PraxityGlobal Alliance

Shorts is proud to be a member of Praxity, a global alliance of >56 independent accounting and consulting firms that empower businesses for international success.

Providing our clients with seamless access to high-quality international advice.

Andy Irvine

What is the Praxity Global Alliance?

To enhance the support that we provide for those clients exploring overseas opportunities, Shorts are members of the Praxity Global Alliance, an alliance of independent accounting and consulting firms.

Being members of Praxity enables us to provide the best solutions for companies to achieve their goals through seamless collaboration within a global alliance of leading independent business advisers.

Put simply, Praxity firms’ clients enjoy unrivaled professional support to help them navigate complex business and tax affairs across multiple borders worldwide. All Praxity members are free to hand-pick expert advisers from over 850 offices in more than 110 countries, forming multi-disciplinary teams to meet every client’s need.

How Praxity helps Shorts’ clients

We regularly help our clients set up activities overseas
We help our clients set up activities overseas as they seek to expand into other markets or protect against risk. Setting up a subsidiary in Ireland is becoming quite common (particularly post Brexit) and through our Praxity Ireland contacts, we’ve been able to support the setup locally in Ireland, ensuring our clients have what they need to grow their business.

Relocating overseas in a tax-efficient way
A number of clients have taken the decision to relocate abroad, including New Zealand, the US, and France. Through our Praxity Alliance colleagues, we have been able to coordinate advice both overseas and locally in the UK, to ensure our clients’ move is tax-efficient and they are fully compliant.

Cross-border transactions
Working with Praxity colleagues in the US, Australia, Germany, Ireland (amongst others) we have been involved in many cross-border transactions, providing UK tax and finance due diligence, tax structuring and transaction support, with these, often being Private Equity backed deals.

Setting up in business in the UK
Through the Praxity Alliance, we have helped overseas businesses set up in the UK, through a branch, subsidiary, or standalone company, covering all aspects including structuring, VAT, employment and corporation tax, and accounting.

Awards won by Praxity:

Praxity has won several awards for excellence in accounting and consulting

  • Thought Leadership Initiative of the Year in 2020
  • Accounting Association of the Year in 2019
  • Campaign of the year in 2018
  • Accounting Association of the Year in 2017, 2016, 2014, and was
  • Rising Star Association of the Year in 2013 – the first year the awards were given

 

Participant firms are handpicked

All Praxity independent global experts are successful, highly rated by peers, and share the same service ethos and international collaborative spirit. Senior-level expertise and local knowledge are critical. Every firm is assessed by the membership committee every three years to ensure they are maintaining high levels of service and performance.

 

Careful vetting has already been done

Thanks to Praxity, our clients can skip the troublesome process of searching for and appointing accounting firms in each international territory and firms have every confidence in their international Praxity colleagues. In many regions, there is more than one firm, giving even greater choice when pulling an international team together.

 

Through the Praxity Global Alliance, as a Shorts client, you can benefit from seamless collaboration with other best-in-class, independent firms from around the world.  Speak to one of our team today to learn more

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