Services that simplify the process of establishing and managing international subsidiaries
 

 

Turnkey Service Offerings

For clients with existing operations overseas or cross-border expansion plans, High Street Partners recommends HSP Overseas Direct®. This flagship service offers a turnkey method for setting up and managing the normal recurring finance and administrative activities related to the operations of overseas subsidiaries. For a fixed fee, we establish and register the new entity, get your international employees paid, manage payroll taxes, close the books every month, provide cash management services (including supplier payments), file local financial statements, provide statutory audit requirements, and manage your local income tax and VAT/GST (or equivalent) tax compliance. 

HSP Advisory Services  These consulting services provide additional help as your international entities grow, develop and change. Designed to help you avoid running afoul of confusing regulations or incurring unexpected costs, HSP Advisory Services cover a wide range of needs, and each project is customized to your specific requirements. Typical engagements involve advice, planning, and support in these areas: expatriate tax and HR-related matters, including compulsory and expected benefits provision; stock options and incentive compensation planning; VAT (or equivalent) structuring and reclaim assistance; international cash and treasury management strategies; audit preparation and support; import / export regulatory advice (including international logistics); office leasing; FAS 52 consolidation support; IRS Form 990 compliance; employee recruitment; entity structuring (or restructuring); transfer pricing assistance; IP-related issues. In addition, we offer a “health check” of existing international subsidiaries or branch offices for best practice, compliance risk, and change implementation.

HSP Global Services™ HSP also provides the necessary documents, contracts, agreements and other items related to the smooth running, risk minimization, and regulatory compliance of international entities. Often provided at reduced cost by our network of local services providers, these projects routinely include the following: employment contracts and offer letters in accordance with local guidelines, localized and translated Non-Compete & Non-Disclosure Agreements, Inter-company service agreements in accordance with local transfer pricing requirements, applications for Work Visas (for expatriate employees), employee HR Handbooks, UK Joint Election or EMI registrations, VAT 13th Directive reclaim applications in the EU, outsourced Nominee or Resident Director services, whitepapers on specific technical matters, and Director Indemnification agreements. 

HSP Access America™ offers an entry strategy to US markets at predictable costs from a single provider. Focused on making entry and ongoing operations quick, simple and headache free, the service provides European, Asian and South American businesses a turnkey method for setting up and managing a US subsidiary.

"HSP OverseasDirect® helped get our subsidiary in Hyderabad up and running quickly, and much more smoothly than I had anticipated."

-ICT Group, Inc.