SUNNYVALE, Calif. October 14, 2008 -- With the world markets in a downturn and credit hard to obtain, preserving a company’s cash flow is a top line concern for executives, offers Dr. Shan Nair, Co-founder of Nair & Co., a leading global integrated solutions provider helping companies expand internationally. In hard times maintaining cash flow is often as critical as profits. A direct cash flow hit is faced when a company is exporting goods to multiple locations. Many countries require Value Added Tax (VAT) or its equivalent to be paid at the port of entry and reclaimed later. It’s like blocking your cash in a fixed deposit, except that you earn no interest and you may also need multiple VAT registrations, which increases your accountant’s fees. Companies can leverage significant cash flow advantage by re-examining their...
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