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Cost Plus agreements generally apply to a foreign startup, or to a cost centre. This may be Research and Development (R&D), sales and/or customer support where sales revenues are not booked in the local entity. In this type of agreement, the foreign subsidiary is guaranteed a profit regardless of the profit position of its parent.
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The Cost Plus agreement must be drafted to be robust from both a legal and tax viewpoint. For example, it must define all costs that come within the Cost Plus formula. A company’s sales and customer support processes need to be covered in detail. For these reasons, it is imperative that the Cost Plus agreement is always customized to a company’s specific situation.
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Taking a prior existing agreement from your last company and “cutting and pasting” it for your current company is fraught with risk. Nair & Co.’s specialists ensure that the agreement a company creates is robust and well supported and, if need arises, can offset even the most stringent tax investigation.
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Award-winning Nair & Co. offers an integrated one point of contact solution to better protect you and your company. By using us, you can rest assured that finance and administration support to your foreign operations is provided efficiently and you operate safely abroad. We are an independent self-sustaining service provider with no links to, or investments in us, by sensitive third-parties such as your bank!
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| Global Offices |
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Nair & Co. Difference |
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| Nair & Co. operates in 40+ countries with currently over 700 operations globally. Our offices are located in the U.K., India, China, U.S., Japan, and Singapore. For our global offices directory, please visit Global Offices area. |
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| U.K. |
+44 (0) 117.929.9661 |
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| U.S. - Sales |
+1 408. 515.6887 |
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| U.S..- Admin |
+1 239. 948.9820 |
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| E-Mail |
info@nair-co.com |
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