IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Rexon Nainggolan of KAP Rexon Nainggolan & Rekan. Rexon has joined IR as our exclusive Audit & Assurance Services Member in Indonesia. KAP Rexon Nainggolan & Rekan (referred to as Rexon) is a reputable Indonesian auditing firm established by the decision of the Ministry […]
Social Insurance Fund:The rate of contribution, as of 01.01.2020, for employed persons is 21.5% of their “insurable earnings”. Out of this rate, 8.3% is payable by the employer, 8.3% by the employee, while a further 4.9% is payable by the State (maximum insurable earnings are €1.055 gross weekly income or €4.572 gross monthly income). As […]
Dear friends, Again, many heartfelt thanks for your overwhelming support that you have been showing us during these difficult times. As you already know, last month on Aug 4th, the Beirut blast devastated a large area, over 9 kilometers in radius, damaging many small businesses & caused an estimated 15B US$ in losses. Many freelancers, […]
As a result of the efforts of the Organization for Economic Cooperation and Development (OECD), the G20 and the EU to combat tax evasion on an international scale, The Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) has appeared. This contract has been signed by 136 countries as of today, including countries […]
As known, Presidential Decree No. 2151, which was published in the Official Gazette dated 25.02.2020 made significant changes in the transfer pricing legislation. In this scope, Master File and Country-by-Country Reporting (“CbCR”) obligations were imposed in addition to the local transfer pricing report (“local file”) within the framework of the three-stage transfer pricing documentation adopted […]
Macroeconomic strength, attractive regimes for investors, legal security and modern infrastructure are some of the reasons why Uruguay is rated as an excellent destination for investments. Main reasons for choosing Uruguay as an investment destination: Political, legal and social stability. Macroeconomic soundness. Favorable business climate and tax incentives for the investor. Consolidated democratic system, maintaining […]
At Carlos Picos Consultora we are specialists in the creation and administration of Uruguayan Companies. The Societies Uruguayas can be acquired by both residents and non – residents in Uruguay, generating significant benefits to the latter since Uruguay applies the principle of territoriality of the source, so that the activity generated abroad and the profits obtained are not […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Haytham Al-Nasser of Haytham Al-Nasser Certified Public Accountants & Auditors. Haytham has joined IR as our exclusive Audit & Assurance Services & Accounting Services member in Saudi Arabia. The office was established in 2002, Specifically on November 03, 2002 to provide the […]
The dynamics of international taxation is in a great transformation, especially in recent years, through the practices put into effect by tax authorities one after another. While this situation naturally causes groups that have been structured abroad for a long time to change their practice for years and to restrict the movement area with the […]
Foreward by Andrew Chilvers Businesses across the world are undergoing the biggest remote working experiment since Europeans first sailed from their home ports to set up trading posts in Asia 500 years ago. This time around, however, companies are moving colleagues out of their plush city centre locations to set up offices at home. What […]
On the 8th June 2020, the Prime Minister of Malta, Dr. Robert Abela, has announced a plan to regenerate the economy following the impact of COVID-19 on the country. The plan is based on the three main pillars with the objectives being: Reducing business costs; Enhancing domestic demand; and Supporting employment. The main incentives were […]
