Olya Massalitina
Director of Finance of Loulou Lollipop
As Loulou Lollipop grew internationally, it became clear that they needed support managing a growing U.S. presence. In addition to setting up a local U.S. entity, they needed help finding local tax and accounting support.
The team at Loulou Lollipop came to Commenda through a referral from another multinational e-commerce seller. After having a personalized consultation with Commenda CEO Spencer Schneier, the solution was clear. Within a matter of weeks, Loulou Lollipop was up and running with a U.S. entity, transfer pricing agreements, and a U.S. tax and accounting solution.
Loulou Lollipop partnered with Commenda to simplify and optimize its global financial and compliance operations. Through Commenda’s suite of solutions, gained access to:
- A robust entity management platform – Streamlining entity formation and maintenance in a new market.
- Compliant transfer pricing agreements – Ensuring compliance with international tax regulations to minimize risk.
- A global tax & accounting team – Guaranteeing compliance with a globally distributed and centrally coordinated bookkeeping and tax accounting team
With a new global tax back office in place, Loulou Lollipop was able to focus on what mattered: serving parents and babies around the world with exceptional quality products that are beautiful, functional, and safe.