timely financial reporting and local tax compliance when required.
⦁ EIN Registration: Assistance obtaining an EIN, ensuring the business is properly registered for federal tax purposes and ready to operate across the U.S. with the correct legal documentation.
⦁ Delaware Franchise Tax: Management of DE franchise tax filings, keeping the business compliant with Delaware’s regulations by timely submitting the necessary annual taxes and fees for corporations.
⦁ Income Tax (Federal and State): Handling of both federal and state income tax compliance, with accurate filings that help minimize tax liabilities while adhering to U.S. tax requirements.
⦁ Foreign Disclosures: Guidance on completing IRS forms 5471 (foreign corporations) and 5472 (related-party transactions), maintaining compliance with U.S. regulations regarding foreign operations and avoiding potential penalties.
⦁ Foreign Bank Account Reporting: Support with filing reports on foreign bank accounts and financial interests under FBAR regulations, mitigating the risk of penalties for non-compliance with U.S. Treasury Department rules.
⦁ Sales and Use Tax: Management of state and local sales tax obligations, including registrations, monthly or quarterly filings, and conducting nexus studies to assess tax liabilities across jurisdictions.
⦁ Transfer Pricing Memo: Preparation of transfer pricing documentation for intercompany transactions, aligning with international tax standards to reduce audit risks and avoid costly adjustments by tax authorities.
⦁ Local/City Tax Filing: Handling of local and city tax filings, making sure the business complies with municipal tax requirements, such as business licenses and local income taxes.
⦁ Payroll Setup: Establish payroll systems tailored to international business needs, ensuring compliance with local tax laws, labor regulations, and currency requirements across various regions.
⦁ Payroll Processing: Manage end-to-end payroll processing, providing timely and accurate payments for global employees, while handling local tax withholdings, deductions, and benefits in each jurisdiction.
⦁ Employee Onboarding/Offboarding: Oversee the full employee lifecycle, from seamless onboarding experiences to managing legal requirements and documentation for international hires and separations, ensuring compliance in every location.
⦁ Employee Health Benefits: Administer employee health benefits across multiple countries, designing programs that meet local regulations and provide comprehensive healthcare support, while helping to attract and retain top talent globally.
⦁ Benefits Administration: Manage the administration of employee benefits, ensuring your team receives the support they need. Our experts help you design benefits programs that attract and retain top talent.
⦁ Recruiting: Assistance attracting, onboarding, retaining, and rewarding your top talent while building the KPIs you need most.
⦁ HR Compliance and Strategy: Conduct thorough audits, implement best practices, and provide ongoing monitoring to protect your business from costly fines and legal issues.