Treasury & Forex Management
Foreign exchange is an often hidden cost for companies establishing and expanding into the EU.
Typically, in its early growth phase, your EU based entity will be reliant on funding from its US parent for an extended period or, until it is generating a sufficient cashflow locally.
This funding from overseas carries a sizeable foreign exchange cost, particularly so, if it is over an extended period.
If you plan to sell services and goods in the EU in US Dollars but you incur costs in Euro, then you will have a foreign currency exposure. This FX exposure can be significant, if not carefully monitored and managed. Our Forex and Treasury Service minimises these FX costs for you.