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UK manufacturing can benefit from relocating to, or sourcing labour and materials from, emerging markets. Successful low cost sourcing is a key enabler and will significantly reduce costs. However manufacturers face challenges including tax structuring, managing an international supply chain, trading across international political and legal systems and intellectual property rights.
How we can help
We can advise on the best structures to reduce risk, both operative and tax based. We can also give you the opportunity to benchmark against competitors, identify corporate finance ventures and reduce tax liabilities through research and development exemptions.
We can also help negotiate banking arrangements that handle foreign currency which are vital for managing fluctuations in the exchange rate whilst maintaining a healthy cash flow.
If you would like to find out more why not book a free consultation with one of our Client Relationship Managers? Call us now on 0870 770 8111.