Case Study: UK expansion of US vegan food business

RSM supported a Minnesota, USA headquartered, vegan food company with the setup of their 100% owned UK subsidiary, as well as with ongoing compliance. The company were already making royalty sales for their products in the UK, and were looking to expand these operations, as well as sell into the EU and APAC. They had specific queries around VAT and Customs Duty, in relation to the movement of goods into and between the UK and EU. They also wanted to hire 4 UK employees initially in their Sales and Operations teams. The RSM team in the UK provided Company Secretarial, HR advisory, Payroll, Outsourced Bookkeeping, Accounting, Corporate Tax, Employment Tax and VAT services to the UK subsidiary. All these services were delivered by our local team in the UK, who were working directly with the client’s VP of Finance and Financial Controller, based in the US. The client is now successfully trading in the UK and EU, with the continued support of RSM UK.