- Portugal Sets New Data Reporting Obligations For Entities with Foreign Investment
Based on Internal Instruction nr. 27/2012, the Bank of Portugal (BdP) has set new statistical data reporting obligations, for resident individuals and companies, who make their entry into economic and financial activities in foreign countries.
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- Profit Repatriation Spotlight Singapore HQs Companies
Several companies headquartered in one of the world's favourite investment destinations i.e. Singapore, having profit-generating trading entities overseas are finding it difficult to repatriate their accumulated reserves back home. The costs and penalties of mishandling cash repatriation are significant and can severely impact corporate tax liabilities.
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- Protecting You Overseas with Integrated Tax, HR, Finance, and Legal Services
With increasing foreign market forays of businesses, Nair & Co. is a leader in business expansion transformation services with the international tax, compliance, and accounting expertise needed to reduce the risk and liabilities of an overseas expansion, making the world a borderless marketplace.
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- Rajya Sabha passes Indian Companies Bill
The Rajya Sabha today (on August 8, 2013) approved the Companies Bill. The Bill had been passed by the Lok Sabha during December 2012. The Bill now awaits the President’s nod for enactment into law.
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- Rajya Sabha passes Indian Companies Bill
The Rajya Sabha today (on August 8, 2013) approved the Companies Bill. The Bill had been passed by the Lok Sabha during December 2012. The Bill now awaits the President’s nod for enactment into law.
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- Reserve Bank of India (RBI) Lowers Repatriation Period of Export Income
India’s Central Bank, the Reserve Bank of India has lowered the period of realization and repatriation (from 12 months to 9 months) of the amount signifying complete value of exports for the exporters of goods and software.
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- Restructuring French Subsidiaries may Lead to Financial Liability for Larger Group
In a string of recent decisions, the French Supreme Court has asserted that a parent company can be regarded as the co-employer of its subsidiary’s employees and shares any liabilities that may arise from a restructuring process. Here are some highlights of the issue for companies doing business in France.
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- Russia Clarifies Conditions for Input VAT Deduction on Imports Made by Branches of Foreign Companies
The Russian Ministry of Finance has issued Letter No. 03-07-08/285 clarifying the conditions of Input VAT deduction on import of equipments to Russia by the branches of foreign companies registered in Russia.
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- Russia explains the benefits of electronic document management
The Russian government has issued details of a new electronic document management system, reports Nair & Co.’s International Tax Team.
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- Russia Proposes New Transfer Pricing Deadlines: International Tax Consulting Team
The Russian government has sent Draft Law No. 79859-6, which proposes to set new transfer pricing deadlines for taxpayers, for the second reading to the State Duma (the lower house of the Russian parliament). These changes may affect concerned business operating in Russia, says Nair & Co., which provides international tax consulting for companies expanding overseas.
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- Saudi Arabia Makes Arabic Language Mandatory for Businesses
Saudi Arabia has made Arabic as the mandatory business language in all commercial and business dealings. Companies doing business in Saudi Arabia are required to abide by the new ruling requiring business and commercial documents like utility bills, advertising, contracts, and insurance certifications to be written in Arabic.
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- Setting up your business in Europe: What to Avoid
The webinar that would help companies, their executives and investors understand exactly what needs to be considered and done to safely expand into European markets.
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- Singapore Amends Foreign Manpower Act; Expatriates Affected
In recently implemented amendments to Foreign Manpower Act (EFMA), Singapore has increased law enforcement capabilities of its Ministry of Manpower (MOM) and also redesigned the Personalized Employment Pass (PEP) scheme available to highly skilled foreign workers.
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- Singapore Tightens Entry Rules; Dependents of Expat Workers Affected
Singapore has tightened the sponsorship criteria for dependants of foreign workers. The new legislation, effective from September 1, 2012, aims to restrict the rapid influx of dependants into Singapore and affects P1, P2, S pass and Employment Pass holders.
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- Sir Alan Collins present our ‘Magical Team’ award
In keeping with this spirit, we are delighted to have Sir Alan Collins from Nair & Co. present our ‘Magical Team’ award to the worthy recipients of the NASA Mars rover Curiosity.
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- Sir Alan Collins present our ‘Magical Team’ Award to the worthy recipients at Box
Nair & Co., a global integrated solutions provider helping companies expand internationally, is proud to be named as the sponsor of the Churchill Club “Magical Team” Award.
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- Sir Alan Collins present our ‘Magical Team’ Award to the worthy recipients at Box
Nair & Co., a global integrated solutions provider helping companies expand internationally, is proud to be named as the sponsor of the Churchill Club “Magical Team” Award.
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- Sir Alan Collins to Honour “Magical Team” at The Churchill Club Awards Ceremony
Nair & Co., a global integrated solutions provider helping companies expand internationally, is proud to be named as the sponsor of the Churchill Club “Magical Team” Award. Sir Alan Collins, the firm’s advisor to the Board, will be presenting the award at The Churchills 2013.
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- Sir Alan Collins will present the “Magical Team” category honor to the winner
Sir Alan Collins will present the “Magical Team” category honor to the winner— cloud storage company Box — for “collaborative breakthroughs that resulted in an irresistible product or service.
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- Sir Alan Collins, the firm’s advisor to the Board, will be presenting the award at The Churchills 2013
Nair & Co., a global integrated solutions provider helping companies expand internationally, is proud to be named as the sponsor of the Churchill Club “Magical Team” Award.
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