QuickStart: to Market Entry

Whether entering the market or simplifying operations, we can give you a QuickStart.

THE UNITED STATES tmf-group.comtmf-group.com Whether entering the USA for the first time or What makes us different? simplifying existing operations, we can give TMF Group is the global expert that understands local needs. you a QuickStart.

TMF Group has local experts across the country providing financial, legal and HR and payroll KNOWLEDGE: Based in-country, our services within the USA. independent experts understand the US market and all its associated We can get you set up, provide a single point of contact and take care of those ‘non-core’ legal, financial, and regulatory elements that keep your business moving, so you can focus on what you do best: selling compliance requirements. your products and services. FLEXIBILITY: We can offer an By taking the burden of the back office and centralizing it through one global provider, we individual and tailored service that is work with you to increase efficiency and strip out any unnecessary costs. scalable in line with business needs and is invoiced in whatever currency QuickStart: to Market Entry USA has five main elements: the client prefers. CONTROL: We can offer global reporting and one single point of contact to businesses operating We help manage We can help you across multiple regions. SPEED: We help businesses take and maintain find and manage an agile approach and enter your legal set-up an address to new markets more quickly than their competition. and structuring work from RANGE: We are the only global organization to offer a complete suite of complementary business solutions. We help you to We handle your We help your keep compliant and staff get paid on with local requirements time according regulations and to local rules filings

International incorporation and structuring: We manage the legal set-up and structuring of new or existing operations. Office premises: Whether you need registered addresses, rented offices or assistance managing your own premises, we can help with both your current and future needs. Corporate secretarial services: We help you stay compliant, manage your risk and stay on the right side of regulators and filing requirements. TMF Group serves clients of Accounting and tax: We take care of local tax registration, bookkeeping, management all sizes and from all sectors; reporting, consolidation reporting and statutory accounts and reporting to relevant local everyone from a small start- and international standards. up to a large multinational. HR and payroll: We help you to hire the right people, apply and implement We work with more than 40% international policies in employment contracts and handbooks, and pay your staff on of the current S&P 500 and time in compliance with local law. Fortune 500.

If you are already operating in the USA, we can also help by simplifying, streamlining, and/or consolidating your operations. tmf-group.com Thinking of doing business in the USA?

The challenges ...... and the opportunities Lack of local knowledge can result in: Reasons to invest in the USA

TAX PENALTIES Size: The USA represents 25% of all global economic LOST BUSINESS activity and is home to 1 In 4 of the world’s top BREAKING THE LAW 500 companies. Growth: While growth is currently slow, no other The United States of America (USA) is a federal republic economy has such a reliable and consistent long-term in North America, consisting of 50 states, a federal record of economic growth. district, and several territories. It is the world’s largest Access: The North American Free Trade Agreement economy, with a GDP of around $16 trillion in 2012. gives USA-based companies access to cross-border trade As a federal republic, each state has the sovereignty with neighboring countries such as Mexico and Canada. relating to incorporation procedures, and labor Incentives: Several USA states and cities offer tax taxes and laws. credits and other investment incentives to attract Complexity: While initial entry and registration to global investments. the USA’s system can be relatively straightforward, Skills: The USA has a highly skilled, well-educated and corporations will need to allocate significant resources to mobile workforce and attracts labor from countries all stay within compliance and governance. over the world. Reputational risk and prosecution: Failure to comply Intellectual property: The USA provides a strong regime will result in a “loss of good standing”. Losing good of intellectual property rights protection and enforcement standing can affect your ability to do business; for – attractive to those investing in innovative R&D. example, a company without good standing cannot Work Force: The USA has a highly skilled, well-educated bring a lawsuit to the court until back in good standing. and mobile workforce and attracts labor from all over States impose fines and penalties on companies which the world. do not comply with regulations and some states hold individuals in the company liable for not being in good standing.

tmf-group.com Meet our USA Managing Director

Jason Gerlis, based in our Miami office, is the Managing Director of TMF Group USA. The Miami office delivers global business services to all 50 states in the USA covering accounting, tax, HR and payroll, incorporations and entity management. Our offices in Jason is an experienced manager, with over 10 years in professional services and the USA business process optimization, and is also an accredited black belt practitioner in Lean Six Sigma, the process improvement methodology. TMF USA Inc. Prior to joining TMF Group Jason lead an Operations Development team at Tesco, the third biggest global retailer, and worked at Deloitte & Touche as a Chicago: Management Consultant. His experience includes process improvement, large 1 N. Franklin Street, Suite 600 scale IT development and off-shoring shared services. Chicago, IL 60610 Since joining TMF Group in 2013, Jason has worked closely with the Global T: +312 280 0330 Executive team providing strategic guidance on operational priorities and taking a leading role in delivering the Global Target Operating model, which standardizes Miami: and improves our operations. In late 2014 he took over management of the Miami 1221 Brickell Avenue, Suite 1200 office and our USA based delivery. Miami, FL 33131 T: +1 305 377 1200

New York: LordSPV 48 Wall Street, 27th floor Get in touch with Jason New York, NY 10005 to discuss how to grow T: +1 212 346 9000 your USA business San Francisco: 555 California Street, Suite 4925 San Francisco, CA 94104 [email protected] T: +415 659 1826

Whilst we have taken reasonable steps to provide accurate and up to date information in this publication, we do not give any warranties or representations, whether express or implied, in this respect. The information is subject to change without notice. The information contained in this publication is subject to changes in (tax) laws in different jurisdictions worldwide. None of the information contained in this publication constitutes an offer or solicitation for business, a recommendation with respect to our services, a recommendation to engage in any transaction or to engage us as a legal, tax, financial, investment or accounting advisor. No action should be taken on the basis of this information without first seeking independent professional advice. We shall not be liable for any loss or damage whatsoever arising as a result of your use of or reliance on the information contained herein. This is a publication of TMF Group B.V., P.O. Box 23393, 1100 DW , the ([email protected]). TMF Group B.V. is part of TMF Group, consisting of a number of companies worldwide. Any group company is not a registered agent of another group company. A full list of the names, addresses and details of the regulatory status of the companies are available on our website: www.tmf-group.com. tmf-group.com © April 2016 TMF Group B.V.