Germany’s first GDPR fine underscores the willingness of authorities to enforce the law, but its relatively low amount may also indicate leniency for companies that take swift corrective action.
An employer that operates in multiple countries needs to protect itself against the possibility of hiring a worker who doesn’t suit the organization. This post outlines some critical best practices to minimize those risks.
A trust account can in many situations be used instead of a foreign bank account when operating internationally. In the right situation, a trust account offers a simple, cost-effective solution to making payments. We tell you how trust accounts work and when you can use them.
Our top five articles of 2018, including global parental leave trends and what millennials value in the workplace.
Many companies that operate in multiple countries don’t understand the risks associated with terminating employees, which can be significant and vary by jurisdiction. Despite country-specific differences, there are widespread concepts in place that multinational employers should be aware of. Understanding them will help you avoid common pitfalls and help you ask the right questions when beginning the termination process.
Starting January 2019, all VAT-registered businesses in Italy must issue invoices electronically using the country’s online exchange system. The law applies to all types of sales, including B2C and B2B.
Dominated by disputes between China and the US, the recent Asia-Pacific Economic Cooperation summit in Papua New Guinea ended without an agreement for the first time in its history. Escalating tensions between the two economic superpowers, and their ongoing trade war, have businesses scrambling to avoid tariffs and operational disruptions.
Employers are less likely than ever to stigmatize mental health issues as companies realize the extent of the problem and the toll it takes on productivity and business continuity. A recent study by the World Health Organization found that depression and anxiety cost the global economy a staggering $1 trillion per year.
In September 2018, Indian authorities ruled that a certain local supplier was providing marketing, sales-promotion and post-sales support services that could not be considered passive marketing activities. Many corporate groups doing business in India will need to reevaluate their indirect tax positions in light of the recent ruling.
Poland has experienced a remarkable economic boom in recent years and in September was promoted to Developed market status by FTSE Russell. Vistra’s Kenny Morgan explains why Poland is such a hot expansion target for multinationals and explores some of the opportunities and challenges it presents.
Hong Kong has joined the large and growing list of countries that have implemented new transfer pricing requirements. Here’s what you need to know.
Many multinationals operating in or considering expanding to the UK are concerned Brexit may make the region less attractive to employers. This post explores steps UK organizations can take to mitigate the short- and long-term effects of Brexit on their employees and their own organizations.