PowerVision and Administer started their cooperation in accounting and tax matters in the Spring of 2016. The Chinese-based PowerVision is a globally operating drone manufacturer and retailer. Administer’s financial management services have helped the international startup company to expand their business into the European market.
“The cooperation with Administer has been very smooth and hassle-free. Being a fast-growing consumer drone company, the professional and efficient accounting and tax services offered by Administer have enabled us to focus on our core business in Europe,” says Huber Hu, CEO of PowerVision Finland.
Administer works with PowerVision through Integra International network. Cooperation regarding VAT (value added tax) related questions within the European Union has been especially beneficial for PowerVision. Country-specific VAT consulting helps to avoid costly mistakes with local regulations. PowerVision is now also better prepared for dealing with local tax authorities when entering new areas in the European market.
“Our team is happy with Administer’s service,” Huber Hu summarizes PowerVision’s experience with Administer. “We have also introduced some new customers to Administer, and they all feel good about working with them as well,” Hu concludes.
PowerVision Group is a global technology leader focusing on UAV-related products and services, including smart drones, data visualization and forecasting as well as virtual and augmented reality. PowerVision Group has offices in Shanghai, Shenzhen, Hong Kong, Yangzhou, Silicon Valley, Boston, Helsinki, Frankfurt and Perth. The Group is headquartered in Beijing, China.