Good
morning,
We like to
start a new US entity and we need payroll services, and maybe Intuit could
assist us by this services?
Background:
Total
Corbion PLA is a relatively new company (started in 2017) to manufacture and
sell bio-plastic. We are a joint venture between Total (a French oil/gas
company) and Corbion (a Dutch bio-tech company). We are based in the
Netherlands and have a manufacturing site in Thailand, but as we expand our
sales efforts we are looking to create a legal entity in the US.
For
additional information about our company you can look also on:
for more
information.
In the
manufacturing site in Thailand are working about 100 fte, in the Netherlands
20fte and we think for the next two years 5 fte will join us in the US.
We are a
fast growing company and we are expand our sales efforts also to the US. We
already have two sales managers / directors working in the US and also a sales
support employee. We hire them from our parent companies at this moment.
The
employees working and living throughout the States (Minnesota, Kansas,
New Jersey).
We are in
the first stage of the legal set-up in the US. The agreement with the lawyers
is signed. Our next steps will include:
- Legal
set-up of the US company(, will be finalized this week)
- Open
a bank-account with our house banker (HSBC) (after getting the info of the
legal setup, they will start this week to open a bankaccount).
Of course
we do a lot of more steps, but these are the important ones to describe them
for you.
Project
:
As we
create a US subsidiary, we will need help to manage payroll and benefits for
about five employees. (This could grow in the future, but we will start
small.) Our two parent companies (Total and Corbion) will transfer a few
employees to us once we set-up our new legal entity. We would like to be
able to provide benefits to these employees that are similar to the benefits
they receive now from their current employers. Since we are small, we
don’t have immediate plans to hire payroll and benefits employees and hope to
find a partner in the US to help with these activities.
Questions:
We would like
to hear from you what the costs will be for a small company like us, when we
hire the services of your payroll company, and what you recommend for us? We
like to give a good health and dentist insurance/benefit to our employees also,
maybe you can help us with this?
Maybe you could first start to mail the answers on our
questions and afterwards we have a talk with each other?
For you
information, I am not familiar with the payroll in the US, so some background
will help me also.
Our CFO is an
US -citizen, and he will assist me also with the search of a partner in the US
to help us with the payroll activities.
Herbert van het Reve
Finance Specialist TotalCorbion PLA
herbert.vanhetreve@corbion.com
