© 2019 Virtual Subsidiary Group.

UK: +44 (0) 1753 218 400
info@v-sub.com
817734_linkedin_512x512.png
square-twitter-256.png

NEWS & UPDATES

April 15, 2019

We’re asked a lot about how VAT may change post Brexit, as with all things Brexit the short answer is that literally no-one knows, but it seems increasingly unlikely nothing would change for the medium term at least with regards to VAT. The Withdrawal Agreement legisla...

March 12, 2019

For technology companies with UK and European employees the inevitable HR question arises as to what constitutes an appropriate benefits package as part of the overall deliberation into competitive offers in what is after all a ‘sellers market’ for skilled and experien...

February 14, 2019

Stakeholder pensions have now been in place in the UK for a couple of years and as is the case with all rushed legislation they are proving to be unlikely to work as had been planned as they will not satisfy the UK pension gap.


Although akin to a 401k plan there are di...

December 6, 2018

For North American technology vendors setting up in Europe it is often the case that there are employees in more than one country. Setting up multiple entities is costly both in the sense of the actual set up costs in legal fees,  the amount of tied up dead capital to...

November 12, 2018

The seemingly never ending saga that is Brexit may or may not have hit a turning point in recent days with an apparent agreement between the UK and the EU. The official announcement was that the so-called transition period will now end Dec 31st 2020.

We’re often asked b...

October 17, 2018

A lot of US companies will look to have a channel only model for their European business, could be for operational reasons where the Channel is a value added partner or as a transaction facilitator.

In the latter case particularly with hardware the common requirement re...

September 21, 2018

UK and European banking responsiveness can be kindly be described as backward compared to the US. Other more colourful adjectives are often applied but if you’re looking at setting up in Europe either be prepared to be frustrated at how difficult it can be to set up a...

July 10, 2018

If you have overseas operations outside of the US you will unavoidably run into the need for fx transactions.

Most US companies continue to bill their European based customers in US$ for some time after they’ve set up in Europe. The particular problem is that you will i...

June 14, 2018

Across our US client base we’ve witnessed a steep increase in the number of development and other technical staff being hired as home based workers across the world in the last 6 months.

In some respects this is not that surprising as the costs of hiring such staff in t...

March 8, 2018

Brexit will with near certainty affect the way VAT is applied on cross border transactions between the UK and the remaining EU countries. The exact form this will take may take years to unravel.

Brexit may allow for greater flexibility in VAT policy design for the UK Go...

Please reload