What Is Corporate Maintenance?

Corporate maintenance is the practice of complying with the record-keeping requirements a country or a regional government imposes on a corporation. As the name implies, corporate maintenance is necessary for business entities that are legally considered “corporations,” so sole traders (or the country equivalent) and, in some cases, partnerships may be exempt from corporate maintenance requirements.

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When you are expanding into global markets, one of the first things you need to look into is the tax system. From withholding tax laws for payroll to service taxes, there are several taxation requirements you must fulfill in order to operate in a new country.

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Whether you have already expanded into another country and are hiring local resources or simply wish to draw from a foreign talent pool, there are a few things you need to know when hiring in a foreign country.

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Regardless of the country, you are expanding to and from, global expansion is a relatively complex endeavor, which is why Aadmi is a great partner to support your expansion process. Even when shared cultures and languages make expansion socially easier for your business, there is still a matter of adherence to regulatory compliance and government rules and regulations regarding foreign businesses.

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India has the second-largest labor force in the world, and it’s expected to reach the number one spot by 2027, taking over from China. Due to the increasing skills developments in India’s educational system, it has shed its reputation as a low-cost, outsourcing destination.

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The United Kingdom – one of the largest European and most mature global economies, is a major destination for businesses expanding their global footprint. It is also one of the most populous countries in Europe, making it an ideal market for businesses looking to establish a new market.

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