With advances in technology, it is now easier than ever to do business with companies in other countries, and businesses have more flexibility regarding their locations. There are many reasons why businesses choose to move their offices overseas, including improved infrastructure, cheaper operating costs and improved quality of life. From learning about new tax laws to finding shipping containers for sale and everything in between, an international move requires careful planning to ensure everything goes smoothly. There is a proper way to do so.
Get Expert Advice
Before you do anything else, you should talk with experts about restrictions or regulations that may prevent you from moving your company to another country. Tax laws vary greatly from one country to another, so it is wise to speak with a tax attorney in your new country.
Permission to operate a business in a foreign country sometimes requires providing paperwork that shows profitability. You will need to find out what information you will have to provide. Contact the embassy of the country to which you are moving. They can help you find out about any restrictions on your move.
Plan Who Will Do What
Consider assigning a project manager. Having one person manage all aspects of the move and assign tasks to staff members will eliminate many communication problems. If you have a large company, consider assigning staff members to be part of a moving team. You could also hire corporate re-locators who are experts in all aspects of international business moves. It is also important to hire a moving company that specialises in international moves.
Have a Plan for Your Employees’ Move as Well
Any staff members moving with your company will need plenty of time to prepare. They will need work visas or permits to work in the new country legally. They may also have to show proof of employment to secure necessary documentation. In addition, you might consider options for them to work remotely for a period of time until your new office is set up.
Manage Your Equipment
Schedule maintenance for equipment and plan to return any leased equipment before the move. In addition, make a complete inventory of all furniture, equipment and electronics that you will be moving to your new location.
Furniture, equipment and other items should be labelled so that the movers know where to place everything when you reach your destination. Consider using a colour-coded or numbered system to label items, and designate areas of your new office to match those colours or numbers. It is a good idea to provide your movers with a map of your floor plan showing these areas. Make sure to purchase transit insurance to cover the cost or lost or damaged items.
Prepare Your New Office
A few weeks before the move, make final arrangements for the installation of furniture or equipment at your new location. Make sure all utility services, phones and your security system are also ready to go when you arrive.
Moving your business overseas is a complex process, and doing it properly can ensure a smooth process and a successful move.