If you are curious about how UK companies use US affiliates to sell to the US market, we created this chart to help explain it:
Our UK clients often assume that their US subsidiary must have an employee handbook. After all, in the UK, even the smallest of companies typically maintain one. But in the US, handbooks are usually reserved for larger entities and, when they do exist, are more...
Our clients are often surprised to learn that they may have to pay additional wages to certain employees who work in excess of 40 hours per workweek. In the US, federal statutory overtime laws require “non-exempt” employees to be paid at 1.5 times their normal hourly...
As a firm that works exclusively with UK companies doing business in the US, we frequently encounter confusion among our clients regarding the proper accounting treatment of US sales taxes – both when collected and when remitted. Accounting for US sales tax differs...
For UK businesses expanding into the US, there’s an unexpected financial relic to contend with: the paper check (or, to use the British spelling, the “cheque”). While the UK has largely abandoned checks in favor of digital payments, they remain a common and sometimes...
When first entering the US market, many of our clients choose to engage a third-party logistics provider (or 3PL) to manage the fulfillment of customer orders. As a result, it is common for us to be involved in helping our clients to structure 3PL agreements that...
At Bouwen, the vast majority of our clients are UK companies operating in the US through subsidiaries. In this arrangement, it is very common for the UK parent to provide services to the US subsidiary (or its customers), and vice-versa. The IRS has over 200 pages of...
Transfer pricing refers to the way that related companies, such as a parent and its subsidiary, charge each other for goods, services, or IP provided to each other. Transfer pricing is especially important when the transactions cross international borders. When...
One of the many significant differences between UK VAT and US sales tax is that US sales tax is intended to be collected only from the final purchaser of a good or service. Because US sales tax cannot be reclaimed, the danger exists that the sales tax can become a...
Increasingly, global suppliers are expected by downstream customers to comply with legal and ethical standards designed to ensure that their supply chains protect human rights, labor conditions, environmental sustainability, and other critical factors. How should...
We are often asked by our clients whether a US limited liability company or corporation will insulate its officers, directors, or shareholders from liability for company obligations. The short answer is that, as in the UK, a US LLC or corporation generally offers such...