We are not just Sidemen’s accountants

The Sidemen joined us when their focus was solely on YouTube, operating on a much smaller scale without large production teams or extensive business operations. Since then, we’ve been a key part of their journey, supporting their expansion into global ventures, complex tax matters and strategic financial decisions.

Supporting Sidemen with tax and commercial advice

Over the years, we’ve helped develop their internal team and production operations, including managing international business activities and global product distribution. Our expertise also extends to essential YouTube tax disclosures and navigating potential withholding tax implications.

With the massive success of their SDMN online clothing store, we provided critical support on VAT and import duties, especially in light of post-Brexit regulations in 2021. As their e-commerce operations expanded globally, we assisted with international tax matters, including setting up Employer Identification Number (EIN) and Goods and Services Tax (GST) registrations worldwide.

Following the launch of Inside, their Netflix show featuring international creators, we also ensured compliance with Foreign Entertainers’ Tax (FEU) requirements.

As the Sidemen brand and businesses continue to grow, we’ve played an important role in compliance matters, such as corporate tax thresholds, audits, and regulatory requirements.

Navigating business investments and financial strategy

The Sidemen’s business empire continues to expand into industries like food and drink with brands such as Sides, XIX Vodka, and BEST cereal. We’ve provided financial guidance for these investments, both at a company level and for individual owners.

Additionally, we’ve supported their ventures through Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) opportunities, providing full tax advice to maximise benefits.

Diversifying Sidemen’s income and revenue streams

With our financial expertise, the Sidemen have successfully launched multiple revenue streams, including their Side+ subscription platform and partnerships with international brands like Netflix.

As a result, we’ve assisted with UK and global tax considerations, ensuring proper financial tracking and compliance for these ventures.

Why Sidemen trust StarBox to be their in-house financial team

We don’t just handle the Sidemen’s accounts – we act as their in-house finance team, offering business management and daily operational support. Our role extends beyond numbers; we help identify new opportunities and financial considerations, ensuring the Sidemen’s businesses continue to thrive.

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