I WAS IN BUSINESS BECAUSE…
Recently, we shared the main ideas of a video in which a successful American entrepreneur and blogger Patrick Beth-David talks about his mistakes in business. If you have not read…

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Why do we need a foreign company?
To be brief, a foreign company is needed to develop its own business and itself. Why is it still important to have your own foreign company? The detailed answer is…

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What is offshore, onshore and midshore?
If you have ever created a business on your own, from the zero cycle, then you probably took into account the different possibilities for the place of registration. This usually…

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Contribution to property has become repayable. Will he become an alternative to a loan in a group of companies

Making a choice in favor of one or another reason for tax-free cash flow in a group of companies, the possibility of their return without taxes is often a key criterion. If we add to this the efficiency of processing, we get the expected result – loans are the most popular tool for the flow of money.

The closest alternative to a loan – a contribution to property without increasing the authorized capital – has long been virtually irretrievable. The return on investments was possible only in the form of dividends or upon sale of a share in the business, with appropriate taxation.

Since the beginning of 2019, the situation has changed – the participant has the opportunity to return previously made contributions to the property of a subsidiary without additional taxation. Continue reading

Elimination of minority shareholders in LLC: how to do and how to prevent

LLC is the most common form of legal entities in Russia. This is a kind of intermediate type of participation in entrepreneurial activity between the association of only capital (joint-stock companies) and the association of personal, primarily labor, participation (for example, a production cooperative). It is this feature that determines the rules for exclusion of a person from the membership of LLC, the presence of a number of special rules aimed at protecting his interests.

For example, without the consent of all participants, a company cannot be reorganized (for comparison, in joint-stock companies, in order to make such a decision, 75% of the votes of those participating in the meeting of shareholders must be collected). This protects the interests of all participants, primarily personal participation, taking into account personal opinions, regardless of their share in the authorized capital. Continue reading

Practical aspects of accounting for business combinations in the fuel and energy sector

A contribution is any economic resource that creates or can create returns as a result of applying one or more processes.A process is any system, standard, protocol, agreement or rule that, when applied to a deposit or deposits, creates or can produce returns.

Return – the result of contributions and processes applied to such deposits that provide or are able to provide income in the form of dividends, cost savings or other economic benefits directly to investors or other owners, members or participants.

Given the fact that the acquisition of a business and a group of individual assets is reflected in the statements differently, it is important to understand how the first differs from the second. Such an analysis is based on the three components of a business in terms of IFRS 3 Business Combinations, which is why if a company is able to demonstrate contributions, processes and returns, then, as a rule, there is a business as such. Continue reading

31 WAY TO SHOW EMPLOYEES THAT YOU APPRECIATE THEM
It is important for employees to know what they are valued for, both for professional achievements and personal qualities. Recognition of achievements really pays off, increases productivity by up to…

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FINNEXT 2019: TOP INNOVATION IN RETAIL, FINANCE AND REAL ESTATE
Emology = People + Technology Technological effectiveness today gives way to humanity. In the world of financial services, the winner is the one who has acquired technological trends, provided users…

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Why do we need a foreign company?
To be brief, a foreign company is needed to develop its own business and itself. Why is it still important to have your own foreign company? The detailed answer is…

...

Simplification of the business structure: 5 reasons for enlarging a group of companies and 6 reasons not to do this
Structuring a business is usually associated with an increase in the number of companies in a group. There are many reasons for this. There are even more solutions to isolate…

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