If at first you don't succeed, try, try again. At least that's what they might tell you in school. But does this mantra translate successfully to real life? Switzerland is about to find out... Read Full Article »
It is well known that many high-profile companies operate under a holding company in Ireland. Global social media and technology groups from the US and the UK have redomiciled their headquarters in Ireland to take advantage... Read Full Article »
Moderate changes, but in the right direction. This is how we can describe the recent updates to the Slovak Corporate Taxation Law, backdated to take effect from the 1st of January 2017 (Deloitte 2017)... Read Full Article »
Expanding internationally brings a lot of advantages, but also some disadvantages. The company should develop an optimal profit allocation strategy to ensure the full benefit of being international will be reached... Read Full Article »
Thailand is a growing tourism and industrial hub in South-East Asia becoming the second-largest economy in the region. As a result, the country attracts many foreign entrepreneurs looking to expand in this part of the world... Read Full Article »
Chile is known to be the favored location in Latin America to do business. This is partly due to the fact that opening a company in Chile is somewhat simple, compared to other countries in Latin America. Chile is a favored choice for... Read Full Article »
What sets Belize LLCÂ’s apart from those offered by other jurisdictions is the very strong asset protection features. In order to file a claim, a creditor first has to deposit an amount equal to half the amount claimed or US$25000, whichever is greater, with the Supreme Court Registry. This is of course an excellent deterrent for frivolous lawsuits. If a creditor wins his case then a charging order is applied against a memberÂ’s interest. But the judgment creditor shall only have the rights of an assignee of the memberÂ’s interest and shall have no right to partake in the management of the company. So he can receive profit distributions but can never force the management to make them. In fact the member cannot have any say at all as to how the manager runs the company. Read Full Article »
Nineteen years have passed since Russia first applied to the World Trade Organization (WTO). But after RussiaÂ’s patriarch Vladimir Putin cleared the final hurdle last week, Russia will finally join the WTO on August 22nd. It is another milestone in the transition of the former Soviet Union, and an opportunity for investors. Read Full Article »
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