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Expanding Overseas: What You Need To Know

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Executive Summary

Creating a presence in overseas markets is an exciting and potentially lucrative venture for many US technology organizations. It can also be a difficult one for companies new to international expansion. Beyond the operational challenges caused by differences in time zones, languages, and currencies lies a world of unfamiliar compliance regulations, tax codes, and quirky local employment laws. Rules for each vary from country to country and region to region, and the penalties for non-compliance can be stiff. In order to limit the number of challenges and frustrations that often accompany global growth, every company should consider these key points before heading abroad.

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