Going Global With Praxity

Whether you are a UK start-up looking to launch or expand in a foreign market, or an overseas company that wants a financial pied-à-terre in the UK, expanding internationally is a key stepping stone for many ambitious businesses, particularly those operating in the increasingly borderless world of tech.

Through Praxity, our global alliance, we are able to connect you to trusted financial partners from all corners of the globe, with the assurance that they have been carefully vetted and selected as trusted members for their best practices and track record.

How Praxity helps you

Working across borders, by choice or by necessity, has been both an opportunity and a challenge for many of our clients ever since we started Finerva.

Business owners, as well as private individuals, often ask us to connect them to trusted colleagues in the EU, North America, Australia and many other locations worldwide to look after their financial or tax matters according to local laws and regulations.

Our Praxity membership now allows us to consistently deliver the best specialised, local advice to our globe-trotting clients.

Setting up business activities abroad

Whether you are looking to expand in a new market or to manage risks and different regulatory environments, setting up a subsidiary in a foreign country or jurisdiction is more and more common—especially for trail-blazing sectors that lack international regulatory bodies and frameworks.

Through our Praxity contacts we can support you in setting up a foreign subsidiary while still working seamlessly to manage your cross-border transactions and financial operations.

Tax residency

Staying compliant with local tax regimes while relocating can be challenging, especially with holdings in multiple countries and with the stress that moving already involves. Our Praxity allies can advise you on personal and business tax matters in 120 countries around the world.

Cross-border M&A

Many successful start-ups and scale-ups look abroad for potential merger and acquisition targets and buyers. Ensuring thorough due diligence, lean corporate structuring and efficient tax-planning across borders can be extremely challenging when the advisors on both sides aren’t working in synergy.

Our Praxity membership ensures direct access to trusted firms all around the world, with a deep presence in the most active M&A markets for tech, biotech and tech-enabled businesses such as the EU, North America, China, India and Australia.

Setting up shop in the UK

Our Praxity contacts trust us to help their clients establish a UK presence through a local limited company, subsidiary or permanent establishment, granting them a foothold in the British market.

We guarantee them the same professionalism, transparency and care that our UK clients know us for looking after their corporate structuring, accounting, tax, VAT and employment, while also making sure that they benefit from advantageous UK schemes such as EIS, SEIS and R&D Tax Credits.

About Praxity

Praxity is the largest professional services alliance in the world with a combined turnover of US$10.9 billion. We unite over 85,000 people in independent professional audit, tax and advisory services firms in over 120 countries.

An alliance of handpicked, likeminded member firms which operate independently and are united by a shared commitment to high quality client outcomes and personal care.

Every client matters to every member firm and is connected with care to the solutions they need. Praxity member firms collaborate to find the right solutions for their clients, with the freedom to choose the right partner and work in the way that’s best for their firms and their clients.

Unity is at Praxity’s core: run on relationships, people-first, underpinned by seamless collaboration, communication and processes, and truly global capabilities with local knowledge.

Through a modern delivery model, clients of Praxity member firms get access to quality auditing, tax, accountancy and advice with personal dedication to client delivery excellence. Praxity firms stay connected providing stability and continuity of service excellence to clients.

Praxity does not practice the profession of public accountancy or provide audit, tax, consulting or other professional services. Services are delivered by member firms, which are independent separate legal entities. The Alliance does not constitute a joint venture, partnership or network between participating firms and Praxity does not guarantee the services or the quality of services provided by participating firms. Praxity is not a ‘network’ within the meaning of the IESBA Code of Ethics. Praxity is organised as an international not-for-profit entity under Belgian law with its registered office in Belgium. Praxity has its registered administrative office at Suite 2, Beechwood, 57 Church Street, Epsom, Surrey KT17 4PX, UK. which is operated under Praxity – Global Alliance Limited (company number: 07873027), a limited by guarantee company registered in England and Wales.