Knowledge Central

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May 13, 2020 ,

Update: Singapore’s legislative response to COVID-19

The Singapore government has implemented many legislative changes, grants, incentives, and extensions to ease the strain on business. The following are the current benefits offered.  Jobs Support Scheme Enterprises will receive an 8% rebate on wages to help retain their local workers. It will be issued in July 2020 for up to $3,600 per employee […]

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May 12, 2020 ,

Update: Argentina’s legislative response to COVID-19

The Argentinian government has provided grants, financing, and deferments for businesses affected by the coronavirus. Some of the relief, targets micro, small and medium enterprises, while others offer relief for companies that provide healthcare benefits to employees. Social Security Contribution Reduction Employer contributions are reduced by 95% for sectors critically affected by the coronavirus pandemic, […]

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May 09, 2020 ,

Update: Mexico’s legislative response to COVID-19

The Mexican government has implemented legislative changes, grants, incentives, and extensions to ease the strain on the business. President Andrés Manuel López Obrador has pledged a 25,000 pesos ($1,000) credit for business owners, but that has yet to come to fruition. Debt Rescheduling The government has temporarily adjusted the accounting rules for banks and other […]

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May 07, 2020 ,

Understanding legislative impacts in Canada during COVID-19

The Canadian government has implemented many legislative changes, grants, incentives, and extensions to ease the strain on business. The following are the current benefits offered. Your company can use their self-assessment tool to determine which applies to your business. Income Tax Deferral Businesses may defer income tax balances due and instalments until after August 31, […]

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How to Expand Your Business Globally: Tips From the Experts

Imagine this scenario: It has been three years since you launched that killer product in the US. You’ve experienced exponential growth in sales. Your market research shows that demand for your product is strong in EU and ASEAN countries, and you consider expanding globally. Make Sure You Understand Challenges Associated with Expanding Globally Before you hop on a […]

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May 04, 2020 ,

Update: UK’s legislative response to COVID-19

Covid-19 has had an incredible impact on the business world. As a result, the UK government has implemented various legislative changes, grants, incentives, and extensions to ease the strain. This self-assessment tool can help determine which of the following benefits apply to your business: Wage Grant Employers, regardless of size or sector, can claim a […]

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Attractiveness of Latin America for Global Expansion

Global expansion can provide asset diversification, a richer talent pool, access to countless new markets, and fantastic business opportunities.  However, the world is a big place and it can be difficult to decide which country to choose. Fortunately, there’s a strong case for doing business in Latin America. Here’s why.  Untapped LATAM Markets  The U.S. […]

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What Are the Main Costs of Hiring in Europe

Hiring in Europe involves finding the right talent at the right price. This involves many factors, including costs and complexities that are not often considered.  While Europe is an attractive business area with affluent markets, stable economies, and accessibility, it is also vast and varied. Here are just a few of the main costs your business should consider when hiring in Europe and ways to overcome these challenges.  European Payroll  Payroll […]

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Know-Your-Customer (KYC) Regulations

Know Your Customer (KYC) regulations are critical for international businesses. They’re used to assess risk and to fulfill the legal requirements of Anti-Money Laundering (AML) laws. These regulations are complicated enough when operating nationally, but complexity multiplies with each additional territory. Cross-border transactions merit in-depth precautions. As a result, global companies need a robust framework […]

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What Are the Main Costs of Hiring in Africa

Costs of hiring in Africa vary greatly. The continent of Africa presently includes 55 countries, all with varying economic, cultural, and political conditions.  When you recruit for Africa you can’t rely on the same methods you use in your host country. Accounting, payroll, tax, and other requirements often differ greatly. Additionally, some African countries are better-suited for foreign business than others.  Fortunately, Blueback Global can help your business overcome these challenges. Here […]

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Outsourcing in a Time of Economic Hardships

Outsourcing may not be the first thing that springs to mind when considering what your company can do to survive economic hardship. However, the benefits it can provide are precisely what many businesses need to weather these uncertain, trying times. Control & Optimize Costs One only has to watch the news to see reports of […]

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What Are the Main Costs of Hiring in Latin America

Hiring in Latin America is a sensible solution for any business looking to expand globally, especially for North American companies.  Choosing a “nearshore” Latin American location often ensures a similar infrastructure, time zone, and cost-effective pricing structures. Many nations have a North American work ethic and value business partnerships.  Latin America is also an attractive option since many regions boast rich natural resources and geographic accessibility. When […]

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