When you expanded sometime back to a foreign country, it must have made complete sense to establish a local legal entity in the new country. It would have been more straightforward at that time to set up an entity as a subsidiary while directly employing people to your new company. Having the brand exposure with […]
Category Archives: Overseas Expansion
How Global Expansion can be Cost-effective Post Pandemic.
The pandemic brought in some unforeseen challenges to many economic giants in the world. Across the globe, some predict a downturn of the economy for certain countries there are forecasts for some which are expected to bounce back. Despite economic challenges businesses must survive and carry on vigilantly. While every market got affected in some […]
Right Time to go Global? Here are few Things to Consider
We have been dealing with mutations and aftermath of a Pandemic for many months now. Let’s face the reality, Covid19 is here to stay for a foreseeable time. Hindering or postponing operations can only be short term not a wise choice in long term as anyone else, we all need to accept the reality and […]
What is an Employer of Record and Why is it Important for You?
When a company hires an employee, the responsibility of all tasks of the employee including payroll, HR related tasks and legal and labor requirements must be taken up by the employer. But not all types of companies want to take up the responsibility of dealing with the liability of managing employees. This is where the […]
4 Things to Check When Selecting an Umbrella Company in Sri Lanka
Many companies who are looking at expanding into Sri Lanka face with two challenges. Whether or not to start and entity, or to tie up with an umbrella company who can take up the entire set up and administration hassle away from you. Many opt for an umbrella company who would deal with the complex […]
Your Guide to set up a Business in Sri Lanka
Post-civil war, economic growth and strategic location are only few factors for anyone to make a decision to set up a business in Sri Lanka. With a lot of opportunities, Sri Lanka aims to become a middle income country with long term plans and sustainable development. With Sri Lanka’s growth over the years, many businesses […]