Watch the replay below!
Late last year, several Harris Bricken attorneys offered a bilingual webinar on Doing Business in the U.S. Market, organized by the Madrid Chamber of Commerce, and in cooperation with our affiliated Spain law firm, Monereo Meyer Abogados. During the webinar, Jonathan Bench, Fred Rocafort, Akshat Divatia, and Nadja Vietz discussed the legal considerations Spanish businesses (and foreign businesses generally) should consider as they seek success in the United States.
Jonathan kicked things off by explaining the basics of U.S. market access, including key issues such as the type of corporate structures that make sense for foreign companies doing business in the United States, the state in which state to form the legal entity, and the corresponding tax considerations. Jonathan also explained how the Committee on Foreign Investment in the United States (CFIUS) impacts foreign companies looking to invest and do business in the United States.
Fred continued with a look at relevant issues in international trade. As Fred discussed, when it comes to China, President Biden is not deviating much from his predecessor’s hard-line, but America’s economic relationship with Europe appears to be on an upswing. A number of trade disputes between Europe and the United States have been resolved in recent months, all within a framework of growing transatlantic convergence on other issues such as climate change and taxes. However, ongoing tensions with China continue to pose risks for Spanish and European companies, as Fred explained.
Finally, Akshat gave an overview of the U.S. immigration system, particularly as it relates to businesses. Using specific case studies from Spain, Akshat reviewed the options available to foreign nationals who wish to do business in the United States. He also shared his views on the implications of the 2020 leadership change in Washington for immigration policy and discussed strategies to follow when preparing United States visa applications.