Widespread misperceptions exist in terms of foreign firms establishing new operations in the United States. We hear it all. Product liability claims. It’s expensive. The process is too complicated.
While there are processes to follow, requirements to meet, and some cultural differences to overcome, in reality, the United States is still one of the best places in the world to set up operations. The World Bank actually rates 189 countries each year, and the United States is rated No. 8 in the world for ease of setting up operations.
This week in In Process, Yelena Epova, partner-in-charge of International Services at Aprio; and Karen Weinstock, managing attorney at Weinstock Immigration Lawyers, discuss: