|Viasphere International works with companies interested to
extend operations offshore, through Viasphere Technopark, as
virtual or wholly owned subsidiaries. A virtual subsidiary is
a standalone entity, typically, based in the US or the same
local as the company, with representation from the company and
Viasphere. Viasphere and the company manage the offshore entity
via the virtual subsidiary. Viasphere provides the infrastructure
and corporate management capabilities while the company provides
funding and operational management.
The virtual subsidiary is an ideal vehicle in cases where the
company wishes to have the operations and management of offshore
development to a captive entity that it manages virtually -
hence the name virtual subsidiary. A virtual subsidiary is designed
for a strategic acquisition based on a business agreement at
a predetermined future timeframe by the company thus providing
a win-win scenario for all parties involved.
The virtual subsidiary is a proven model that Viasphere has
perfected to provide scalability and retention to the offshore
operation without placing financial, legal or corporate burden
on the operating company.