Rajesh Sharma highlights the options for professional
firms looking to expand into Europe.
A considerable number of professional firms are
considering expanding operations outside the UK to reach out to
their global clients in Europe. Many European organisations,
meanwhile, demand a global presence from their professional
services providers.
Branch v subsidiary
The options available for a permanent presence are the
establishment of a local branch of the UK entity or a new entity,
such as a local subsidiary or a partnership structure. To determine
the appropriate entity, it's important to consider the local
rules for the establishment, registration and taxation of the
profits derived by the entity.
