The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  • Please Leave the Politics to CNN and FOX.
    Just a reminder that political topics/memes are prohibited, unless discussed within the realm of business and investment, for example, the impact the new Treasury Secretary might have with BTC. Please help keep the forum free of politics. (And I promise to do better myself!)
  • Join 60,000+ entrepreneurs who are earning their freedom and living their dream.

    "Fastlane" is an entrepreneur discussion forum based on The C.E.N.T.S Framework outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED®). From multimillionaires to digital nomads to side hustlers who are grinding a job, the Fastlane Forum features real entrepreneurs creating real businesses with one goal in mind: Freedom— both financial and temporal.

    Download (Unscripted) Download (Millionaire Fastlane) Register
    Registering for the forum removes this block.

How to set up multinational business?

Remove ads while supporting the Unscripted philosophy...become an INSIDER.


Gold Contributor
Speedway Pass
Oct 8, 2017
The basic concept I'm trying to get some pointers on is this:

Let's say I'm based in the US, and I provide accounting services.

I grow, and I decide that certain back-office purely paperwork functions could be done by lets say Mongolians, for about the same reliability and half the price.

How do you normally execute this? Let's say I don't want any middlemen involved because I want full control, no middleman losses, and expect to scale the operation rapidly.

Thoughts on potential ways:
  • You just contract them online i.e. as freelancers. You send them paperwork and Paypal money, they send back processed paperwork. Don't know if there's any legal/regulations dogshit involved in doing this, like you're "importing" something, or you just treat it as a plain expense like buying paper.
  • You somehow hire them as permanent employees? I assume this is impossible as they're not US residents or whatever, even though they're not required to be in the US, they're working for a US company so it's a no no?
  • You incorporate a company in Mongolia, which in turn then hires them as permanent employees. I assume this is the way it's done "for real". This then poses a bunch of other questions:
    • How does this relate to your US business? Does it "own" that company? Do you own both of those companies, and then just pipe money/resources between them using contracts between them? No idea where to start in researching this.

If anybody has tips on websites/blogs etc that might be down this alley, give us a tip. Cheers.

Don't like ads? Remove them while supporting the forum. Subscribe.


Read Millionaire Fastlane
Apr 20, 2018
United States
The answers to your questions are going to vary wildly depending on what country these workers are located in due to labor laws and regulations on foreign ownership and investment.
For decades, IT stuff has been outsourced to India (this seems to be shifting to SE Asia). Perhaps you can look into companies already doing this and see how they're set up?

Another thing to consider are the living and working conditions in these countries. This is important if you're trying to hire freelancers to do the work. If what needs to be done can be accomplished by someone with a laptop and a free wifi connection, freelancers might be the way to go, but retention of this kind of 'employee' may be problematic. And in many places, theft of equipment is a big problem.

The good news is there are many places where a foreigner can set up and own 100% of a business, and renting space in a safe area with good internet connectivity can be really cheap.

Sponsored Offers

  • Sticky
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Yeah, your youtube channel is incredible and all the videos I have seen so far are really great...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
Finally! I just launched a short story on Kindle (FREE if you have Kindle Unlimited)! After...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
I planned to make a separate post for this video but it is useful here as well for anyone...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Last promo of the year.. Get the training you need now or miss it. Promo Code: FINALHOUR...
  • Sticky
MARKETPLACE Kill Bigger Incubator
UPDATED POST: Hey Guys! I wanted to give a quick update on what this program has become. In...
  • Sticky
MARKETPLACE Grow Your Business With a Book (An Unorthodox Marketing Strategy That Built One of the Largest...
Are you looking for a new, lesser-known but potentially very lucrative source of leads to your...

Forum Sponsor


Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom