International Tax

As the global economy continues to expand, the need for even small businesses and start-ups to engage the services of an international tax advisor becomes apparent.

With the advent of the global economy came the chance for businesses to expand their operations overseas. Even small businesses and start-ups have the chance to sell their goods and services in international markets through globally available platforms such as eBay and Amazon.com. When they do, they encounter the same cross-border tax issues as huge multi-national corporations. The international tax advisors at Economos have both knowledge and experience in both Australia’s international tax system and its network of double tax agreements—all of which can help your business do business all over the world. Together with their wide network of global partners, our team ensures that you will have the proper advice about the tax implications of cross-border transactions and business operations.

International Tax Advisory by Economos Chartered Accountants

Whether you want to expand your business overseas, invest overseas, or are a foreign business who wants to expand to or invest in Australia, Economos’ international tax accountants can advise you about tax issues wherever you go in the world. With a wealth of international experience that ranges from large hedge funds from the US to SMEs or SMSFs that invest in US properties, we can find the right tax solution for you and your business. The Economos international tax accounting team can also advise you on solving residency challenges. We offer pre-departure planning for Australians who want to relocate overseas, as well as pre-arrival planning for foreigners who want to relocate in Australia. Part of that planning includes advising our clients about how their individual tax residency affects the residency of companies, trusts, and other controlled entities. We provide advice on our clients’ eligibility for Australia’s temporary resident regime, how cross-border employee share schemes’ taxation works, and the relief availability of double tax agreements.

• International Tax Advisory
• Double Tax Agreements
• Businesses Expanding Overseas
• Investing Overseas
• Businesses Expanding into Australia
• SMEs Expanding Overseas
• Cross-Border Employee Share Schemes
• Individual Tax Residency

At Economos, our international tax specialists focus on advising Australians expanding their businesses or investing overseas, as well as foreign businesses expanding into Australia. If you are a foreign client, we can help you set up your Australia-based business with a tax-effective structure that minimises double taxation. Since Australia’s tax laws are complex—even for Australian businesses—we can make sure your business complies with all our local tax laws and lodgement requirements, including withholding tax. We’ll also implement tax-effective profit repatriation, and provide advice on international restructuring, if needed. We’ll advise you on residency requirements for tax purposes and other residency matters. Whatever your business needs to expand its reach into Australia, the international tax advisory team at Economos can make it happen.

For Australian SMEs expanding overseas, as well as other companies who want to invest or expand their reach to overseas markets, our team has a network of international partners who can walk you through the often complicated web of your target country’s tax statutes. We also can assist you with cultural differences, language translation, and residency requirements there so you can get your business off on the right foot from the start. If you’re an Australian business who deals with international suppliers and buyers, we can also help you sift through all the tax requirements on both sides of the ocean.

What Is an International Tax Advisory?
Benefits of an International Tax Advisor
Why Engage Economos to Handle International Tax?

International tax advisory is an accounting tax team which helps their clients understand and comply with the tax requirements in whatever country they wish to do business in. Whether it is a foreign company who wishes to expand to Australia, do business with Australian customers or sellers, or simply invest in Australia, an international tax advisory can help that business understand Australian tax law, make all the necessary arrangements, and comply with all the reporting requirements, including lodging taxes. Most international tax advisors also help foreign businesspeople with relocation advice, including residency, language, and culture issues. The international tax advisory also helps Australians who want to expand their business overseas, do business with foreign companies, or invest overseas with all the requirements on both ends—in Australia and in the other country.

Without an international tax advisor, businesses could not take advantage of the growing global market. Since each nation has widely varying tax laws, businesses need an intermediary who can walk them through all the steps it takes to expand their business into another country. Even investing in a foreign country requires a knowledge of the tax implications in both the investor’s home country and the other. An international tax advisor can also find translators for tax and other business documents, introduce the business owner to local officials, help recruit employees, and fill out all the paperwork necessary to prepare for and lodge taxes and other required reports. International tax advisors in a business’s home country often partner with other accounting firms in other countries around the world to provide service to their clients wherever they want to expand.

With an extensive knowledge of Australian tax codes and an international network of tax professionals in other overseas countries, Economos is best positioned to help Sydney businesses and investors expand their interests overseas, as well as foreign investors who want to expand into Australia. We offer a complete range of services ranging from assistance with calculating and lodging taxes to double tax agreements, cross-border employee share schemes, and individual tax residency. We have tax professionals who speak a variety of languages, including Chinese, as well as a network of translators who can help businesses expand their interests throughout the world. Contact us today to learn more.