Corporations expanding across international borders must deal with a multitude of challenges, and finding experienced, knowledgeable independent and non-executive directors to help with ongoing governance and oversight can be one of the biggest.
Appointing a local director is also often a requirement for substance – even though entity types, and the regulations controlling them, differ around the world and across industries.
But having qualified and experienced local directors can be invaluable for your overseas entities. Not only will they help keep you in compliance, they’ll provide advice and guidance on the local business fabric, local authority operations, best practice in the region, and can even make introductions.
You need to source competent, connected, experienced and trustworthy local directors to help you and your business succeed. But how do you find the right director when you’re new to a country?
Auxadi can help.