Are you planning to move you and your business abroad? Maybe it’s a choice to improve your quality of life, or perhaps your partner has a new job and that’s the impetus for the move.
Either way, there are a few mistakes that far too many people make.
Make sure you’re not one of them.
Moving abroad requires thorough research and the costs of setting up a business abroad can be high.
In this article: The essentials of setting up a company abroad (on trainingjournal.com), I have set out some of the key considerations and the research needed before you take the plunge, not least making sure you are eligible to work. The article is aimed at working parents and mumpreneurs but the advice contained is worth reading for anyone planning to set up a business abroad.
Tax is always an issue that needs addressing and the regimes differ markedly from one country to the next. Your position in relation to UK taxation would also change.
Language, visas working hours, salaries and the new marketplace should all come under close scrutiny.
Although the article sets out a summary of the points to consider it will be important to seek out professional advice that takes into account the specifics of your own circumstances.
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