Here is an interview of our member of the month, Barclais CPA, represented by Sidney Barclais, Partner at Barclais CPA:
FACCSF: In a few words, can you present Barclais?
Sidney Barclais: Barclais CPA is an independent firm providing auditing, accounting, tax and transactions services to American subsidiaries of French groups. We assist companies in various industries (retail, software, biotechnology, animal health, services, packaging...) throughout the United States from our offices on the east and west coasts (New York, Chicago, Miami, Los Angeles and San Francisco).
FACCSF: What are your specialties?
Sidney Barclais: We are definitely focused on the Middle Market and are able to adjust our level of services to the needs of our clients. Thanks to our comprehensive service offering, we are able to assist and advise our clients throughout their development in the US. Clients with revenues below $10M are usually handled by our Accounting & Advisory Department while clients with revenues over $10M are usually handled by our Audit Department.
FACCSF: What links does Barclais have with France?
Sidney Barclais: Most of our clients are owned by French individual or corporate investors. In addition, our staff includes professionals with a dual expertise in France and in the US. Finally, I am a CPA both in France and in the US.
FACCSF: How are you helping the French-American community in the San Francisco Bay Area? Tell us more about your participation with the FACCSF:
Sidney Barclais: We have been supporting the FACCSF for many years and have sponsored several events such as the Business Booster. We are also always happy to promote the efforts of the FACCSF to help the French-American community.
FACCSF: Any additional comment or advice?
Sidney Barclais: I would like to give a quick advice to potential investors looking to acquire a Target in the US. Make sure to consider the tax structuring of the transaction prior to the signature of the Letter of Intent as this could potentially result in substantial tax savings which are too often missed by foreign investors.
FACCSF: Thank you Sidney for your time!
Sidney Barclais: Thank you for this interview. I look forward for another great year with the FACCSF!
More about Barclais CPA
Exogen Biotechnology, member of FACCSF, just launched its crowd-funding campaign.
Exogen Biotechnology is hoping to develop a test similar to a cholesterol reading that you take at your doctor’s office, but with the aim of preventing aging-related diseases. When donating money you will receive the demo kit. There is a limited number of kits at a discounted price for early adopters on a "first come first serve basis". Click on the video, get your kit & spread the word!
