Legal and Financial
There are many legal and financial considerations that need to be considered before establishing you business presence in America. Transatlantic Consulting Services can aid you in determining the appropriate business structure for your organization, the tax and legal ramifications of each option, translate, and interpret American documents and agreements on your behalf.
A few of our legal and financial services include:
- Determine the most advantageous business and legal structure for your organization such as C corporations, S corporation status, LLC, Limited Partnerships, etc.
- Identify and explain how each structure will impact your legal liability and tax structure.
- Identify and explain the impact of the legal structure on the parent company. (It is important to protect the German parent company as much as possible against any claims from the US.)
- Aid in filing all necessary applications and paperwork necessary to establish your new legal entity.
- Introduce you to various legal and financial professionals specific to your needs and help you form relationships with domestic industry insiders.
- Review American contracts and agreements including property, equipment lease and purchase, employment agreements and other legal documents.
- Aid you in establishing credit and financial relationships with local and national financial institutions and organizations.
Marketing
Marketing to American business is a completely unique and often confusing aspect of business to European businesses. Transatlantic Consulting Services aides you in determining the best geographic location of your physical business. We will help you understand the specific needs of your potential US customers and how to introduce your solutions of help.
Marketing services include:
- Discover, evaluate, and provide information on your industry market size and demographics.
- Aid you in determining the most advantageous geographic location for your specific business.
- Provide you with information on your competition, services, and pricing.
- Develop tools to highlight the special features of your product or service as seen from an American perspective.
- Connect you and your personnel with local producers of marketing collateral and advertising mediums.
- Assist you in your affiliation with American associations specific to your industry.
- Determine exhibitions and industry shows beneficial to your marketing strategy.
- Aid you in creating a presence at exhibitions and shows.
German / American Relations
Understanding the variations in view from one culture the next is the key element in the success of your business in America. What may seem trivial to you may be of the utmost concern to an American associate. Often an issue that may be of paramount importance to a German company is simply of little or no importance to the Americans. Too often German and European organizations underestimate the differences in the view and mentality of American businesses. This is THE MOST crucial component of the Transatlantic Consulting Services role in helping to determine the potential success or failure of your business in America. Providing you with not only the translation of language and documents, but also the translation of perspective and ideals.
Office Set Up
Even something as simple as opening an office is much easier when aided by a firm who has experienced it first hand as well as helped many others through the often confusing process. Transatlantic Consulting Services will help you with location, staffing, utilities, and much more to ease the workload during your initial move to America.
We can aid you with:
- Locating the most advantageous office / facilities for your business / industry.
- Provide you with current market conditions relative to the lease or purchase of property and equipment.
- Review and provide feedback on office / facilities lease or purchase agreements.
- Introduce you to various professionals and firms you may need to operate your new office
such as:
- Realtors
- Property managers
- Facilities managers and maintenance
- Janitorial services
- Office equipment suppliers
- Temporary staffing agencies
- Utilities suppliers
- Information Technology equipment providers and services
- Furniture leasing and purchase facilities
- Insurance professionals
- Automobile leasing / sales professionals
- Telephone, credit cards, housing for German staff
- Much more
- Connect all of the various components necessary to establish your physical presence in America.
Corporate Partners
One important aspect of business in America that is often overlooked is the option of establishing a cooperation or merge into a joint venture with a US company. This offers many legal, financial, and tax advantages for the German firm. Transatlantic Consulting Services can offer you alternatives to establishing a new entity to operate in America. This information may prove invaluable to a manufacturer who can minimize his American component, yet reap the rewards of competing in the American market.
Personnel
Another key component to your success in America is finding the right personnel. The laws and rules of employment in the US are totally different from German regulations. Transatlantic Consulting Services can provide you with the proper conduit for hiring highly trained personnel for your business. From executives, to sales representatives, to office staff, to temporary employees and subcontractors, Transatlantic Consulting Services has the network to connect you with the staff you will need to succeed.
Immigration
Having the right work permits, visas, and documentation is extremely important than ever. An improper or misfiled documentation can bring your US operations to a halt. Transatlantic Consulting Services will help you understand the various immigration statuses and will aid you in filing the proper paperwork, and in some cases introduce you to professionals and firms who specialize in unusual immigration issues.
Administration
Although your domestic operations may be exceptionally well organized and efficient, there are far too many issues concerning your expansion for this process to be taken lightly. The oversight of all components necessary for you to enter the American market can be easily and effectively administered by your American consulting partner, giving you the time and resources to operate your core business and establish long term relationships with clients, suppliers, and vendors.