Many US-inbound CEOs are looking to conduct business in the United States, despite the ongoing global pandemic, cyber threats, and concerns about unemployment rates.
The United States remains the top recipient of foreign direct investment, and it continues to be a significant player in international business relations. 7.8 million US workers were employed by international companies, and these workers exported over $395 billion in goods worldwide in 2018.
If you are a US-inbound CEO, you may have some questions about conducting business under the current business environment. A corporate lawyer can answer your concerns and address any issues that may arise as you plan your next business move to the US.
How US-Inbound CEOs Can Plan with a Corporate Lawyer
US-inbound CEOs should always retain the services of a corporate lawyer when making deals or plans that are long-term in nature, especially as you navigate a more technologically advanced global business environment.
At Rooney Nimmo, our corporate lawyers can provide a broad perspective on financial and other business matters relating to your transition into the US business world. Talk to us about:
- Mergers and acquisitions
- Joint ventures
- Management buyouts/buy-ins
- Corporate formation
- Tax laws
- Banking and asset management
These are just a few of the many services our firm offers. Take a look at some of the top questions from US-inbound CEOs to get some upfront advice about your new venture.
How Can I Plan My Taxes and Regulations?
US tax laws can be confusing for US-inbound CEOs, especially with the inbound tax law changes enacted in 2017. Foreign CEOs coming to the US to do business need to understand the different tax policies and how they apply for their companies to succeed economically.
Working with a corporate lawyer specializing in taxation, immigration, and financial services can help you understand the tax policy changes and handle any tax issues you may encounter.
What is the Best Way to Secure Customer Data in the US?
Data security is more important than ever for US-inbound CEOs and even US-based CEOs due to the increasing dependence on data analysis for business operations and decision-making.
With a complex set of federal and state privacy laws, these can be a challenge to understand for multinational corporations who rely on customer data for their business. Having a corporate lawyer on your side can ensure you are compliant with these privacy laws in the United States.
How Can I Bring My Business Up to Speed Technologically?
In this day and age of technology, many companies are looking for ways to stay on top. Artificial intelligence (AI) will create a business value of $2.9 trillion and 6.2 billion hours of worker productivity due to increased usage in 2021. US-inbound CEOs should consider digitizing all aspects of their business operations when possible to automate specific tasks and enhance adaptability in a constantly changing online environment.
In What Ways Can I Retain US-Based Talent?
As AI continues its rapid development in business and beyond, US-inbound CEOs must hire and retain top talent to adapt to emerging technologies. The number of job openings in the US has increased by 6.9%, according to the Bureau of Labor Statistics, so you may need to provide more competitive pay and benefits to attract high-level performers to your company.
A corporate lawyer can advise you on the best practices in hiring and developing employee-employer relationships, including contract negotiations and independent contractor agreements.
Work Closely With an International Corporate Lawyer
At Rooney Nimmo, we can help you navigate the constantly changing US tax laws and other issues relating to operating your business in the US. Contact our firm today to discuss how we can help you manage your transition to the United States.