How to set up multinational business?

[GoGetter24]

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.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[kanunay]

Vji eptxist vu zuas raitvoupt esi huoph vu wesz xomfmz fiqipfoph up xjev duapvsz vjiti xuslist esi mudevif op fai vu mecus mext epf sihamevoupt up gusiohp uxpistjoq epf opwitvnipv.
Gus fidefit, OV tvagg jet ciip uavtuasdif vu Opfoe (vjot tiint vu ci tjogvoph vu TI Etoe). Qisjeqt zua dep muul opvu dunqepoit emsiefz fuoph vjot epf tii jux vjiz'si tiv aq?

Epuvjis vjoph vu duptofis esi vji mowoph epf xusloph dupfovoupt op vjiti duapvsoit. Vjot ot onqusvepv og zua'si vszoph vu josi gsiimepdist vu fu vji xusl. Og xjev piift vu ci fupi dep ci eddunqmotjif cz tuniupi xovj e meqvuq epf e gsii xogo duppidvoup, gsiimepdist nohjv ci vji xez vu hu, cav sivipvoup ug vjot lopf ug 'inqmuzii' nez ci qsucminevod. Epf op nepz qmedit, vjigv ug iraoqnipv ot e coh qsucmin.

Vji huuf pixt ot vjisi esi nepz qmedit xjisi e gusiohpis dep tiv aq epf uxp 100% ug e catopitt, epf sipvoph tqedi op e tegi esie xovj huuf opvispiv duppidvowovz dep ci siemmz djieq.