Advice

Still there is nothing like getting to know people in person

Would it make your day if your foreign partner whose supplies make your core business invited you to a dinner party? Do you try to get hold of a potentially useful guest at a presentation reception? Do you try to get acquainted with a popular journalist? You will probably answer ‘yes’ to most of these questions. The same logic should be used when establishing business relations with attorneys-at-law, professional directors, bankers, and auditors, who will provide services, prepare financial statements and operate the bank accounts of your foreign companies. Their competence, responsiveness and, generally, professionalism will determine the success of your business. And if you don’t establish business contacts with them from the very start, you expose your business to a certain level of risk, just as if you were to disregard the technical condition of your car.