Publications

Recently, Alfa-Bank has been experiencing failures. Many customers complain about problems with currency transfers. Users face delays in sending payments and even refusal to make some payments outside the Russian Federation. Foreign companies with current accounts in Alpha do talk about problems in transferring any transactions. Sending payments to certain destinations (such as […]

In recent years, many articles have been devoted to the subject of CFC (Controlled Foreign Companies). The answers to the questions about whether the CFC rules are needed in Ukraine or not, in what form they should be adopted, what this may lead to – have now been found. Law No. 1210 on Amendments to the Tax Code of Ukraine that lead to the emergence of legal regulation […]

Many businessmen from all over the world actively use companies registered in the UK. It is not surprising that any news concerning the cost of maintaining and using British companies arouse keen interest far beyond the borders of this country. In the budget for the summer of 2015, the UK government announced that the overall corporate income tax rate will be reduced from […]

Check it out, it can affect you too! The new ESR rules, which entered into force on April 30, 2019 in accordance with Cabinet of Ministers Resolution No. 31 on establishing requirements for economic presence (ESR), will be applicable in practice as early as 2020. The global fight against tax evasion began in the last decade. Organization for Economic Cooperation and Development […]

What opportunities does the registration of a company in the UAE open for IT startups and online businesses? The economy of the United Arab Emirates is rapidly gaining momentum, ignoring the global financial crises and the consequences of the coronavirus. The UAE has already become one of the most presentable and recognizable countries for launching technology startups and doing IT business. Emirates attract business not only by the stability of the economy, buns for […]

The work of any business, including international, is closely connected with bank transfers and accounts. For foreign companies, opening a corporate account allows you to accept payments from customers, send payments to contractors, pay taxes and carry out any operations. With rare exceptions, everyone needs a bank account. But opening a bank account in a foreign bank today is accompanied by an extremely complicated and protracted bureaucratic […]

Most of the major international companies and holdings are based in Asia. Recently, many Western companies want to develop and open in China, Singapore and the United Arab Emirates. Asia attracts trade, industrial and large IT companies from all over the world with its rapid economic growth. What are the world-famous companies Alibaba, WeChat and Xiaomi worth. Asia offers investors and entrepreneurs […]

The use of free or open source code in the development of new software is a widespread, almost ubiquitous phenomenon in the modern IT industry. Such code is beneficial to both developers and customers, as it significantly saves time, effort and money for the development of new products. At the same time, the use of free or open source code has its own legal rules and consequences that can significantly affect […]

The global banking system has changed a lot recently. Banks, when opening an account for foreign companies, carry out a capacious and complex compliance procedure, as well as introduce new requirements that a foreign company wishing to open an account must meet. Often companies need to confirm substance (real economic presence) to rent an office, hire a qualified employee, compliance officer) in the country of business registration, […]

Contracts and contracts are one of the fundamental parts in the work of any business. A lot depends on the quality of drawing up such documents – reputation, profit, the future of the company. On the Internet, you can find a large number of ready-made templates for almost any type of contract, and many entrepreneurs actively use this. But is it worth the risk using a sample contract or agreement from the Internet? […]