Manufacturing is a critical component for many product-focused businesses around the world. This list of the top 10 manufacturing countries in the world will give you an idea of where other companies outsource their production needs.
As global compliance experts, Global Upside has been providing relevant news and updates on recent country regulations. With so much going on around the world, it can be easy to get lost in the barrage of information.
Many companies trust their team of lawyers to handle the incorporation and setup of their businesses overseas. But lawyers can only do so much. Usually, lawyers can only incorporate a business but are unable to register the newly formed business for various taxes, etc. and are surely unable to set up the payroll and HR side of things.
As global expansion and virtual workforces become more common, businesses want to know the top countries with the highest corporate tax rates.
Having a tax and compliance checklist is helpful, especially when dealing with multiple jurisdictions where keeping track of changing laws.
Business growth requires more than simply adjusting to a changing economic landscape. Companies need to take a step back and reflect on what trends will come and go, and which will become permanent.
As the global economic landscape continues to evolve, it’s important to understand the benefits of creating a global workforce. Here are just a few of the advantages you can anticipate from expanding to new countries:
Many private equity buyers decide to take on corporate carve-outs, they create opportunities for new potential assets. They can bid for non-core assets of large nationals and multi-nationals seeking to focus on core businesses or hoping to raise capital with any such divestment.
The recent pandemic shined a light on many businesses’ ability to survive as employees were forced to work from home. Remote work has been a topic of debate for many years, but often wasn’t considered a realistic option. But as we’ve seen, new employee flexibility and autonomy hasn’t had any identifiable negative impacts to productivity. In many cases, productivity increased as people saved time on commutes and office chatter.
The new Belgian Code on Companies and Associations came into effect May 1, 2019. The Belgian Code on Companies and Associations (the “BCCA”) repeals the existing Belgian Companies Code (the “Current BCC”) and is aimed at modernising and simplifying company law.