Thinking of starting a portable business while living abroad and want to know more about the legal implications? Don’t even know what kind of questions to ask? Listen now to understand what you need to consider and research when launching your portable career as an expat spouse.
Our guest today is Rosiane Houngbo-Monteverde, a French corporate Lawyer who built her career working for major companies before leaving France to join her husband in Bahrain. There she managed to work for another major regional company. However, at the same time, she started realizing a real need for legal support for expats who build businesses away from their home base. This is what led her to launch her own company, named Legal Nomads, a law firm for French expats abroad and foreign expats living in France.
Business regulations can be very different from a country to another and even though Rosiane specializes in French law, she has worked in many international circumstances and companies. She shares her experience and important legal advice for other expat partners who want to reinvent themselves and create their own portable careers.
Highlights from the episode
Rosiane describes her experience when she first moved abroad with her husband
The need to embrace her complete identity and not solely defining it by her employment status
Things to consider when launching a business abroad
Know what questions to ask and find the right experts
Countries to consider for setting up a company abroad when you’re constantly moving as an expat spouse
How to protect your brand and trademark
How to choose the right expert and lawyer to help you
Legal considerations for starting a portable business abroad
Visa status: does your current visa allow you to launch a company?
Location: consider where you are currently living but also where else you can set up your business
Tax treaties: understand the tax implications
Liability: protect yourself and understand the laws in the country you live and where your business is registered
Social care: starting a business may impact your insurance eligibility and social protection
Trademark: local versus global registration
E-commerce: where to implement your e-shop and the terms & conditions that apply to your business
Contracts: protect yourself with a contract that has been created by a lawyer
Really believe in what you are doing. It will help you through the tough times.
Visit the local Chamber of Commerce in the city you want to start your company