LOS ANGELES, Sept. 22, 2016 /PRNewswire-USNewswire/ -- U.S. businesses looking to expand their technologies, products, services and ideas into promising foreign markets will not want to miss the first-of-its-kind GetGlobal "Thrive in Foreign Markets" Conference & Expo, at the J.W. Marriott at L.A. Live in Downtown Los Angeles, Oct. 20-21, 2016.
"It's an exciting new world out there, but sadly most American businesses and industries don't have the information and contacts they need to successfully pursue foreign market expansion and growth – and they are leaving a lot of money on the table," said Julian Leuthold, creator of GetGlobal and owner & founder of Geoskope, a Los Angeles-based event and media company. "GetGlobal changes all of that by offering real time information about the real opportunities that exist for those interested in growing their dreams and business concepts internationally."
Leuthold cites one example of how businesses fail to capitalize on financial opportunities because they may not know about provisions in the tax code that benefit companies that sell their products outside of the U.S. In this case, U.S. manufacturers and exporters of goods can use an interest charge domestic international sales corporation (IC-DISC) to gain tax incentives for U.S. products sold outside of the country. "Of more than 340,000 U.S. manufacturers eligible for IC-DISC, less than 1 percent have taken advantage of this tax break. At GetGlobal we'll talk about this provision and numerous other ways U.S. companies can benefit from foreign market expansion."
The GetGlobal Conference is dedicated to bringing together upward of 1,200 domestic and international businesses, industry, government and other thought leaders to help establish and build lasting relationships and offer practical details that help U.S. businesses enter and succeed in the world's top high-value markets.
GetGlobal 2016 has an incredible lineup of speakers known for their knowledge of and success in foreign expansion including: Horst Schulze, CEO of the Capella Hotel Group and founding president and former chief operating officer of Ritz-Carlton, known for his international expansion of the luxury hotel chain; Marvin Ammori, general counsel of Hyperloop One; Frank Lavin, CEO of Export Now and a leader in e-commerce with China; Fred Cook, CEO of the international public relations firm Golin; former U.S. secretaries of commerce and energy; and business leaders from the food, retail, real estate, entertainment, defense, aerospace and security sectors.
With today's business, regulatory and political climate becoming increasingly complicated, it's never been more important to identify ways to help businesses succeed for the long term. The scope of the GetGlobal conference will cover every step in the foreign market expansion process – strategy and planning, market selection, identifying risks and opportunities, developing entry strategies and partnerships, hiring staff and, importantly, debunking myths about what it means to expand globally.
"There is much in the air about what it means to go global, including many myths and a good deal of misinformation. GetGlobal 2016 will get to the heart of the matter and reveal the tremendous opportunity that exists for U.S. companies seeking to sell their products and services in foreign markets," said Fred Cook, the CEO of Golin, who has helped countless businesses understand and succeed in global markets.
GetGlobal 2016 will cover expansion into many promising international markets including China, South Korea, the European Union, India, Mexico, Canada, Australia, Vietnam and more.
Attendees will hear from the best and brightest about current global trade, investment trends and opportunities, and learn about ways to take advantage of those opportunities, all within a contemporary and progressive format.
The conference will be highlighted by speakers and panels comprised of leaders in industry, technology, foreign trade, entertainment and government, with topics that include:
- Making Sense of Foreign Cultures
- Selling to Government in Emerging Markets
- Getting Through Bureaucratic Mazes, Cross-Border Laws in Foreign Markets
- Finding Top Talent in Hazy Labor Markets
- Global Industry Focus Discussions (Aerospace, Food and Hospitality, Retail, E-commerce and more!)
- Country Focus Super-Sessions
- Global Money, Trade Financing, Currency Management
To find out more and register for the GetGlobal Conference & Expo, go to: http://getglobalexpo.com
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