Doing Business In: Iceland
The Icelandic business environment can be described as a modern western environment. Iceland is a member of the EEA Agreement and as such enjoys the benefits of the European Single Market. In a recent survey Iceland was ranked 12th in Europe in a country ranking measuring the ease of doing business. Furthermore, Iceland ranked 12th …
Change is an inevitable and constant force in our lives, and its impacts are deeply felt in the importance of wealth management and business structuring. In a world where personal and corporate landscapes evolve rapidly, the ability to adapt and strategize becomes crucial. Life’s journey is unpredictable, often altering personal circumstances, financial goals, and business …
The Sultanate of Oman is proudly recognized as a nation founded on political stability with exceptional prospects for economic growth. Much like the rest of the gulf region, Oman and its business sector are far more than simply ‘developing’, with an abundance of natural resources in minerals, renewable energy and technology, Oman has been dedicated …
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Doing Business In: Armenia
Global Reach Through Treaties: Armenia has signed over 50 bilateral investment treaties (BITs) and double taxation [elimination] treaties (DTTs) with countries worldwide, including the United States, Canada, Switzerland, and China. Armenia is a member of several multilateral treaties (including the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID) …
Embarking on a business venture in Iraq presents a distinctive set of challenges and opportunities. While it’s true that Iraq is positioned towards the lower end of the World Bank’s ease of doing business report, this ranking only scratches the surface of what the country has to offer. As one of the globe’s richest nations …
Focus on: Banking Legislation in Turkey
The main legislation governing the banking sector is Law No 5411 (the “Banking Law”). Other key legislative and regulatory provisions are: Law No 1211 on the Central Bank of the Turkish Republic; Law No 6362 on Capital Markets; Law No 6102 on the Turkish Commercial Code (TCC); Law No 6098 on the Turkish Code of …
Doing Business In: Moldova
In 2023, Moldova’s GDP amounted to approx. USD 14.5 billion, a slight increase compared to 2022. The 2022 drought was one of the factors that contributed to the decrease of the GDP, leading to a 25.8% reduction of the gross added value of the agricultural sector to the GDP and an overall 2.7% GDP decrease. …
Any foreign employer willing to hire personnel in Italy is obliged to put in place several fulfilments that can be summarized as follows: registering with the Italian labour authorities (I.e., INAIL, INPS and Local employment office); running a monthly payroll in compliance with the law and to the chosen National collective bargaining agreement (“NCBA”), if …
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As we stand on the brink of a sustainable energy revolution, Sweden emerges as a shining exemplar of the potential and proficiency in renewable energy. Sweden was Europe’s largest net exporter of electricity[1] and offers competitive electricity prices (especially in the northern parts of Sweden). Due to this Sweden has a leading position in renewable …