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by refrigerator 600 days ago
We started as a US company in 2019 to make fundraising easier, and I think this did have a material impact. It's operationally quite annoying, but chances are that we would have had to do it eventually, to efficiently employ US people without paying Deel extortionate fees
1 comments

Thanks! Any tips for optimising the operational process? Most impactful thing that you did to reduce friction?
If you want to do it properly you need to setup an inter-company loan agreement, transfer pricing, you need accountants and tax specialists for both UK and US, ... so the costs will definitely be significant. I don't think there are any shortcuts. Ideally, you find an accountant that is familiar with this setup.