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Grant Thornton issues global guide to business relocation

Grant Thornton New Zealand today issued 'A global guide to business relocation', a comprehensive 138 page document covering topics of importance for any business looking to unlock growth through greater efficiencies.

“When exploring the prospect of expanding into new territories, growing multinationals and entrepreneurial businesses need to be explicitly aware of the consequences of relocating part or all of their operations”, says Murray Brewer, Partner, Tax at Grant Thornton New Zealand.

The Grant Thornton guide outlines what type of activity is commonly relocated and the benefits of doing so. The key to successful business relocation is early planning, working to achieve commercial objectives and careful execution. 

Topics covered in the guide include:

  • What effect will new regulations have on international structuring?
  • How can relocation add value?
  • Change to the risk model
  • Operational issues – customers, suppliers and markets; substance; people; reputation
  • Legal issues – employment law; contract renegotiation; company law
  • Tax issues – residency and controlled foreign corporations (CFC) rules; transfer pricing; exit charges; indirect taxes.

The guide also provides in-depth tax profiles of 26 countries: Argentina, Australia, Belgium, Brazil, Canada, Chile, China, Colombia, Cyprus, Hong Kong, Hungary, India, Ireland, Luxembourg, Malta, Mexico, Netherlands, New Zealand, Panama, Puerto Rico, Singapore, Spain, Switzerland, United Arab Emirates (UAE), United Kingdom and the United States.

To download a copy of Grant Thornton's 'A global guide to business relocation', visit www.grantthornton.co.nz

Further enquiries, please contact:

Murray Brewer
T +64 (0)9 308 2586
E murray.brewer@nz.gt.com

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