Foreign Owned Subsidiaries
We act for a number of UK entities with Foreign Corporate ownership and provide all of the back office function and compliance to meet UK regulations.
This allows Foreign Companies to trade in the UK, form companies, employ staff and operate without worrying about the necessary legal and regulatory requirements.
DRG acts for companies owned in China, USA, Canada, Australia, Cayman Islands, India, South Africa and throughout the EU. If you are thinking abot setting up in the Thames Valley or the UK, please do get in touch with Daniel Reid.
Parthos BV is a specialist manufacturer of moveable walls and specialist interiors with operations throughout Europe, Malaysia and China. They wanted to access the UK market and asked us to help. We advised on setting up a UK Company and on getting an office along with recruiting staff. We manage the book keeping, financial functions, treasury function, sub contractor scheme, VAT, tax compliance, payrolls, Company Secretarial, HR and all related matters along with providing business advice and what if scenario planning.
NIIT limited is a global computer educational company, which is listed on the stock exchange in India. The company provides training for individuals, enterprises, schools and colleges. It has a presence in 40 countries worldwide.
DRG has provided business advice and accounting services to NIIT since it first started its operations in the UK in 1998. We currently provide audit and assurance services to the UK subsidiary, NIIT limited. We report to the parent company’s auditors within a tight reporting deadline and provide other ad hoc business advice on VAT and cross border transactions throughout the year.
To arrange a complimentary meeting to discuss setting up a subsidiary or branch in the UK or your local accountancy, tax planning and business advisory needs, please telephone 01628 760 000.