Human services providers are the unsung heroes of our communities. Most didn’t seek out this career; we somehow fell into it. And yet we then became directors, CEOs, and owners of companies. This was often because of a personal experience, sometimes concerning a friend or family member. For this reason, most people who run human […]
01. Forms of Business Organizations U.S. Corporation A corporation, having limited personal liability, is the form of organization most common in the US. Many of the procedures and requirements are similar to those relating to the formation of companies in the UK, except that a US Corporation is formed at the state level and is […]
There is no need for big structures, nor branch offices, nor subsidiaries – you do not even need to invest a large amount of money – in order to do business in Spain. From a legal point of view, there is a much easier way of doing business in Spain without incurring great costs: this […]
SECTION 56 CA 2016 Company requires every member to disclose BO effective 1 March 2020. BO REPORTING Only those holding 20% interest or more or those who control the entity require to disclose. EXEMPTION FROM REPORTING Financial Institution Public Listed Companies Public Un-Listed Companies where shares are still in central depository Securities Commission licensed Companies […]
If you are thinking of setting up a company in Spain, you must meet certain tax, legal, accounting and business regulations. One of the most frequently asked questions from foreign companies wishing to expand into Spain is whether they can do the accounts from abroad. In this post and explanatory video we discuss this option, […]
Foreword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often the conventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get […]
To all of our clients and friends, As 2020 comes to an end, a year dominated by isolation, loss, and adversity, we are grateful to take a moment to reflect on the positive lessons learned and focus on the hope and opportunity that lies ahead. We salute all of the front line workers who have […]
Many companies run into problems with customers or clients not paying their bills on time — or not paying at all. The best way to avoid uncollectible bills depends on several factors — such as whether you sell products or services and the type of payment practices that are customary in your industry. For example, payment […]
If your business has employees who must interrupt their employment in order to serve in the National Guard or the military reserves, you probably know about the law requiring you to reinstate them once they’ve returned from service (with certain specific exceptions). But you may not be aware of your obligations regarding pension benefits. For pension […]
Several significant federal tax breaks are set to expire at the end of 2020 unless Congress renews them. Lawmakers customarily extend these so-called “extender” provisions for another year or two, sometimes retroactively. However, in this tumultuous time, nothing is certain. In the face of that uncertainty, you should consider the following seven tax breaks that are scheduled to […]
The best way to uncover fraud is to use software built specifically for that purpose. But fraud detection software can be expensive and may require major resources to put in place and monitor. An alternative is to leverage your company’s existing technology and resources in ways that will help uncover internal and external crime. Keep in […]
Given today’s stock market valuations and historically low interest rates on fixed-income investments, some IRA owners may be interested in moving some funds from equities and low-risk securities (such as Treasuries and money-market funds) to precious metals. Before you invest in gold, silver or platinum, however, here are some federal income tax issues to consider. Precious […]