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Kiwi companies fly by being on the ground

September 30th, 2011 by Paul Beare

imageAs ON-Brand Partners starts to become established and gain more success internationally, I’ve been asked by a number of people to share my thoughts about what it takes for a New Zealand company to ‘get started’ on the international stage. While I certainly don’t have all the answers, we’ve certainly learnt some valuable lessons.

Nearly twelve months ago I sat in a meeting room with a group senior executive of one of the world’s largest banks.  He started by saying… “The work you’ve done with us in Malaysia is impressive, but obviously as a small company based on the other side of the world, you can’t help us globally. But let’s talk anyway”. 

Two hours later he concluded the meeting with a single comment “Come back to me with how you think you could support us globally”.

A year on, we have delivered an organisation-wide solution to an GBP18bn turnover business (with fantastic results), started with another (the largest in it’s sector) to co-create a market-leading customer experience strategy and have established relationships with key executives in a list of companies that even our local competitors shake their heads at in astonishment.On Brand Partners

It’s been a tough year, and we are not there yet. There’s constant pressure on resources and cashflow, plus ongoing (and surprising) business administrative challenges.  But, we know we are onto something.  As a business, we have the ‘belief’ that, if we can sustain our momentum, we can truly crack it on an international stage.

Our key insight is that success requires focus, energy, and local partners to make it happen. Read the rest of this entry »

Tags: Clients, FDI, International corporate structure, overseas trading, UK, UK Inward Investment
Posted in Australia, Go UK!, New Zealand | Comments Off

UK Public/bank holidays 2012

September 22nd, 2011 by Paul Beare

Public holidays and bank holidays tend to be the same each year. Next year however there is an additional Public holiday for the Queens Diamond Jubilee which falls on Tuesday 5 June.

New Years Day Sunday 1 January
Good Friday Friday 6 April
Easter Monday Monday 9 April
May Day holiday Monday 7 May
Spring Bank holiday Monday 4 June
Queens Diamond Jubilee Tuesday 5 June
Summer Bank holiday Monday 27 August
Christmas Day Tuesday 25 December
Boxing Day Wednesday 26 December

Tags: uk business, UK business guides, UK Employment law, UK news
Posted in Australia, Canada, France, New Zealand, UK accounting, USA | Comments Off

UK Accounting firm in Boston September 20 through 24 to help more US companies setup in the UK

September 15th, 2011 by Paul Beare

Kevin Beare & Co, a UK accounting firm, have been regularly travelling to the USA with the intention to help US corporations expand in to Europe.

Kevin Beare & Co provides a “One-Stop-Shop” solution to US businesses operating in the UK. Services provided range from initial advice on the choice of UK legal entity, through opening a UK bank account and UK VAT registration, provision of bookkeeping, expense processing and monthly reporting (in both GBP and USD). Using these services means that a transition from “setup “to “routine” is seamless. Payroll administration, which includes mandatory legal obligations and contractual obligations as described in the employee benefits package is also part of the back office support system. Read the rest of this entry »

Tags: FDI, UK Accounting firm, uk business, UK Corporation Tax, UK Inward Investment, UK VAT
Posted in UK accounting, USA | Comments Off

Non-dom tax to see reforms

August 10th, 2011 by Paul Beare

The Treasury has published a consultation paper on reforming the tax system as it applies to non-domiciled residents. The Government has also set out another consultation on its plans for a statutory residence test (SRT).

The aim of the non-dom consultation, the Government said, is to encourage individuals to invest in the UK while also ensuring a fair tax contribution. Details include increasing the existing £30,000 annual charge to £50,000 for non-domiciles who claim the remittance basis in a tax year and who have been UK resident in 12 or more of the 14 years prior to the year of claim; allowing non-domiciles to bring overseas income and capital gains to the UK tax-free for the purpose of commercial investment in UK businesses; and simplifying the way in which some aspects of the current rules work. Read the rest of this entry »

Tags: tax effectiveness, tax planning, tax relief, tax strategy
Posted in Australia, Canada, France, New Zealand, UK accounting | Comments Off

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