Launching and scaling a business in the US can be one of the most challenging, yet rewarding, experiences you may ever have. Four of our clients shared their US journey, challenges, and advice with our colleagues at French Tech Boston. They are France Crespin (Môme Care), Adrien Menard (Botify), Pierre Leurent (Voluntis) and Patrick Tricoli (Nanobiotix).
The COVID-19 pandemic forced organizations to pivot suddenly to a remote workforce at the beginning of 2020. The rush to set up remote work programs has left security gaps that are still actively exploited by cyber criminals. For this reason, data security has become increasingly important, and organizations need to protect their confidential information. Nowadays, data protection should be a critical component of any US business’ data governance.
In response to the economic crisis caused by the Coronavirus pandemic, the U.S. Congress and the U.S. Treasury acted to assist U.S. businesses and individuals, enacting new legislation in 2020 that contained a number of economic stimulus measures. Some of these measures included items that impacted the federal income tax system. Axelia Partners’ tax professionals have highlighted some of the most significant income tax law changes affecting U.S. corporate taxes for 2020.
Non-compete/Non-solicitation agreements, and legal protection of employers’ confidential information, trade secrets & inventions in France vs. the United States
The French and American legal frameworks of non-compete and non-solicitation agreements differs significantly. The same is true of the legal protection of employers’ confidential information, trade secrets and inventions. French entrepreneurs expanding their business in the US should understand these differences to adjust their practices at the time they hire US employees. Patricia Washienko, an employment lawyer in Boston, sheds some light on these disparities.
Part I: Non-compete and non-solicitation agreements in France vs. the US, Massachusetts and New-York
Part II: Legal protection of employers’ confidential information, trade secrets & inventions in France vs. the US
The commercial real estate market in and around major U.S. cities and technology hubs is very competitive, and occupancy is at an all-time high. Foreign companies expanding in the U.S. need to do their homework prior to leasing office space to get the best deal possible.
The Tax Cuts and Jobs Act, passed in 2017, made several significant revisions to the business income tax and brought about many changes for the 2019 tax return filing season.
U.S. sales tax rules are complex and can be confusing for foreign companies selling products and/or services in the United States or planning to do so. European companies operating in the U.S. should have a general understanding of the country’s sales tax rules, as they can lead to significant financial exposure.
Due to cultural and legal differences, job interviews present a few challenges to foreigners who recruit in the U.S. for the first time. Axelia Partners’ Talent Search team prepared a list of questions that you should never ask to a candidate during a job interview in the US, and the ones that will help you uncover red flags.
Axelia Partners’ Talent Search experts have years of experience interviewing job candidates. They gathered their 10 best interview practices that can help hiring managers to go beyond the résumés and canned answers, and select the right employees for the job and the company.