Welcome to Menzies’ US desk. It is no surprise to learn that the US is the single largest export customer for British goods and services. Conversely, the US provides the number one source of investment into the UK.
We can support both US business trading in the UK and UK firm doing business in the US. We have provided an outline of our services below, although we would be more than happy to have an initial conversation with you to discuss how we can help you.
USA businesses trading in the UK
From initial consultancy advice, and discussions about business models, through to set up and on-going support, our dedicated team works with many US companies to help them successfully conduct their business in the UK.
We recognise that trading in a new country can be daunting, so we have brought together an extensive range of services that makes this process easier for you. Our approach is based on practical experience, and as a first step you may find it useful to take a look at our guide, as well as our essential checklist, for setting up in the UK.
Please do get in touch with us as we would welcome the opportunity to discuss your business requirements and exactly how we can help you in the UK.
We have offices across London and the South East of England, close to Heathrow and Gatwick. Our connectivity in the local market also enables us to make suitable introductions to external service providers such as banks, lawyers, immigration and insurance agents.
Doing business in the US
The US remains the largest economy in the world and is particularly attractive for UK companies, given the mutual language, common history and special trade relationship.
Through our membership of HLB International we work with professional advisors throughout the US.
We have experience with clients setting up successful operations in a host of locations, from Boston and New York on the East Coast, from Seattle down to Los Angeles on the West Coast and many places in-between. Our experiences enable us to assist UK businesses in a variety of ways, including:
- Exporting goods and services to the US.
- Expansion of trade into the US.
- Structuring the cross-border operations.
- Co-ordinating and liaising with appropriate contacts in the US.
- Selection and implications of using various US entities.
- Advising on funding and foreign exchange decisions.
- Implementing transfer pricing policies and arrangements.
- Repatriating profits back to the UK.
Our relationship teams provide a single point of contact, with access to a full suite of solutions including:-
Our Outsourcing team provide full solution support on UK cloud software, or your own systems.
Preparation of employment contracts, handbooks, overseas visitors and local resourcing.
PREPARATION OF VAT RETURNS
Prepared on a quarterly basis, supported as appropriate with EC Sales and Intra-stat reports.
PREPARATION OF CORPORATION TAX RETURNS
Local compliance, supported with QIPs, ATED and CBC Reporting declarations.
Usually payroll in the UK operates on a monthly basis, with mandatory pension requirements.
PREPARATION OF STATUTORY FINANCIAL STATEMENTS
Compliance support, combined with group reporting.
COMPANY SECRETARIAL SERVICES
Maintenance of local registers, filings with the registrar.
UK audit requirements are based on group size. Our teams regularly audit UK subsidiaries of global enterprises.
INTERNATIONAL TAX SUPPORT
Our specialist teams can also provide International Tax support including:-
- Transfer Pricing / Valuations
- Advice regarding Intangible and Patents
- VAT/Duty classifications
- Employment taxes
What our clients say about us
“Menzies has been a great partner for us and our UK entities.”US multi-national expanding into the UK
“We have found the international tax services provided by Menzies to be outstanding and your team is very responsive.”Partner – US International tax service group
“I would like to take this opportunity to express my appreciation for the support and good service by the Menzies international tax team… the quick and clear assistance is greatly appreciated.”Partner – US global services company
Contact Menzies UK Desk
To speak to a partner or for more information about the services we offer please contact one of the Menzies LLP offices or complete the contact form below.