The food industry operates in a complex regulatory environment posing unique operational challenges. But it also offers opportunities for tax credit optimization that might not be on your radar — especially if you’re a foreign company new to conducting business in the U.S. While food manufacturing and distribution companies are focused on maintaining quality, meeting compliance requirements and managing tight margins, substantial industry-specific tax credits may be going unclaimed, including:… Read More
Strategic U.S. Entity Selection for Foreign Food Companies
Thanks to factors like changing consumer preferences, increased demand for healthier foods and the popularity of premium indulgent treats, the U.S. food and beverage market continues to grow, with a projected annual growth rate of 6.34% this year. That makes U.S. expansion an attractive proposition for foreign food manufacturers and distributors. But successfully entering a new market requires strategic entity structuring that balances tax optimization and asset protection. To avoid… Read More
Lost in Translation? U.S. Employment & Compliance Laws for Foreign Food Companies
Foreign food manufacturers and distributors expanding into the U.S. market face complex employment regulations that often differ widely from their home countries. Here’s a summary of the most common employment and payroll compliance laws we’ve found foreign entities must navigate: Employment authorization. U.S.-based employees must provide you with original documents proving identity and work authorization within the U.S. Employers must then complete a Form I-9 for each employee within three… Read More