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FR SERVICES INC

Selected Client Case Studies
1. A Scottish semiconductor software analysis and optimization services company wanted to start operation in the US. Action: Incorporated and registered the entity with Delaware and California; setup bank account, payroll, employee benefits and accounting system; drafted employee handbook and number of accounting and administrative forms. Result: the company continues to grow successfully ts US operation.

2. A Swedish OSGI platform services provider, funded by Ericsson, needed to create a US operation and grow it rapidly. Action: established bank accounts, negotiated a short-term lease, laid out office space for 20 employees, worked with immigration lawyer to obtain visas for the CEO and 2 transferees, implemented company's accounting system and procedures, payroll and employee benefits. Result: Within 7 months, the company had 17 employees including 1 executive and 2 vice presidents.

3. A German enterprise data mining SaaS supplier needed to expand rapidly in the US. Action: Set up back office support infrastructure for payroll, accounting, employee benefits, sales taxes and corporate compliance. Result: After 11 months the company grew in 6 states, had 25 employees and multiple US customers.

4. A French FPGA semiconductor startup wished to start a US subsidiary to raise a second round of equity in financing with US investors. Action: Set up the US subsidiary and managed the company's limited cash during the fund raising. Result: The company closed a $30 million round led by a US 1st tier venture capitalist. (Acquired by a public US company)
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