I. Teleworking In accordance with the Royal Decree-Act, distance working is defined as carrying out a professional activity outside the company’s usual premises or centre, for all or part of the day and on a regular basis. The regular nature of distance working necessarily requires that, in a reference period of three months, a minimum […]
CYPRUS AND RUSSIA AGREE ON A PROTOCOL TO AMEND THE DOUBLE TAX TREATY BETWEEN THEM AS FROM 1ST JANUARY 2021 The agreement was concluded on the 10th of August 2020, between the Cypriot Finance Minister Mr Constantinos Petridis and the Russian Deputy Prime Minister Mr Alexei Overchuk. The two main changes increase the withholding tax […]
In the context of the crisis related to COVID-19, a draft law relating to the postponement of tax reporting deadlines under DAC6, CRS and FATCA was filed with the Luxembourg Chamber of Deputies (bill number 7625, hereafter referred to as “the Bill”) on 6 July 2020. The Bill followed the Council of the European Union’s […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Hiroyuki Kimura of Yodoyabashi & Yamagami LPC. Hiroyuki has joined IR as our exclusive Tax (Law) member in Japan. Yodoyabashi & Yamagami LPC is highly acclaimed and trusted by diverse clients from various industries for its renowned professionals leading each major area […]
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 […]
On 22 July 2020, the State of Duma in Moscow adopted, in the third and final reading, a new legislation about Digital Financial Assets (DFAs), Digital Currency and Amendments to certain legislative acts of the Russian Federation. According to the new law, “cryptocurrency” is defined as a set of e-data in an information system, which […]
Walks on the beach, Caribbean delicacies, the ocean, the island lifestyle: the perfect setting for what may have become our new normal: working remotely from home. Work and play! During this pandemic, many businesses were able to adapt and embrace a working fromhome approach. The beauty of working from home is that it can actually be done from any location with a good internet connectivity. […]
In response to the Covid 19 pandemic, the EU has given its members more time to comply with the DAC 6 requirements and postponed the deadline to apply them. The postponements give the EU Member States the option to delay the deadlines for filing information on reportable cross-border arrangements by up to six months, as […]
LeQuid, which specialises in social enterprises, impact funds and restructuring, is based in Madrid and has now joined forces with Trebeki Combining Efforts, a Bilbao-based law and business firm providing services to companies, cooperatives and other organisations and entities in the north of Spain, adding a professional team and an offer in services to both […]
Denmark is gradually gaining control over the novel Coronavirus. However, its consequences will have a huge impact on the country’s political economy in the coming years. Here are five issues to follow closely. Support for the Government The popularity of the current Social Democratic government has skyrocketed in recent months, with the Social Democrats now […]
Royal Decree-Act 8/2020, of 17 March, regarding urgent extraordinary measures to counteract the economic and social impact of COVID-19. Breakdown of article 40 1-Meetings of governing bodies and of members. Possibility of holding such meetings using remote communication As regards the possibility of holding meetings of administrative bodies, meetings or assemblies of associates or members, […]