(PRWEB) April 21, 2010
Interop Las Vegas, offers a comprehensive and unbiased understanding of all the latest innovations—including cloud computing, virtualization, security, mobility and data center advances—that help position the company for growth. Many successful relationships have been formed through Interop networking. Take, for example, Chatsworth Products Inc and http://www.kevinbeare.com UK based International accountants. Chatsworth Products Inc., a Californian based IT company, operated a stand at Interop 2009. Chatsworth Products primarily offer hardware cases for server farms. Chatsworth products Inc were looking to establish a sales presence to facilitate the export of products from the USA to the UK.
http://www.kevinbeare.com UK based International accountants have been regularly attending Interop in Las Vegas with the intention to help US corporations expand in to Europe. Now entering their fourth year of attending the event, they are promoting their success in helping Chatsworth Products International to achieve their objective.
http://www.kevinbeare.com are UK based International Accountants, providing professional advice on which type of company to form in the UK. There are two main legal entities, a UK limited company and a branch. The latter is an extension of the parent company and it is required to file a copy of the parent company’s accounts at Companies House in the UK which once filed become public record. This process includes the Profit and Loss statement along with the Balance Sheet. Customers, suppliers or anyone with an interest in the company may access this data. A limited company is required to provide their own statutory accounts, however, below a certain size does not need to file a Profit & Loss.
http://www.kevinbeare.com accountants provide a one-Stop-shop solution. Services range from financial legal requirements, opening a UK bank account, VAT registration, bookkeeping, expense processing and monthly reporting (in both GBP and USD). These services smooth the transition from “setup “into “routine”. In Chatsworth case, Payroll administration was also required, including mandatory legal and contractural obligations as outlined in the employee benefits package.
Interop attendees and exhibitors are all in business to succeed. Incorporations looking to extend reach through opening a sales office in the UK, or establishing a marketing presence. Considerable time and effort is made by International Accountants, firms such as http://www.KevinBeare.com find Interop invaluable to discover which exhibitors do not have a presence in the UK and the foundations are laid ready if that requirement ever arises.
For nearly 20 years, Kevin Beare & Co has worked with companies like Chatsworth and have helped them enter the UK. It is often said that the UK and US are one nation divided by two cultures and a common language.
UK VAT registration procedures, UK auditing requirements, and local employment laws (there is no such concept of being “employed at will”, it simply doesn’t exist in the UK), are usually outside international companies expertise and are often a minefield to company formation within the UK.
For more information and help on doing business in the UK, contact Paul Beare +44 (0) 208 528 1044 http://www.kevinbeare.com