The initiative aims to help businesses to thrive globally by allowing them to concentrate on their core operations while the intricacies of market entry and corporate administration are managed by the DACH Taskforce.

ZEDRA, a provider of corporate and global expansion services, has created a taskforce to support companies from the DACH region – Germany, Austria, and Switzerland – as they expand into new international markets.

The initiative aims to support businesses navigating complexities of international growth, ensuring transitions and success in new territories, the firm said in a statement.

As global markets become increasingly interconnected, companies from the DACH region are capitalising on opportunities for growth beyond their borders.

The US is a key market for international growth, with local business accounting for more than 20 per cent of global sales and profits for about a third of German companies. Recent reports also highlight a growing confidence amongst companies in the DACH region, which have indicated that expanding into new international markets would be key to generating growth and staying competitive in 2024.

The newly-established DACH Taskforce at ZEDRA includes global expansion experts drawing on expertise across multiple markets, who are equipped with industry knowledge in corporate administration, compliance, and strategic advisory.

This team offers solutions to address the challenges faced by DACH companies, including entity management, payroll, HR, accounting, corporate goverance and regulatory compliance. 

“We understand the complexities of international expansion and are dedicated to providing the highest level of support to ensure our clients' success. With our expert guidance, companies can focus on their core operations while we handle the intricacies of market entry and ongoing corporate administration,” Vadim Neumann, head of commercial – global expansion Germany, said.

ZEDRA is a global specialist in corporate and global expansion, active wealth, pensions and incentives services, and fund solutions.