As your company grows, you might find that you need to establish local payroll, employee benefits, and other crucial operations in a new jurisdiction. You might even need to start a local incorporation procedure. You must open a bank account in order to do this, which can be a challenging and time-consuming process, especially in an international market.
At Dedserve, we can provide bank recommendations and help you open local bank accounts. We can also provide banking requirements advice, covering aspects that international institutions might not be able to provide owing to linguistic or regulatory constraints.
We can also offer cheque signatories and manage local bank accounts in your name as part of an accounting or administration service. We might be able to provide a local trust/client money bank account handled on your behalf as part of an accounting or administration service if you don’t already have one in a particular country.
Working internationally may need the use of an accounting solution with globally coordinated processes and controls.