Our Founder and CEO, Akshay Shrimanker, led an accounting and tax workshop for Slovak technology founders participating in a startup program hosted by SOSA.
As more international startups expand into the U.S., founders face an added layer of operational and compliance complexity. This session focused on giving early-stage teams practical clarity on the financial and tax considerations that come with entering the U.S. market.
Key Considerations for Foreign Founders
Akshay walked through the most common questions founders ask when establishing a U.S. presence. A major focus was on how legal entity selection impacts tax treatment, ownership structure, and long-term flexibility. Choosing the right structure early helps companies avoid costly restructuring later.
The workshop also covered intellectual property ownership and transfer pricing considerations, both of which become especially important for companies operating across borders. Founders gained insight into how intercompany relationships are evaluated and documented under U.S. tax rules.
From a compliance perspective, the session outlined core U.S. tax reporting requirements for foreign-owned startups, subsidiaries, and parent entities. Understanding these obligations early helps founders avoid costly penalties and build with confidence.
Building the Right Financial Foundation
Beyond tax, the conversation expanded into finance and operations. Founders explored common accounting vendors and tools used by U.S. startups, along with an overview of U.S. GAAP financial reporting standards and what investors typically expect to see.
Akshay also highlighted valuable incentive opportunities, including how qualifying companies can leverage the R&D tax credit to offset payroll taxes and extend runway.
We’re grateful to the team at SOSA for hosting such a strong program and bringing together an ambitious group of founders building across borders.
Expanding into the U.S.?
Entering a new market comes with financial, tax, and operational decisions that are easier to navigate with the right guidance.
Book an intro call with our team to talk through your expansion plans and compliance roadmap. You can also explore our Cross-Border Taxes page to see how we support international founders building in the U.S.
Disclaimer:
The content provided on this blog is for general informational purposes only and does not constitute professional accounting, tax, or legal advice. Reading or accessing this material does not create a CPA-client relationship, nor should it be construed as a substitute for individualized guidance from a qualified professional. While we strive for accuracy, Shay CPA PC makes no warranties—express or implied—about the completeness, reliability, or timeliness of the information, and we expressly disclaim liability for any errors or omissions. You should not act or refrain from acting based on any blog content without seeking the advice of a qualified CPA or other professional who can address your specific circumstances. Links to external resources are provided for convenience only and do not imply endorsement. Shay CPA PC is under no obligation to update this content and disclaims responsibility for decisions made in reliance on it.