Doing Business Outside of the U.S.

In today’s international economy, many businesses are taking advantage of the growing opportunities in other countries. Technology has become so advanced that most major corporations are now routing their customer support and technical support to call centers in India. India has state-of-the-art contact centers, high availability of infrastructure resources, and liberal government policies on call centers. Historically, China has been a favored source for inexpensive manufacturing outside of the US. Countries like India and Vietnam have recently emerged as growing competitors in the international manufacturing industry. An increasing number of American companies assemble all or part of their goods abroad. Despite increasing shipping costs due to rising gas prices; it is still more cost effective for many American companies to outsource certain goods and services outside of the U.S. If you are considering conducting business outside of the U.S., it is important to seek the advice of an experienced accountant who has international business connections. You will need help understanding foreign business regulations and establishing a network of foreign business connections. As a member of PKF International, Goldstein Lewin & Co. maintains close relationships with a global network of accountants and business consultants in 120 different countries. Through our PKF International affiliates, Goldstein Lewin & Co. can help you: find manufacturing and distribution outlets outside of the U.S.; advise you on government regulations and tax laws in other countries; help you find business assistance outside of the U.S. and file foreign tax returns when necessary. If you are investigating the possibility of doing business outside of the U.S., call Donald Goldstein 561-994-5050 for a free consultation.