Knowledge Central

A collection of articles, insightful tips, and country information

Filter Our Posts

Jun 19, 2020 How-To North America

International Tax Compliance (Setup and Ongoing)

International tax compliance is an increasingly difficult burden for global companies. Tax rules and regulations, reporting requirements, and tax return deadlines are demanding, vary between countries, and change frequently. It can difficult for business to coordinate with local authorities, especially when they don’t have in-country expertise or dedicated staff. As a result, international tax compliance […]

Read More
Jun 16, 2020 How-To North America

International Accounting (Setup and Ongoing)

International accounting follows strict reporting methods and standards, but it often varies between regions. An increasing number of companies run global operations making international accounting compliance extremely important. Many businesses do not have the know-how or resources to meet increasingly difficult international accounting demands. Fortunately, solutions exist. Here are a few of the international accounting […]

Read More
Jun 04, 2020 News North America

Update on Entity Registrations due to COVID-19

Entity registration around the world has slowed down considerably or come to a grinding halt due to the coronavirus. Businesses caught up in the registration process in a new foreign market are now sitting, waiting, and hoping they will get approval so they can start exploring opportunities. While the registration process continues in some countries, […]

Read More
May 30, 2020 News Europe

Update: Netherlands’ legislative response to COVID-19

The Dutch government has implemented many legislative changes, grants, incentives, and extensions to ease the strain on business. The following are the current benefits offered. Temporary Emergency Bridging Measure (NOW) Employers can claim substantial compensation for 3 months wages, providing they retain their employees and expect at least a 20% loss of turnover. The minimum […]

Read More
May 29, 2020 News Europe

Update: Belgium’s legislative response to COVID-19

The Belgium government has implemented many legislative changes, grants, incentives, and extensions to ease the strain on business. The following are the current benefits offered. Temporary Unemployment Scheme All employers experiencing a temporary closure of their business or a reduction in workflow due to COVID-19 can invoke temporary unemployment (furlough). Employers can suspend full and […]

Read More
May 28, 2020 News Europe

Update: Italy’s legislative response to COVID-19

The Italian government has implemented many legislative changes, grants, incentives, and extensions to ease the strain on business. The following are the current benefits offered. Employee Wage Grant All employers, regardless of size and sector, can apply for a 50% employee wage grant for a maximum of 9 weeks if they decide to suspend operations […]

Read More
May 24, 2020 News Europe

Update: Spain’s legislative response to COVID-19

The Spanish government has implemented many legislative changes, grants, incentives, and extensions to ease the strain on business. The following are the current benefits offered. Temporary Unemployment Measures (ERTE) Companies can temporarily suspend work contracts or reduce hours while keeping their employees on their payroll. Employees receive up to 70 percent of their original salary […]

Read More
May 21, 2020 News Europe

Update: Germany’s legislative response to COVID-19

The German government has implemented many legislative changes, grants, incentives, and extensions in response to the impact on business due to the coronavirus. The following are the current benefits offered. Emergency Aid Programme Small enterprises with up to 10 employees, including sole proprietors and freelancers, can apply for grants, regardless of industry. Those with a […]

Read More
May 20, 2020 News Europe

Update: France’s legislative response to COVID-19

The French government has instituted many reforms as well as new initiatives to ease the strain of COVID-19 on business. We encourage you to explore your options if your company is struggling due to the coronavirus. Solidarity Payment for Small Business Businesses with less than 10 employees and earning less than €1 million a year […]

Read More
May 18, 2020 News Oceania

Update: Australia’s legislative response to COVID-19

The Australian government has implemented many legislative changes, grants, incentives, and extensions to ease the strain on business. The following are the current benefits offered.  Job Keeper Payments Businesses significantly impacted by the Coronavirus outbreak can access a subsidy from the Government to continue paying their employees. This subsidy may apply to sole traders and […]

Read More
May 13, 2020 News Asia

Update: China’s legislative response to COVID-19

Most businesses in China are slowly returning to work and resuming business and production. In the meantime, policies implemented by the central and local government may ease the strain on business. Corporate Income Tax Qualifying enterprises may deduct the full cost of new equipment without depreciation or those in transportation, hospitality, and tourism may carry […]

Read More