• Can GGI Successfully Participate in a Cross-Border Audit Tender Process?

    Can GGI Successfully Participate in a Cross-Border Audit Tender Process?

    By Anders Hübertz Mortensen and Mads Anker Jensen, Dansk Revision Randers

    During the autumn of 2018, one of our clients asked us if we could facilitate an audit tender for them. Their current solution in Germany and Switzerland was, for a number of reasons, unsatisfactory, due mainly to the fact they did not feel anyone had taken the responsibility as group auditor. This made the yearend process slow and frustrating. For historical issues, our firm has a strong position in the group. They still wanted our company, Dansk Revision Randers (Denmark), to be the auditor for the Danish entity but wanted a change for the rest.

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  • Trademarks are Subject to Enforced Execution in Bosnia and Herzegovina

    Trademarks are Subject to Enforced Execution in Bosnia and Herzegovina

    By Ognjen Bogdanic, Law Firm Sajic

    Trademarks are protected by intellectual property rights and therefore have an important position in the global market economy, as well as in the daily turnover of goods and services. The financial value of trademarks in the modern business world is immeasurable.

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  • Brexit: No Deal – Deep Impact on British Employment in Germany

    Brexit: No Deal – Deep Impact on British Employment in Germany

    By Anette Sophie Klapproth, FACT GmbH

    While the search for the Brexit compromise is running at full speed, the question is raised as to the possible consequences under labour law for British employees in Germany.

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  • Changes Regarding the Auditor’s Opinion for Non-PIEs in Germany

    Changes Regarding the Auditor’s Opinion for Non-PIEs in Germany

    By Dr Thomas Geiger, Munkert & Partner Steuerberater Wirtschaftsprüfer Rechtsanwälte GbR

    Starting with the current busy season, the wording of audit opinions for non-PIEs will be significantly different from the previously issued auditor’s opinions in Germany.

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Law

Romania

Doing Business in Romania: New Quota for Migrant Workers

By Karina Reizner, Hategan Attorneys

Romania has undergone one of the most promising economic growths among the EU states in the last few years. The height of the economic boom saw a 7% GDP growth in 2017, slowing down to a forecasted 3.8% GDP growth in 2019: still one of the highest growths in the European Union. This economic success is due partially to the flow of foreign direct investment (FDI) into Romania which might break the EUR 5 billion milestone in 2019, a height which has not been experienced in more than a decade.

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Real Estate

real estate

Opportunity Zones: Taking Advantage of US Emerging Markets

By Tony Constantine, Ciuni & Panichi, Inc.

The United States’ opportunityzone programme encourages investment into what Senator Cory Booker describes as “domestic emerging markets”. The programme is a departure from traditional economic-development programmes. It provides taxpayers with the ability to redeploy unrealised gains for the purpose of revitalising distressed areas without an immediate tax burden.

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Taxation

research and development (R&D)

Mexican Tax Credits and Incentives

By Prof Sergio Guerrero Rosas, Guerrero y Santana, S.C.

With the entry of the new government in Mexico led by President Andrés Manuel López Obrador, new foreign- investment opportunities seem to open up, mainly in the Mexican southeast and in the northern border area, so here is a brief summary of some tax credits and current incentives in Mexico.

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