By Caitlyn Buchanan, 13.09.2019 Bulgaria recorded economic growth of 0.8% in the second quarter of 2019, as reported by the National Statistical Institute (NSI) earlier this month. This growth paired with the implementation of 5G network comes at an opportune time for business in Bulgaria. Gross domestic product (GDP) in Bulgaria from April-June was €14.88 Read more…
23
Aug
Aug
By Caitlyn Buchanan, 23.08.2019 Since the Google search engine first launched in 1998, their mission has been to deliver the most relevant search results to its users. Web developers and businesses have continually worked to understand the search algorithms to improve and maintain website rankings. In the fight for rankings, Google introduced penalties to hinder Read more…
25
Jul
Jul
By Kooshila Takoordyal, 25.07.2019 The Branch Office is one of the more streamlined business structures a company has at its disposal when exploring the possibility of expanding its activities abroad. Businesses looking to expand and benefit from new markets need to decide wisely if they will open a subsidiary or a branch of their existing Read more…
28
May
May
By Caitlyn Buchanan, 28.05.2019 On 14th September 2019, the European Union will implement new requirements for authenticating online payments under the Payments Services Directive (PSD2). These measures will bring significant implications for businesses involved in ecommerce; selling products or services online. Providers of merchant services will also need to ensure that their online payment gateways Read more…
25
Apr
Apr
By Caitlyn Buchanan, 25.04.2019 There has never been a better time to set up a company in Spain where the GDP (Gross Domestic Product) is the fastest growing in Europe. Throughout last year (2018) Spain’s Economy has continued to grow and is now leading economic grown within the eurozone. Q4 of 2018 generated a larger Read more…
20
Mar
Mar
By Kooshila Takoordyal, 6.03.2019 A business may wish to hire foreign workers to serve customers in another market or they may need to hire someone with a particular skill set that is not locally available. Hiring international employees can be an effective employment solution, however, this can be a challenge for businesses that have not Read more…
28
Feb
Feb
By Caitlyn Buchanan, 28.02.2019 The Polish government has taken steps to attract more foreign investors, at the start of 2019 Poland lowered the corporate tax rate from 15% to 9% for some companies. New and small business with less than €1.2 Million in earnings can avail of this reduced Corporate tax rate while larger businesses Read more…
28
Feb
Feb
By Caitlyn Buchanan, 28.02.2019 The United Kingdom (UK) will leave the European Union (EU) in March 2019 and a hard Brexit or no-deal is becoming increasingly likely. The UK will cease to be a part of the EU at 11pm GMT on 29 March 2019, As such, there are some important implications to cross border trade Read more…
30
Jan
Jan
By Ana Maricic, 30.01.19 Earlier this month, Theresa May failed to get parliamentary approval on the proposed EU withdrawal agreement. With the UK set to exit the European Union on 29th of March 2019, a ‘no deal’ or ‘hard’ Brexit is becoming increasingly likely. The full effect of Brexit on UK registered companies is still Read more…
17
Dec
Dec
By Caitlyn Buchanan, 17.12.18 How does the 30% Ruling work? 30% reimbursement ruling results in a tax free allowance, this is as a type of compensation for expenses that a foreign employee incurs when working abroad. The most common way to apply the 30% ruling is for the employer to reduce the agreed salary by Read more…