In October 2021 the Organization of Economic Co-Operation and Development (OECD) announced that 136 countries have reached an agreement on a two-pillar International Taxation approach which was introduced in 2020…
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TrustConsult opens Monaco office on its 20th year of history
The Luxembourg-originated international Trust boutique, celebrating its 20 years of history in 2022, with a presence in Brussels, Geneva, Luxembourg, Hong Kong, and Dubai, has just acquired a corporate service…
Read more »Russia: Low taxes for IT companies – a review
More than a year has gone by since President Putin announced a sweeping tax maneuver for the IT sector and its entry into force on January 1st 2021. By decreasing…
Read more »VAT on digital services: Russian edition
The taxation of digital businesses is an issue being discussed around the globe at present. Digital services are rendered remotely, suppliers do not physically cross borders and therefore report their…
Read more »Russia: Major Tax Maneuver for IT Companies – Risks and Opportunities for International Companies
During the pandemic, the Kremlin has announced a series of amendments to the tax code. A major change concerns a sweeping tax maneuver for the IT sector. By decreasing the…
Read more »How You Can Finance Your Company in Russia
Your Russian daughter-company will probably need some financing someday—whether it is during the initial phase of your new business in Russia, an economic downturn, or to boost your company’s active…
Read more »Almost everything you need to know about Doing Business in Russia – Updated guide by Bellerage
Entering or expanding in a new market always raises questions about the legal and financial regulations. An overview of them is central to choose the right business strategy. To help…
Read more »Bellerage in the Top-3 of accounting providers in Russia
Bellerage in the Top-3 of accounting providers in Russia XLNC founding member Bellerage moved up for the first time to the TOP-3 of accounting and tax outsourcing firms in Russia…
Read more »Special Expat Regime in Spain
Considering the last years´ level of internationalisation and to promote the arrival in Spain of qualified workers who generate added value to the Spanish economy and entities, the Spanish legislator…
Read more »COVID-19 Federal Support Quick Reference Guide
This guide provides a very simple overview of each COVID-19 Federal Support Program, with an emphasis on application deadlines. All programmes are much more complex than noted below and we…
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