by Jerry | Mar 11, 2023 | Business Advice, Legal
Many of our clients assume that a US registered office functions just like a registered office in the UK. However, a US registered office serves a much more limited role in the US than in it does in the UK. Almost all US states require a company doing business in its...
by Jerry | May 28, 2022 | Tax
UK companies selling goods to US customers often assume that no US tax obligations will result from their activities. Sometimes the assumption is correct; more often it is not. Here are the main US tax obligations of which UK exporters must be aware. Federal Income...
by Jerry | May 27, 2022 | Business Advice, Tax
For at least some UK corporations, the UK corporation tax rate will soon increase. From April 2023, UK corporations with company profits over £250,000 will pay tax at the 25% rate, corporations with company profits under £50,000 will continue to pay tax at the 19%...
by Jerry | May 22, 2022 | Business Advice, Legal, Tax
When a UK company does business in the US through a subsidiary, it is common for at least some of the gross revenue earned by the US entity to be transferred into the coffers of the UK parent. There are four basic mechanisms by which income generated in the US makes...
by Jerry | May 15, 2022 | Marketing
I have had the pleasure of working with scores of UK companies doing business in the US. Here are seven – easily remedied – marketing mistakes that I have repeatedly encountered. 1. Posting prices inclusive of sales tax. In the UK, prices are posted inclusive of VAT....