Susanne Leone was interviewed by the Florida Sun Magazine about common mistakes German companies make when entering the U.S. market and how to avoid these mistakes

In the interview, Susanne Leone explains what a German company needs to know when setting up or expanding its business in the United States. The information is based on experience with various German companies expanding their business in the United States. It seems obvious, but it is important to start by registering a company when entering the U.S. market. Choosing the appropriate legal entity is a significant topic that should be discussed in advance with your attorney. Tax optimization options that take into account the entire corporate structure, including the German parent company, should be evaluated and discussed.

In addition, once the business is established, the U.S. company must comply with U.S. laws, corporate compliance requirements and tax obligations at the federal, state and local levels. Another important factor is obtaining appropriate and sufficient insurance for your company. In general, at a minimum, a company doing business in the United States should have general liability insurance and product liability insurance.

If you would like more information on this topic, please contact us.