03 Nov Business networks
The establishment of business networks abroad, conceived to enhance the innovation capacity and competitiveness of companies in the market, represents a legal strategy that is increasingly used in the context of business internationalisation, since it ensures cohesion of purpose between the various companies and joint economic/business efforts.
In practice, business networks are entitled to share the following:
- manufacturing and marketing programmes
- a common brand
- websites to activate e-commerce sales
- joint software to manage accounting, certifications, customs documentation, etc.
Through network contracts, we can achieve significant benefits with regard to the reduction of the tax burden imposed on the target fund of the network.
In fact, a partial exemption of the profits allocated by the companies is planned, which are to be used in the shared business project.
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