Malaysia: New Companies Bill Aims to Simplify Corporate Governance, Increases Liabilities of Directors Malaysian parliament, the Dewan Rakyat, passed the new Companies Bill earlier this year. The bill will replace the 50-year-old Companies Act of 1965 and is expected to come in force by end of 2016. Here are the five key changes proposed in the Companies Bill: Incorporation gets…
Seminar: Global Expansion Strategy Join us for a seminar on “Global Expansion – Getting it Right” to learn real-world insights, examples, and practical tips for companies going global including: Steps companies should take to ensure they are truly prepared to expand Creating the optimal legal structure Tax and compliance issues that often sidetrack expanding companies Countries that…
EU Says Yes to Trade Secrets Directive The European Parliament, in April, approved a new directive on the protection of trade secrets that will provide common minimum statutory standards for all member states and most importantly provide a clear definition of what constitutes a trade secret. As per the directive, a trade secret is: Information…
Global Expansion Strategy Thursday, June 9, 2016 6:00 pm – 9:00 PM PST Runway Incubator 1355 Market Street Suite 488 San Francisco, CA 94103 Post-Webinar Q&A Cost: Early Bird until June 2, 2016: $10 Members, $15 Non-Members Regular: $20 Members, $25 Non-Members Day of the Event: $35 We may communicate with you regarding this event…
Post-Webinar Q&A: Growing Your Presence in Europe Thank you to all who attended last week’s European Expansion Webinar presented by Global Upside and IBT Partners. Although we tried to answer many questions during the live session, there were still some questions we couldn’t cover in time. Post-Webinar Q&A Download Presentation We may communicate with you regarding this…
Webinar- Growing Your European Presence For most US companies, Europe is a key part of their international expansion strategy. But the complex regulatory and compliance requirements leave a lot of room for errors and misjudgment – often resulting in severe penalties for companies. Growing Your European Presence Download Slide We may communicate with you regarding…
Keeping Private Data Private: EU’s New Regulations The General Data Protection Regulation (GDPR) is the European Union’s new common framework and is expected to be enacted by 2018. Under these new guidelines, member states must implement a set of common regulations, yet can include local additions. The common regulations are founded on the principles outlined…
China: New Family Planning Legislation and Impact on Employers China has relaxed its strict family planning policies in a 2016 legislation that revokes several population control measures including incentives for late marriages or late childbirth. Here are some highlights of the new “two-child” policy: Maternity Leave In 2015, China’s base maternity leave was 98 days…
Canada: Review Employment Contracts to Limit Bonus Pay-off Obligations for Employees During Notice Period Canadian courts have a clear-cut view on employee bonus: if the bonus is an integral part of the compensation then employers need to pay the bonus to their employees during the notice period. However, in a recent ruling the Canadian judiciary…
Hong Kong to Introduce AEOI Standard, US Companies Need to Review Compliance Hong Kong announced the new Inland Revenue amendment bill last month. The bill offers a legal framework to set up the Automatic Exchange of Financial Account Information (AEOI) in the country. The law will help in combating money laundering, corruption and terrorism financing.…
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