The Corporate Transparency Act takes effect on January 1, 2024 – does your company have to report its beneficial owners to the federal government?
Foreign businesses doing business in Australia - some initial indirect tax considerations
Doing business in, or investing in, Australia may require an understanding of the goods and services tax regime (sometimes referred to as consumption tax, value added tax or goods and services tax). Here is a brief guide on GST in Australia for foreign businesses that may be about to do business, or invest, in Australia.
Key Australian taxation changes for New Zealand citizens
Are you a New Zealand citizen (or member of a related entity) that has purchased residential-related property or land in New South Wales (NSW)? Are you a New Zealand citizen that is considering becoming an Australian citizen?
If so, there are certain new/revised measures and interpretations of the law and associated guidance which may have a significant impact on your Australian taxation position.
New Register Of Foreign Ownership – Investment In Australia Just Got More Complex!
With effect from 1 January 2021, the FATA was amended to (among other things) introduce the Register of Foreign Ownership of Australian Assets. It was contemplated in the amendments to the FATA that the New Register would come into effect at a later time. That later time was 1 July 2023. [...]
Client Alert - Duty to Communicate Beneficial Owner by 11 December 2023
The Decree of September 29, 2023 of the Ministry of Enterprises and Made in Italy concludes the long and troubled regulatory process for the establishment of the Register of Beneficial Owners introduced by Legislative Decree no. 90 of May 25, 2017, implementing Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing.
Green is the new gold in M&A: How ESG has assisted in maximising value for purchasers
Environmental, social and governance (ESG) is not just a trend, it’s the new reality. Investors are putting their money where their values are, and ESG principles are leading the way. The pandemic, climate change, cyber incidents, supply chain challenges, economic disparities, and social justice movements have all accelerated this trend, and businesses need to take notice.
Africa presents a wealth of opportunities for investors, boasting a youthful and rapidly expanding population, vast natural resources, a burgeoning middle class, and a commitment to economic reforms. With many African economies still in the nascent stages of development, it presents a unique opportunity for investors to tap into a market that is poised for growth and the potential to yield higher returns compared to established and mature markets. Thus, investing in Africa can offer a high growth potential and profitability, making it an attractive option for those seeking to diversify their portfolios beyond developed economies.
Globalaw unveils a new map featuring Members and Partners across Africa.
Africa is the second largest and second-most populous continent in the world. It is fitting therefore that Globalaw is organising from the 16-18 March 2023 its first ever EMEA event on African soil with the support of host firm Fraikech Associés (link to program). In that context, Globalaw published its ever map of members and partners in Africa.