Deciding between setting up a local office or using a representative office is a big step for any business. Each option has its own set of benefits and challenges. A local office gives you full control and a strong presence in the market, but it comes with higher costs and responsibilities. On the other hand, a representative office is easier to manage and less expensive, but it limits your business activities. This article will help you weigh the pros and cons so you can make the right choice for your company.
Key Takeaways
- Setting up a local office offers full market access and control but is costlier.
- Representative offices are easier and cheaper to establish but limit business activities.
- Consider legal, tax, and cultural factors when deciding between the two.
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Setting Up a Local Office vs. Using a Representative
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