News

Financial reform for technology-oriented SMEs
28.11.2018 | As of 1st January, 2018, high-tech enterprises, technology-oriented small- and medium-sized enterprises (SME) and small low-profit enterprises are entitled to further tax relief. According to the Chinese ministry of finance, two major measures have been implemented since January this year. Policy First, a high-tech enterprise or a technology-oriented SME may, in the year it complies…
Business opportunities in Paraguay
28.11.2018 | Paraguay provides an ideal gateway to all the member states of the MERCOSUR (South American Common Market), a trade bloc comprising a population of some 280,000,000 in total, which makes it an attractive prospect for investors. Paraguay is only two hours’ flight away from such important cities as Buenos Aires, Sao Paulo, Montevideo and Santiago.…
Italy offers fiscal inducements to wealthy individuals to become residents
28.11.2018 | Italy introduced a very favourable tax regime for special individuals (the “Regime”) in January 2017. The aim is to encourage foreign high net worth individuals to move, live and invest in Italy, irrespective of their citizenship. Since then, many VIP’s and healthy people have come to Italy. One of the most famous users of this…
A UK Corporate Governance Code that is fit for the future
28.11.2018 | In July 2018 the Financial Reporting Council (“FRC”) released the 2018 UK Corporate Governance Code which is intended to cement the UK’s position as a world leader in corporate governance. The 2018 UK Corporate Governance Code was also designed to respond to: a decline in public trust as a result of some high profile corporate…
China reforms its income tax law
28.11.2018 | The Chinese government has introduced an important and comprehensive reform of its income tax regulations. The new tax law has already been passed, although the details are still in the preparatory phase. On Friday, August 31st 2018, the Standing Committee of the National People’s Congress confirmed the amendments to the Individual Income Tax (IIT) law,…
2018 Year-End Legal Checklist for Owners of Czech Companies
28.11.2018 | As the year 2018 draws to an end, it is a good idea for your Czech business to conduct a legal audit to avoid unnecessary risk and expenses in the coming year. A few minutes now can save you substantial cost and trouble later. Here are a few things that you should consider doing with…
Considerations prior to buying residential property in Australia
28.11.2018 | Foreign investors are very interested in the Australian property market. As is to be expected, there are several hurdles to overcome before making a purchase. The Australian property market has for many years been attractive to foreign investors. Thirty-nine percent of Sydney’s population were born abroad, with Melbourne closely following at 36% (Australian Bureau of…
How data analysis helps to identify unexploited potential
28.11.2018 | This quarter marked some exciting events for Ecovis Wingrave Yeats’ data analytics team. On Monday, 24th September, 2018, we participated in the Alternative Legal Management Summit, of which we were also a partner sponsor. This summit brings together law firm leaders with the vision to innovate, collaborate, and transform their businesses. At the summit, we…
Co-operation between Ecovis Hungary and Wolters Kluwer
16.10.2018 | Since the spring of 2017 Ecovis Hungary has operated several trending legal blogs for the public in Hungarian concerning different areas of law including mining, real estate, corporate, commercial, procurement law and the law of trusts.
Lithuania’s launches regulatory sandbox for FinTech companies
15.10.2018 | FinTech startups and companies will soon be able in Lithuania to test their innovative products business solutions in a live environment with real customers while the Bank of Lithuania will provide them with consultations.
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