Flip is the employee app for companies who are looking to connect with their entire workforce. Designed in a way which provides both your deskless workers and those with corporate devices to communicate more effectively. Chat, newsfeed, shift planning, timesheets and much more are merged into a digital workspace that fits in your pocket. Available on private smartphones and on company computers.
No more printing out shift plans and correcting them with a pen: employees love shift scheduling via the employee app because they can access their current shift and timesheets on their phones. Flip makes manual processes automatic.
Whether you use individual HR tools or HR suites such as Workday, SAP Successfactors, ADP, Atoss, Personio, Sage and many more: Flip gives your employees control over their payslips, absences and key data while on the go. Flip makes your HR tools mobile.
Focus on content rather than on different systems: Microsoft tools and platforms such as MS SharePoint are accessible on the go with Flip. For example, you can display SharePoint content in Flip and integrate Flip with MS Teams.
There are disadvantages to employee apps that have not been developed to meet EU data protection requirements and the demands of deskless employees. At Flip, we place great importance on both of these points. You should bear in mind that:
In the US, corporate law is governed by the individual states. The State of Delaware has developed one of the most sophisticated, comprehensive and well-regarded bodies of corporate law in the US. So Delaware has become the most favored jurisdiction for investors seeking predictability and certainty in complex transactions. For this reason, the majority of the best-known US companies are incorporated in Delaware.
The flip from a non-US company to a Delaware corporation is usually effected by a share-for-share exchange between the newly formed Delaware company and the existing shareholders of the non-US company. After effecting this exchange, the shareholdings of the Delaware corporation will mirror the pre-existing shareholdings of the non-US company, and the non-US company will be a wholly owned subsidiary of the Delaware corporation. In addition, any outstanding options to purchase shares of the non-US company will be exchanged for new options to purchase shares of the new Delaware parent company.
The potential tax consequences of a flip are very complex and must be analyzed and considered carefully. Both a company and its shareholders should seek detailed tax advice from tax advisers prior to effecting a flip.
Following a flip, the Delaware corporation will be a holding company with no operations. Its sole asset (at least initially) will be 100% of the share capital of the non-US company. Over the course of time, the company may benefit from conducting some or all of the existing operations directly through the Delaware parent.
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And you can in fact lose something flipping out to Delaware right away. Staying where you are gives you access to a tax code you hopefully know, access to government incentives to startups (should your country provide any).
There are several Creandum portfolio companies who have flipped to the US. Some sooner than others. With Wrapp we never flipped the company, despite moving our headquarters to San Francisco and having operations in 18 countries. When raising tens of millions of $ from American VCs we were never even challenged and questioned about flipping the company.
Consequently, flipping your company to the US is not a must in today's day and age. You should never proactively flip the company, unless you have a very explicit reason for it. Flipping automatically to Delaware is almost a cargo cult mentality, when in reality it should be a matter of careful consideration. In the wise words of a true lyricist:
A strategy commonly used by startup companies with the purpose of accelerating their growth is to change for more mature and consolidated markets. This conduct generates a corporate inversion in the company, known as FLIP, whose main purpose is to attract foreign investments and a future M&A process.
In the case of foreign investors and funds or even Brazilian funds structured outside the country, the requirement for an international holding structure is common for the execution and centralization of the capital contribution.
Basically, what happens is that the startup company becomes a wholly-owned subsidiary of the foreign company. The foreign company serves as an investment vehicle so the contribution made abroad is used by the startup company in its home country.
Even though the FLIP represents multiple benefits for startups, it is extremely important that, prior to adopting this strategy, an analysis of the corporate structure to be adopted is carried out, considering the goals of the founding partners and other investors, as well as the respective tax impacts.
It is natural that the investors of a startup that is successful in the market understand that the M&A process is the next strategic step that should be pursued (startup exit with the total or partial sale of the equity interest in the company).
When incorporating an international holding in a FLIP process, it is very common to use corporate structures such as the American C-Corporation (C-Corp) holding in Delaware or a holding in Cayman with investments in a Limited Liability Company (LLC), among other structures that may also be used.
Therefore, to get attract investments abroad, the startup must invest in good tax and corporate planning, identify the short, medium and long-term goals and initiate the corporate restructuring process outside the country. The most common types are the Delaware FLIP, which involves incorporating a company in the state of Delaware, USA, or the FLIP in an Offshore jurisdiction, such as Cayman.
The content presented herein is provided for informational purposes only and is not intended to be a substitute for obtaining professional accounting, tax, legal or financial advice. The presentation of information is not intended to create a client-accountant or client-attorney relationship. We recommend that the individual accessing the material does not act on this information without the direct assistance of a professional. US tax information displayed here is not intended to be used to avoid sanctions under US law.
You can enjoy a one-year free FlipBuilder Hosting Add-on Service after purchasing Flip PDF Plus Corporate. This service allows you to upload 1000 digital publications to the FlipBuilder server and share them on your website and social networks. The free account can be logged in by multiple team members at the same time, which is flexible and effective to cooperate and manage.
The Corp Version comes with 40+ new Hotspot dynamic effects, which support changing colors and adjusting speed. To call your readers' attention, you can add Hotspot to the key content of the book page. With its flashing effect, your ebook will be no longer monotonous. By adding Go to Link, Pop Up Video and other trigger actions to Hotspot, you can easily create highly interactive eBooks.View Demo>
There are 70+ well-designed buttons that are easy to use and fully customizable. You can choose a button icon from the icon library of over 280 icons. You can also modify the text, color and other styles. The Button feature helps you get rid of searching hard for button materials. With trigger actions, you can easily achieve a variety of click effects on your buttons.View Demo>
Turn images into tempting photo slideshows and give readers more control over your books to keep them engaged. A variety of 13+ photo slideshow effects are available now, such as Flip, Roll, and Cube. Present more content in less space and be a better storyteller with the help of photo slideshows.View Demo>
There are 90+ different pre-made shapes available to use. You can adjust the angle of the shapes as needed. Add various shapes to embellish and fill in the blank space on the book page so that your ebooks can perform extra visual appeal and reflect a full sense of design.
With the easy-to-use interface, you can create an HTML realistic page flip eBook in less than 10 minutes. Simply import a PDF and choose a pre-designed template, you can generate an inspiring professional flipping magazine or brochure with ease. No coding and design skills are needed!
Flip PDF Plus provides various pre-built templates, themes, and animated scenes that you can quickly customize to meet your needs. Select a template for the book toolbar, change a theme for the book appearance(background and color), and add an animated scene to polish your book background.
The configuration of the following functions can be saved in your templates: Toolbar, Themes, Scenes, Settings (like background sound, your brand logo), TOC, Bookmark, Multi-Language, Password, and even Voice Assistant. Save your templates in the program directly, which is more convenient to reuse or export them to share with others.
Design your style flipbook: customize the page-flipping eBook background colors; set a logo image for branding; customize the toolbar on functions like print, download or share your page flip eBook. There are dozens of different settings that allow you to customize your page-flipping eBook to suit your style.
In Flip PDF Plus, you can utilize the Assistant which helps to add audio for book pages, with synchronized scrolling text integrated. The wonderful feature will be very useful for you to build presentations for meetings, storybooks for kids, or language books for learning.
You can embed video genetic code, add an online video file, YouTube ID, Vimeo ID, or insert local video to your flipbook, which can improve visual appeal and make your flipbooks more engaging. Therefore, you can keep readers longer on your pages and deliver much more information about your brand or company.
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