Doing Business in the USA, SNABC (Virtual Seminar)
18 November 2021
Could exporting to the US be good for your business?
The USA continues to be Scotland’s top international trading partner with around 17.1% of all exports entering the United States, worth £5.5 billion. The USA’s size alone, covering four time zones across 50 states and vast cultural differences across regions, means it has to be treated as a series of regional markets, with different characteristics and business practices. Come meet USA trade experts for a virtual ‘whistle-stop’ tour of Scotland’s top export destination. As we steer out of a COVID-19 world, the Scottish North American Business Council (SNABC) is offering the opportunity for advice on your products and services. You will also gain practical tips and guidance which will help you to set up, grow and develop your business from those who have made that journey and continue to do so.
This SNABC event, delivered with partners including, Dentons, Scottish Enterprise and US Consulate Edinburgh and USTAXFS will offer a quick, practical introduction to international trade opportunities in the USA. Significant opportunities exist for Scottish firms across a range of key sectors, spanning: Life sciences, Electronics, Technology, Financial Services, Food and Drink.
Discover how your business can take advantage of opportunities, and what support is available, to help you with a mix of knowledgeable advice from an expert panel, including Nora Rothrock, and Q&As.
Date: Wednesday 18 November 2021
One-to-one meetings to follow.
Location: Virtual (login details upon registration)
Cost: Free to attend
Join us to:
- Gain valuable insights from US market specialists
- Find out about the support available to help you expand into the USA
- Listen to informative panel discussions, ask questions and get essential information on legal and financial issues
- Hear first-hand accounts of US export experiences from successful Scottish companies
- Arrange a one-to-one meeting with an expert to discuss initial ideas and first steps
Did you Know?
Fact SevenThanks to FATCA banks must disclose their American account holders to the IRS or local tax authority.
Fact SixThe IRS is actively looking for non compliant US persons.
Fact FiveIt takes an average of 16 hours to do IRS Form 1040.
Fact FourThere are over 500 IRS tax forms.
Fact ThreeSince 1916, illegal income has been taxable.
Fact TwoUS persons must file tax returns no matter where they live and work.
Text One7 million Americans abroad
only 500,000 compliant