Without a local bank account, expansion is pointless. How to open one? And when to set up a Ltd.?
- 8/18/2021
- Setting up a Bank Account
- Expandeco
Setting up a local bank account is not mandatory when expanding an online store and so the benefits of a local account are overlooked. How to deal with VAT registration in a given country and when is it worthwhile setting up a new Ltd. abroad? It is often the little trifles that determine the success or failure of an online shop in a given country. Think about them. Mastering these trifles will catapult you into the saddle and make scaling easier.