Privately held businesses are increasingly trading internationally by sourcing product, manufacturing and selling overseas. This cross border activity will add complications to their business operations.
Grant Thornton member firms understand the issues that such businesses experience in taking their first steps to operate away from their home base.
Tax planning plays a vital role in addressing the needs of the business owners to raise capital, design remuneration packages, establish shareholder agreements, make acquisitions, expand overseas, bring back profits and plan successions or exits without incurring avoidable taxes.