"The present steep climb in gas prices affects European energy-intensive industries immediately and necessarily. Wherever there is a high demand on heating and energy, almost every company will be indirectly affected in the business scene. The commercial sectors in Europe are the ones most likely to be hit by the extreme high gas prices, where even a short-term price increase affects production and service costs through cooling, heating, drying, lighting and so on," Mate Tot, Head of Energy at FinExpertiza Hungary, told the premier Russian news agency RIA Novosti.
The expert pointed out the industries most likely to be affected by the ongoing price hike: "The chemical industry, for example, nitrogen plants in Europe, is also exposed to risks, as well as hydrogen production, e.g. in Germany, where not "green" hydrogen but blue is dominant, generated from gas."
Source:
https://finexpertiza.com/en/news/mate-tot-rost-tsen-gaz/
The expert pointed out the industries most likely to be affected by the ongoing price hike: "The chemical industry, for example, nitrogen plants in Europe, is also exposed to risks, as well as hydrogen production, e.g. in Germany, where not "green" hydrogen but blue is dominant, generated from gas."
Source:
https://finexpertiza.com/en/news/mate-tot-rost-tsen-gaz/
Audit without borders, consulting without limits, a steady spot in the global networks top-rating, membership in the "elite club" of the audit profession, offices in 17 countries and an international team of 1 300+ strong - these and many more professional conquests FinExpertiza Global gets complimented on today.
On our network’s birthday we thank our trusted partners, loyal clients and FinExpertiza Founder Elena Trubnikova. Sustainably high standards of business support on any continent is a vision come true - all because of you!
On our network’s birthday we thank our trusted partners, loyal clients and FinExpertiza Founder Elena Trubnikova. Sustainably high standards of business support on any continent is a vision come true - all because of you!
IV FinExpertiza Global Conference is officially open in Limassol, Cyprus. Over the next two days heads of FinExpertiza member companies from 17 countries will discuss vital issues of the post-corona crisis agenda: economic development, digitalization and sustainable development. The delegates will share expertise in the core fields of audit and consulting and will cover a wide range of topics such as the influence of the pandemic on marketing models, tax aspects of crypto currencies, social impact bonds, energy legislation and more.
The International Audit and Consulting Network FinExpertiza was joined by Global-Audit from Uzbekistan. Currently, FinExpertiza's geographical footprint includes 17 countries.
Since 1997, Global-Audit has been providing clients with comprehensive services in audit, accounting, tax and business consulting. The company is based in Tashkent and has branches in the Fergana Valley and Kashkadarya Region.
"Currently, the economic interaction between Russia and Uzbekistan is growing steadily. Cooperation with Global-Audit will provide our clients with more opportunities for business development in the republic," said Ilgiz Baymuratov, Vice President of FinExpertiza Global.
Since 1997, Global-Audit has been providing clients with comprehensive services in audit, accounting, tax and business consulting. The company is based in Tashkent and has branches in the Fergana Valley and Kashkadarya Region.
"Currently, the economic interaction between Russia and Uzbekistan is growing steadily. Cooperation with Global-Audit will provide our clients with more opportunities for business development in the republic," said Ilgiz Baymuratov, Vice President of FinExpertiza Global.
"Christmas isn’t a day or a season, it’s an atmosphere. Wherever you are, it’s a chance to realize that you belong to an enormous global family. This is how we feel at FinExpertiza Global, and we do hope you catch this unique vibe that binds us together all year round! Merry Christmas!"
Elena Trubnikova
President, FinExpertiza Global
Elena Trubnikova
President, FinExpertiza Global
Dear friends, colleagues and partners! The New Year opens the hearts of your family and friends, while sadness and regret hurry out of the room, away from the Christmas tree. Over the past few years we’ve all learnt this lesson: whatever the times bring, we can deal with them, and they can’t deal with us. Hence our motto: "Can’t knock us down!" Happy New Year!
https://youtu.be/7m0VKI9drKE
https://youtu.be/7m0VKI9drKE
YouTube
С Новым Годом!
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"With the tax rate below 10 per cent and an exemption limit of Dh375,000 (about $100,000) profit, the UAE is a very attractive place to do business. The business community will take this in their stride and be part of the UAE success story," said Atik Munshi, Managing Partner at FinExpertiza UAE, to Gulf News.
The fact that the UAE’s corporate tax regime will come into effect from June 1, 2023 gives businesses - and all concerned - ample time to prepare. "There is usually a surprise element when most governments plan on introducing any kind of tax. So, a window of a year should actually be sufficient for business houses to plan," noted Atik Munshi.
The UAE introduces a federal corporate tax on business profits for the first time, the rate is 9%.
The fact that the UAE’s corporate tax regime will come into effect from June 1, 2023 gives businesses - and all concerned - ample time to prepare. "There is usually a surprise element when most governments plan on introducing any kind of tax. So, a window of a year should actually be sufficient for business houses to plan," noted Atik Munshi.
The UAE introduces a federal corporate tax on business profits for the first time, the rate is 9%.
FinExpertiza has moved up on the IAB rating, recaching #6 on the top 10 list of audit companies in Russia. The International Accounting Bulletin (IAB) is an influential trade magazine that covers the global accounting business. Each year IAB publishes a World Survey that ranks the leading 40 accounting networks and associations. Over the years FinExpertiza Global has upheld its position as an industry leader both on the home market and internationally.
At the end of January 2022, the reporting deadline expired in Cyprus for cross-border transactions concluded between June 25, 2018 and December 31, 2021. According to the requirements of the sixth amendment to the EU Directive on Administrative Cooperation (DAC6), starting from January 1, 2022, businesses in Cyprus are required to report on international transactions within 30 days.
DAC6 applies to any business that carries out cross-border transactions involving at least one of the EU countries. Cyprus was the last EU country to implement DAC6 into national legislation.
"In this situation, it is important to note that DAC6 Directive has retroactive application. This means that the law has retroactive effect, and the starting point will be directly on June 25, 2018. Failure to comply with the reporting disclosure requirements threatens businesses with significant fines, up to 20,000 euros," notes George Tsamourlidis, Head of Tax Practice of FinExpertiza Cyprus.
FinExpertiza Global specialists are ready to advise you in detail on all issues related to compliance with DAC6 requirements and doing business in the EU.
Contact:
Anna Molchanova
molchanova@finexpertiza.ru
DAC6 applies to any business that carries out cross-border transactions involving at least one of the EU countries. Cyprus was the last EU country to implement DAC6 into national legislation.
"In this situation, it is important to note that DAC6 Directive has retroactive application. This means that the law has retroactive effect, and the starting point will be directly on June 25, 2018. Failure to comply with the reporting disclosure requirements threatens businesses with significant fines, up to 20,000 euros," notes George Tsamourlidis, Head of Tax Practice of FinExpertiza Cyprus.
FinExpertiza Global specialists are ready to advise you in detail on all issues related to compliance with DAC6 requirements and doing business in the EU.
Contact:
Anna Molchanova
molchanova@finexpertiza.ru