Mastering International Business Expansion: 6 Key Strategies for Legal, Tax, and Compliance Success
You’ve decided to expand internationally, but are you aware of all the steps involved in the process? When considering international business expansion, it’s crucial to understand the myriad steps involved. From legal structures to compliance demands, this guide covers everything you need to know. 1. Permanent establishment and legal entity options One of the first […]
ChatGPT vs HSP: 3 Keys to Success for Cross-Border Carve-Outs
“The Blind Men and the Elephant” is a classic Indian folktale in which six blind men who long to learn about life outside of their small village discover an elephant for the first time, with a surprising connection to cross-border carve-outs. As each man inspects the elephant, he describes what he perceives the animal to […]
Will AI Disrupt How Companies Conduct Global Expansion in 2024? It Depends.
If there’s one thing we can count on in 2024, it will be the continuing onslaught of headlines sounding the alarm (or promise) of AI and machine learning as a potential disruptor in almost every industry—from banking and finance to healthcare. This begs the question: is global expansion also ripe for disruption by AI? In […]
Think BIG With Your Global Expansion Strategy
If you’re a successful US-headquartered company aiming to expand internationally, it’s a safe bet that the first country you expand into won’t be your last. And yet, too often, I see companies tripping up on their global expansion plans by planning for just that—one country at a time. How do I know? Because these are […]
The Importance of Global HR Administration
HR Administration plays a vital role in all company sizes, from reinforcing company culture to ensuring the required basics, such as pay and recruitment, are taken care of.
In this blog, we delve into the importance of Global HR Administration, otherwise known as Global HR Support, with a particular focus on why these activities (and the provision of these services) should be a core consideration for those that are operating overseas or looking to start their global expansion journeys.
Using EoR for Your First International Hire: Next Steps
So, you’ve decided to use EoR (Employer of Record) solutions for your first international hire – that’s great! But what happens next for you as an employer/business?
Elevating the Conversation on Employer of Record Solutions
The Critical Role of Data Privacy Compliance in Global Success
Yes, the laws most certainly do apply to your business. Here’s what you need to know. Any business with an international footprint needs to pay close attention to data privacy compliance. Even seemingly innocuous mistakes can be costly.
Watch: Data Privacy Laws – A Must for Every Business
How confident are you that your organization complies with data privacy laws? If you waver even for a second before answering, you’ll benefit from watching this webinar with Michele Museyri, Business Development Director at HSP Group.
Streamlining Global Business with CRM-based Solutions
Many global service providers aspire to have a single source of data, one central location holding all client and internal information, and to manage and maintain all of it in compliance with Data Protection laws around the world.
Mesh ID signs technology deal with HSP Group
Global expansion services company continues to advance its technology solutions
Disruptive Solutions for Success in the US Market
Why is setting up a business in the USA so challenging, especially if you have never done it before? Setting up a business in the USA should be relatively straightforward, shouldn’t it? After all, the USA entrepreneurial “can-do” business attitude, thriving and profitable multinational corporations, and reputation for business-friendly practices and laws are driving expansion […]
GDPR explained for Global Businesses
What is GDPR? The General Data Protection Regulation 2016/679 (GDPR) is a directive under European Union (EU) law addressing data protection and privacy in the EU and the wider European Economic Area (EEA) linking the EU member states with the three European Free Trade Association states (Iceland, Liechtenstein, and Norway), as well as the transfer […]
How can HSP expand my business globally?
Global People Services and Global Entity Services represent the full suite of solutions helping organizations based in the US and Europe manage their global footprint.
One Size Doesn’t Fit All In International Expansion
A Tailor-Made Approach I’m the son of a Bespoke Savile Row Tailor. From an early age I’ve had impressed on me the benefits of made-to-measure versus “off-the-shelf” attire. What stood out clearly was the mesmerizing obsession with the Quality of the deliverable. This was paired with the provision of an impeccable Client Experience, and […]
HSP Overview – VAT introduction
What is VAT? Value Added Tax is a consumption tax on goods or services, and it is critical that businesses understand the compliance details of what is required.
Market Entry Report – Doing Business in Germany
As one of Europe’s largest markets, Germany remains an attractive place for investors from all over the world. The country is an innovative leader across many areas of technology, having a highly qualified workforce and an outstandingly developed infrastructure. SMEs in particular benefit from the well-organized business environment and secure legal climate. Across industries from software to pharmaceuticals, the practical emphasis of effectively […]
Market Entry Report – Doing Business in Brazil
Brazil is geographically the fifth largest country in the world with a predominantly tropical climate. It is the only Portuguese-speaking country in the Americas and the largest Portuguese-speaking country in the world, in addition to being one of the most multicultural and ethnically diverse nations on the planet.
Market Entry Report – Doing Business in China
Now the world’s second-largest economy and long since the most populous nation on earth, China lies at the eastern edge of Asia, bordered by several of the region’s most prominent nations, including Russia, India, and Pakistan, and sharing maritime borders with South Korea, Japan, Vietnam, and the Philippines.
Market Entry Report – Doing Business in Switzerland
Switzerland’s prosperous, modern, and liberal market economy boasts low unemployment, a highly skilled labor force, and one of the highest per capita GDP in the world. The economy is driven by a highly developed service sector, with a focus on financial services, a robust manufacturing industry specializing in high-technology and knowledge-based production, and a well-established […]
15 Country Market Entry for Venture Backed RPA Firm
Client problem:
Market Entry Report – Doing Business in Belgium
Belgium lies in the middle of the largest industrialized trading bloc in the world, the European Union (EU), and has existed as an independent kingdom since 1830. With a population of around 11 million people, Belgium has three official languages: Dutch, French, and German. The currency of Belgium is the euro (EUR).