Consulting companies have noted an increase in requests from the IT business to open representative offices in the UAE, India and the CIS countries. Last year, the demand was more about relocation, opening of representative offices to retain employees and ways to circumvent sanctions, but now it is more motivated by the search for new clients and partners, Kommersant writes with reference to Kept.
According to Yakov & Partners, across all domestic industries, the growth in demand for assistance in opening representative offices abroad in 2023 amounted to 50-60% year-on-year.
Experts warn of certain risks in emerging markets. Sometimes it can be difficult to open a legal entity, bank account, rent premises, etc. At the same time, first of all, you should not forget that this is a competition with local or international players.
Author:
karina pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
