PowerVision

PowerVision is a Chinese-based globally operating drone manufacturer and retailer that needed to expand their business into the European market. As a fast-growing consumer drone company, they required professional accounting and tax services to support their international expansion while maintaining focus on their core business. The company also faced challenges with VAT (value added tax) related questions within the European Union, as country-specific VAT regulations are complex and costly mistakes can be made with local regulations.

PowerVision and Administer started their cooperation in accounting and tax matters in Spring 2016. Administer provided professional and efficient accounting and tax services through the Integra International network. The cooperation specifically included country-specific VAT consulting to help PowerVision navigate the complex European VAT landscape and avoid costly mistakes with local regulations. This enabled PowerVision to be better prepared for dealing with local tax authorities when entering new areas in the European market.

The cooperation with Administer has been very smooth and hassle-free, enabling PowerVision to focus on their core business in Europe. The professional and efficient accounting and tax services have supported their expansion into the European market. PowerVision's team is happy with Administer's service, and the company has introduced new customers to Administer, all of whom feel good about working with them. The country-specific VAT consulting has been especially beneficial for PowerVision's European operations.