How To Successfully Establish And Grow Your Business Globally
There’s no doubt it can be both daunting and resource-challenging expanding your business outside your own locality – extending operations abroad is even more taxing. Branching out into global commercial operations requires tenacity, perseverance, a clear business plan and optimal resources. A well-established local network is also imperative, one that can consistently assist/support the expansion process on the ground.
Take Advantage Of Our Cemented Global Networks
Here at York & York we’re proud of the expansive networks and relationships we’ve established on the international stage. In particular, our principal lawyer has existing tried and tested relationships with commercial support firms and legal advisors across key countries in Europe (all English speaking). These superior support networks are always at hand to provide region-insightful, cost-effective legal advice.
In addition, we have established and maintain close, culturally-sensitive relations with a range of professional commercial advisors in both Malaysia and Indonesia – APAC networks that can be tapped into. And we’re driven to continually expand these commercial support networks across Asia, to the benefit of our clients.
York & York will partner with you to achieve an international business expansion process that’s efficient, proactive. Our ‘big picture’ perspective complemented by our mission to keep it personal will deliver outstanding commercial results.
Based on our extensive legal practice credentials, we’ll strategically analyse your needs, and customise and communicate our service and fees accordingly. In addition, all communications will be covered by client-attorney privilege.
There are so many areas to plan for and consider when shifting business operations into the global arena, from stringent timelines and costings to legal ramifications. Here at York & York we deliver a pragmatic, solution-focused approach that will adequately alleviate your commercial expansion headaches.
Below are some examples of areas to think about when establishing your entity and for which we can provide or facilitate insightful legal advice and assistance on:
Type of legal entity –the typical approach is to set up a limited liability company for which the following must be determined:
Certificate of Incorporation
Name and registered address
Principal trading address
Memorandum of Association and/or Company By-laws
Policy re-name of the company
Need of local directors and company secretary
Powers of attorney to local representatives
Share capital and par value
Funding of the business (i.e. Loan Agreement)
Type and number of
Requirements including signatories
Business premises and related issues (e.g. leasing)
Contractual relationships, including with senior employees
Any intercompany agreement in relation to supply of resources, including intellectual property, products or services
Cross-jurisdictional and local tax advice and support
Need for local auditors
Our assistance and advice goes both ways
Expanding outside Australia: For Australian entities keen to establish a commercial presence in Europe or Asia, we can facilitate professional legal support with delivery of proficient and cost-effective outcomes (sometimes at no-expat/local rates) at the start and ongoing to support your growth.
Expanding into Australia: For those businesses wanting to expand into Australia, our well-founded local experience and expertise will guide and support you in a professional, cost-friendly manner at the start and continuing on. Both our own legal firm and our existing professional advisor network can be used to your commercial advantage.
Here at York & York Legal, we pride ourselves on our ability to provide as-needed legal services that deliver practical, high-impact commercial solutions. Aligned with this pledge, we guarantee tailored and transparent pricing across all our legal services.