IT companies provide their customer services all over the world. However, employees and contractors of IT companies might be located on the opposite side of the world.
The delivery of IT products to the end user takes seconds, despite the distance of hundreds of thousands of kilometers.
Which corporate structure should be chosen for doing IT business in the modern world?
There are different types of corporate structure, which have distinctive elements, in particular:
- presence of a parent company owning subsidiaries around the world;
- involving permanent establishments as a way of engaging with local specialists;
- structuring a company using the SPV with partners in new jurisdictions;
- acquiring foreign IT companies to enter a local markets.
In any case, the approach to developing a corporate structure of IT Company should be balanced. Such elements as the tax burden, financial flows, operating costs and specifics of business processes in your unique case should be taken into account.
We will be glad to help you with the developing the efficient corporate structure of your IT Company 🙂