Many organisations confront a variety of issues and challenges when entering international markets and also when coming into Australia. To ensure you maximise your efficiencies when doing business in the global arena Pilot have a dedicated team of specialists in our International Services Division.
When doing business internationally it is imperative your tax affairs are structured correctly. Conducting international business through the wrong structure can result in double taxes by the time monies are returned to the business owners. For example, worldwide tax rates totally, say, 63% can result if care is not exercised. Pilot's expert Taxation Services Group understand these issues and can help you around these tax traps by acting in conjunction with our International Nexia network.
More and more businesses are interested in cross-border transactions and it is imperative to have access to a broad international network and on the ground advice when doing business globally.
Pilot is a member of Nexia International, a network of independent accounting and consulting firms in 95 countries, placing Nexia within the top 10 international networks. By sharing our knowledge with its members, it benefits our clients who are involved in cross-border transactions.
Pilot maintains these relationships with delegates in other countries so that we can easily work as a project manager in Australia or if the business is based in another home country we can work hand in hand with their project manager.
For businesses operating across international borders, it is imperative that structuring advice consider both the local and home jurisdictions. Although Australia has extensive double tax agreements, domestic shareholders can often find that profits sourced in foreign jurisdictions are double taxed without foreign tax credit relief. Structuring your international interests requires proper planning and expertise which Pilot can provide.
To assist
our clients incorporate and maintain efficient structures in their international transactions, we offer the following services:
- Determining and advising of tax residency
- Advice regarding your move to Australia and the implications involved, such as Australian and offshore income, assets, and income & gains accumulated in foreign entities
- Advice regarding expatriate taxation
- Structuring Australian and offshore operations to maximise your taxation efficiencies
- Australia as a holding company / management hub of Asian operations
- Business and personal immigration, both onshore and offshore
- Expertise in transfer pricing, thin capitalization, controlled foreign companies and foreign investment funds
- Australian companies make up 25% of the foreign companies on the Alternative Investment Market (AIM), a subsidiary of the London Stock Exchange. Pilot has successfully listed a company on the AIM in four weeks. A record for any market in Australia.
If you or your clients are involved with cross-border transactions our International Services team can provide you with the right solutions and peace of mind when doing business internationally.