Frequently Asked Questions (FAQs)

Everything you need to know about global expansion, legal entity setup, and ongoing compliance.

What does Cerity Global do?

Cerity Global supports companies in their global expansion plans and helps to establish and scale their operations internationally. We specialize in:

· Legal Entity Setup: Incorporation, registration, and bank account set up.

· People Operations: HR support, drafting employment agreements, payroll system implementation, and benefits setup.

· Compliance Support: Accounting system setup, tax, and legal compliance support.

What are the key steps to establishing operations with Cerity Global?

Cerity Global follows a proven framework to help companies expand globally. The key steps for include:

· Entity Incorporation: Our incorporation services are tailored to your business model and needs.

· Registration: Includes registration for income tax, payroll tax, and mandatory benefits.

· Bank Account Setup: Opening a corporate bank account to facilitate payroll and financial transactions.

· HR Support: Implementing local HR policies enables effective recruitment, employee onboarding, integration, and drafting of locally compliant employment agreements.

· Payroll Support: Localized payroll systems setup, ongoing management, tax filings, and statutory contributions.

· Accounting Support: Systems implementation, O2C, P2P, R2R, GL management.

· Tax Compliance: Income and indirect tax filings, mandatory and statutory benefits setup, company law compliance, corporate law compliance.

What is the importance of direct hiring in international markets?

Choosing to hire directly through a legal entity with Cerity Global, rather than relying on PEO models, helps businesses establish:

· Credibility: Builds long-term presence

· Compliance: With labor laws, tax rules, and benefits regulations

· Cultural Integration: Availability of better resources and alignment between local teams and global HQ

What ongoing support does Cerity Global provide?

Cerity Global’s ongoing support ensures your business stays compliant and operational even after the setup:

· Comprehensive payroll and benefits administration

· Dedicated accounting and bookkeeping services

· Vigilant compliance with tax filings and corporate governance

What do you need to set up and establish operations?

To set up and establish operations in a new country, companies must meet various legal steps, such as:

· Entity incorporation

· Registrations (income tax, payroll tax, mandatory and statutory benefits)

· Bank account setup for payroll processing, and local transactions

· HR support for employment contracts and onboarding

· Localized payroll systems setup, ongoing management, tax filings, and statutory contributions

· Accounting systems implementation, O2C, P2P, R2R, GL management

· Optional PEO model as an interim hiring solution while your entity incorporation is being finalized

What do you need for ongoing support?

After the incorporation, your business is operational, and ongoing support services are essential to maintain everyday compliance and manage local teams effectively. We provide:

· HR Advisory: Ongoing support with local labor law updates, onboarding, policy guidance, and employee relations.

· Payroll Administration: Managing employee salaries, tax deductions, and filings according to local guidelines.

· Benefits Administration: Handling statutory and supplemental benefits, including enrolment, renewals, and compliance.

· Accounting Support: Maintaining accurate financial records, ensuring all required filings, registrations, and processes remain up to date.

· Tax Compliance: Ongoing tax compliance in all countries of operation.

What do you need for annual compliance?

To meet annual legal obligations, companies must ensure proper reporting and filings, which typically include:

· Statutory Financial Statements: Preparing and filing annual financial statements in agreement with local accounting standards.

· Company Law Compliance: Ensuring compliance with corporate governance requirements, such as board resolutions, shareholder meetings, and corporate secretarial duties.

· Corporate Tax Compliance: Manage advance tax payments based on estimated income and prepare and file corporate tax returns in accordance with local law.

What are global expansion services?

Global expansion services help companies expand globally into new markets by managing legal, operational, and compliance processes.

What does global expansion entail?

Global expansion entails the strategic process of a business extending its operations and presence beyond its domestic market into international markets. The process involves:

· Entity incorporation and registration (income tax, payroll tax, statutory benefits)

· Bank account setup

· Ongoing HR and payroll support

· International accounting services

· Tax and compliance support

How long does entity incorporation typically take?

The entity incorporation timeline varies by country and takes anywhere from two to twelve months. This depends on the local bureaucracy, banking rules, and documentation requirements. Cerity Global provides a clear roadmap and handles the entire process from incorporation to operational readiness.