International Enterprises
With the help of today’s technology, running an international enterprise is no longer a task belonging exclusively to large global corporations. Many small to mid-size companies also find themselves participating in the global economy, expanding their business transactions beyond the borders. The level of participation can range from simply engaging in sales transactions with foreign customers or vendors, to establishing a subsidiary company according to the company’s strategic plans in the region. Even small companies doing business internationally may be entitled to use beneficial structures to lower their tax costs. The DBM advisors can help determine whether your business would benefit from one of these techniques. We are also experienced at identifying and demystifying the rules for reporting foreign financial accounts, foreign assets foreign subsidiaries or foreign ownership.
The professional service team at DBM has extensive experience assisting our clients with their global endeavor. Our clients benefit greatly from our expertise during the planning, implementation, and reporting stage of their international business transactions.
Some specific areas where we can assist you are:
- Assist export businesses obtain tax savings through an IC-DISC (Interest Charge – Domestic International Sales Corporation)
- Assist companies with tax filing on transactions with foreign related entities
- Assist companies with implementing IFRS (International Financial Reporting Standards) in financial reporting processes
- Providing audit services for foreign owned subsidiaries in the US
Our multilingual team can assist you in seven foreign languages, including Spanish, Mandarin Chinese, Cantonese, French, Russian, Latvian and Khmer.
To learn more about how we can help your international business transactions, call us today to schedule an appointment with our professional service team.