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Permanent Establishment Checklist for Global Companies

Velocity Global

Do any employees regularly conduct business as company agents in the country? Ongoing agent activity abroad directly linked to product and service sales, such as contract signing or negotiation, increases your permanent establishment risk. Does your company generate revenue in the country?

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What Is a Foreign Subsidiary? Pros & Cons for Global Companies

Velocity Global

Global hiring and expansion present exciting business opportunities. The implications of permanent establishment vary across jurisdictions, but it typically triggers a local tax obligation for the impacted business, subjecting it to income tax, sales tax, value-added tax (VAT), and other local taxes required in the host country.