SUNNYVALE, Calif.--(BUSINESS WIRE)--Nair & Co., the leader in international expansion services has released HR, Regulatory and Taxation updates for companies doing business in Israel, Norway, Russia, and the U.K.
Webinar: Expansion into the Asia Pacific Markets: Identifying &
Leveraging the Right Opportunities
Thursday Sept 26, 2013
11:00
am PST/2 pm EST
International expansion done right can lead to sustainable growth and ensure the long terms success of a company. The wrong move into the wrong market at the wrong time can derail company growth. How do companies make educated strategic decisions in understanding the legal and political, as well as the economic implications of expanding into specific Asia Pacific markets?
In this one hour interactive webinar renowned international business experts from Nair & Co. will discuss what companies need to know in terms of legal entity setup, profit repatriation, employment, compliance and taxation issues when considering expansion into Asia Pacific markets.
Register at http://www.nair-co.com/Webinar-ExpansionIntoAsiaPacific.aspx
Israeli Government Approves Budget 2013-2014
The Israeli government has approved the Budget for the fiscal year 2013-2014, announcing significant changes to both individual and corporate tax regulations. The provisions related to tax rates will take effect as of January 1, 2014, and rest of the provisions will generally take effect as of August 1, 2013.
Read more at http://www.nair-co.com/Israeli-gov-approves-2013-14-budget-11-09-2013.aspx
Norway amends VAT Regulations
The Norwegian government has exempted foreign businesses from appointing a VAT representative, if the company is headquartered in a country having a tax information exchange agreement or a mutual assistance agreement for the collection of VAT with Norway.
Read more at http://www.nair-co.com/NorwayVATRules-11-09-2013.aspx
Russia Clarifies Regulations Related to Withholding Tax on Payments to Foreign Legal Entities
The Russian government has clarified that a resident legal entity acting as a tax agent will not be allowed to pay Corporate Income Tax (CIT) due on behalf of a foreign legal entity that derives income in the country. With this announcement, Russia has cleared out the confusion as to who will primarily be accountable for the payment of Corporate Income Tax, says Nair & Co.’s International Tax Services Team.
Read more at http://www.nair-co.com/RussiaCorporateIncomeTax-04-09-2013.aspx
International Business Guide
Nair & Co. launches “International
Business Guide” online platform featuring information on
Employment Laws, Legal Entities, Payroll, Accounts, Corporate and
Indirect Taxes from 40 key jurisdictions worldwide. The IBG caters to a
need for timely and accurate business information, for companies wishing
to optimize their multinational operations.
Please Visit
at https://ibg.nair-co.com
UK: Overtime Payments counting towards Holiday Pay
In the recent case of Neal v Freightliner Ltd an employment tribunal has held that an employee’s overtime payments should be counted when calculating holiday pay if it is ‘intrinsically linked to the performance of his duties’.
Read more at http://www.nair-co.com/UKOvertimePayments-11-09-2013.aspx or get in touch with our international expansion services team at info@nair-co.com to learn more about our services in 50+ countries.
About Nair & Co.
Nair & Co. provides you with your one touch outsourced finance, HR, legal and global tax compliance department for your international operations. If you are expanding abroad for the first time or increasing your global footprint, our turnkey solutions help you do so with minimal risk, stress and cost. We support 1000+ client operations in over 56 countries and have core offices in U.K., India, China, U.S., Japan and Singapore. Nair & Co. was named among the top 100 outsourcing services providers in the world by the International Association of Outsourcing Professionals (IAOP). Learn more at www.nair-co.com or contact us at http://www.nair-co.com/global-offices.aspx
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