Expanding to the US in an attractive option for British companies as the US is already the world’s top importer of British goods, accounting for nearly 15% of the UK’s total exports. However, setting up in America can come as a challenge when you’re not a US resident.
Whilst there are a lot of advantages to setting up overseas, there is a lot to consider. The three routes into employing people in the US are setting up a branch office, creating a subsidiary or new legal entity or establishing a co-employment. Each route has a level of risk, cost and complexity which you evaluate in the full guide to US expansion.
If your business expansion requires you and non-US employees to work in the US then work visa’s need to be considered as well as setting up a US bank account to make your trade more seamless.
To find out more about what expanding to America looks like, you can view the infographic below.