Expanding Your Borders: Charting a Successful Path for Global Growth

Expanding internationally presents companies with a world of opportunity—as well as a host of questions and risks from an accounting and finance perspective. When companies evaluate the costs and benefits of entering into new countries or regions, they often include tax planning in their financial analysis. But understanding the true cost of doing business in a country requires more than just looking at income tax, sales tax, value-added tax and other tax regimes.

Companies considering overseas expansion need to take a 360-degree view of how operating in a new country will affect their operations and planning, particularly in terms of the impact on their finance and accounting departments.

Here are some of the top accounting, legal, technology and compliance issues companies need to keep in mind when growing internationally.