Also in the news...
Find out whether you're established in the UK for customs purposes.
What UK goods vehicle operators need to do to carry out international road haulage.
Find out how to import firewood, such as logs and kindling, into England, Scotland and Wales (Great Britain).
If you’re a business that currently buys goods from or sells goods to countries outside the UK, or are planning to trade with Europe from January 2021, HMRC’s new tool can help you identify ways you might be able to make the customs process easier for cheaper for your business. This short video shows you how to use the tool.
If you’re a UK business thinking about moving goods into or out of the UK , this video is here to help you understand how customs intermediaries or agents can help you. For more information have a look at the guidance available on gov.uk.
Easily Expand to the United States with a Virtual Office
The benefits of expanding your business to the United States are immense. If you’re reading this article, you’ve likely done the work to research and understand your business opportunity, the customer potential, and the overall sales growth that could come with a successful expansion to the US market. So, the next logical question is: How do you expand – logistically, that is.
International expansion can be unrealistically expensive. Navigating unfamiliar legal requirements can be overwhelming, especially for small businesses. If you don’t have the cash flow to purchase a property overseas and hire a tax lawyer, how do you expand successfully? The answer is simple: A Virtual Office.
You may think that the only way to expand your business to the United States is to purchase an expensive space. Or that you have to maneuver your company into the U.S. legal system. That you need to hire a room full of local employees. But that’s not at all the case! A Virtual Office will give you a physical business address and is the easiest way for your company to establish a presence in the United States.
What is a Virtual Office?
A virtual office is a comprehensive package of online business solutions that enables you to work virtually anywhere in the world while still enjoying the benefits of a physical office. It gives your business a physical business address and presence in a desired location without the high overhead or rental costs.
Virtual offices offer a range of services to help your business run efficiently from wherever you are! Aside from a physical address, a virtual office can come with a variety of features that maximize your efficiency and boost your business credibility. Depending on your provider, a virtual office can also provide features such as:
- Virtual mailbox and mail management services
- Local or toll-free phone numbers
- Live receptionists or answering services
- Access to meeting spaces
How a Virtual Office can facilitate your US expansion
1. Your Virtual Business Address is actually a physical U.S. business address.
While the office services are “virtual”, your new actual business addressis a real physical location, usually in a prominent business area. Therefore, this address can be used to register your business. It can be used to apply for licenses, set up U.S. bank accounts, and more. Contrary to popular belief,PO boxes are not adequate to fulfill the legal requirements of setting up a U.S. business.
2. A Virtual Office provides a Registered Agent
Some Virtual Office Providers, such as Starthub in Miami, Florida, include a free Registered Agent with Virtual Office plans. A registered agentis required in most United States jurisdictions and is a designated individual in the US who will be legally responsible for incoming correspondence for your company. The registered agent has to be located in the state in which your business will be incorporated and can be difficult to find without connections.
3. It Establishes Presence in the US Market
A successful US expansion doesn’t rely on a street address alone. You really need to establish a presence in the United States market and be accessible to customers there. With a Virtual Office, often times there are valuable services included to help you establish this presence. Services such as a live receptionist to answer and direct your incoming calls. A virtual mailbox is another valuable service where your mail can be sent, received and scanned for your easy viewing. These types of services will allow you to place a foot in the US without expensive set-up costs or business risks.
Expand to The United States in Minutes
Expanding your business to the United States may sound like a complicated and expensive feat, but it doesn’t have to be! Purchasing a virtual office address through Starthub is the easiest way to expand your business into the United States – and the cheapest! Secure your virtual business address today to quickly establish your company as a legitimate and successful United States business.
You can read the full article on the Starthub Website
Author: David Ben