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

Velocity Global

Global hiring and expansion present exciting business opportunities. Both entity types have different implications for the parent company regarding taxation, governance, and liability. By setting up a foreign subsidiary, you can market solutions to the local population and directly source local talent.

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Benefits and Challenges of Expanding to Australia

Globalization Partners

Its top sectors are mining, agriculture, and services, and critical areas of potential growth include renewable energy, technologies, and health and aged care. The IMF predicts that Australian government debt will be only 54 percent of their GDP in 2022. Here are the top five reasons why you should expand your company to Australia: 1.

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Top ASEAN Countries for Companies Based in the Netherlands

Globalization Partners

Malaysia has created a National Green Technology Plan to encourage the development of cleaner energy sources through government-backed tax incentives. The Malaysian Dutch Business Council (MDBC) provides opportunities for networking and access to business services within the country.

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Learning from the Great Recession: Two Strategies That Can Help Businesses Rise Above COVID-19

Velocity Global

Corporate governance that allowed banking firms to take on too much financial risk. As a result, companies that engage in global expansion are primed to not only endure today but flourish tomorrow. International PEO helps you maximize ROI when expanding globally. An unchecked rise in unstable subprime mortgages. While the U.S.

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Global Employee Benefits: How to Attract and Retain Top Talent With the Right Benefits Packages

Velocity Global

After months of sourcing, interviewing, and evaluating an endless parade of job applicants, you’ve finally found the ideal candidate for a hard-to-fill role. As you go back to the drawing board, you can’t help but wonder why your target hire chose another employer. Image sources: ¹ SHRM , ² SHRM , ³ Center for American Progress.