Business is increasingly facing the challenges of a global economy. Most recently in Canada, the substantial rise in the value of the loonie has exacerbated the challenges to manufacturing and other export driven businesses. Canadian business has responded remarkably well by developing partnerships in lower cost countries for core supply, while maintaining facilities at home to handle hands-on, value-added, custom and just-in-time services.
Establishing business, building relationships and negotiating partnerships in foreign jurisdictions present several challenges that the local business professional is unlikely to have experience in, such as:
- Foreign business, social and cultural climate
- Legal and regulatory framework and managing advisors in multiple jurisdictions
- Global corporate and tax structuring
- Language
MCC Partners have conduced advisory mandates throughout the world, including South and East Asia, Western and Central Europe, South America and of course throughout North America. Consequently, we are able to offer cross-border advisory services to our clients clearly, in plain English based on personal experience. As with all our business, MCC Partners provide senior partners who have been in the role of our clients, who are empathetic to the tasks before them and offer constructive and practical guidance.
In assisting clients in cross-border business, MCC Partners offers a number of services:
- Country reports including political, economic, social and technological overviews of your target country or region
- Introduction to the trade missions and government people on the ground for support
- Introduction to potential business partners, local and foreign
- Negotiation and structuring of transactions which comply with local regulations and minimize business risk
- Selection and management of appropriate legal counsel and tax advisors
- Assisting in organizational and governance structure to ensure proper oversight and compliance with the underlying business principles of the arrangement
Please contact MCC Partners with any queries you might have about your cross-border challenges. |