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Author: Юрий Красильников

CMO of FBS Elena Tkachuk Conducted a Master Class at the V International Forum on Promotion of Legal Services PLS

Published: Yurii Krasilnikov | 07/12/2017 | news

On December 6, Elena Tkachuk, the CMO of Finance Business Service, performed at the V International Forum on Promotion of Legal Services PLS with a master class on the topic “Law Firm on the Internet: Where and How to Catch a Client.” The event, which organizer, according to the tradition, was the newspaper of Ukrainian lawyers, “Legal Practice”, took place in the conference hall of the Premier Palace Hotel (Kyiv, Shevchenko Blvd./ Pushkinskaya Str., 5-7/29). The presentation of Elena Tkachuk was intended for everyone who wants to know what promotion tools on the Internet would help to raise brand awareness, create an image of a company of professionals of international level, attract new customers and increase the number of sales. Judging by the fullness of the hall, there were enough such people among the Forum participants. What kind of promotion to use - paid traffic or SEO optimization, where to invest more resources and what to start with, what is the marketing role of social networks and messengers, what the chatbots can do in a law firm - these and other issues were discussed in detail during the master class. The speaker made a special emphasis on the importance...

Chief Marketing Officer of FBS Elena Tkachuk will hold a master class within the framework of the V International Forum on Promotion of Legal Services PLS

Published: Yurii Krasilnikov | 24/11/2017 | news

On December 6, the Chief Marketing Officer (CMO) of Finance Business Service Elena Tkachuk will hold a master class on the topic “Law Firm on the Internet: where and how to catch a client” within the framework of the V International Forum on Promotion of Legal Services PLS. The event will take place on December 5-6 in the conference hall of the Premier Palace Hotel (Kyiv, T. Shevchenko Blvd./ Pushkinskaya Street, 5-7/29), and according to tradition, the organizer will be the newspaper of the Ukrainian lawyers “Legal practice”. The Forum program will be divided into several thematic sessions on topical issues in the development and promotion of legal business, including: Global trends. Challenges-2017. Forecasts-2018. Attraction and maintenance of clients. Investments in development. Innovations. What technological solutions do companies invest in? Legal Tech. Work with an internal client. Digital Marketing. The above topics will be covered not only in the reports of the lawyers and experts in the field of promotion of legal services, but also in live discussions, as well as useful and fascinating master classes, one of which will be held by the CMO of...

EU countries will impose sanctions on offshore

Published: Yurii Krasilnikov | 25/09/2017 | news

While the black list of the offshore companies is only being approved, the European Union is actively discussing the economic sanctions in relation to the jurisdictions that will fall into its final version. We remind that the idea to draw up such a list arose early in the beginning of the last year with the purpose of counteracting the removal of profits from taxation and supporting the "fair tax system in the EU and in the world". According to the criteria approved at the end of 2016, the countries and territories with "weak tax transparency", preferential tax treatment and no income tax will be included in the black list. In order to avoid being included into the list, the jurisdiction must meet three main requirements, namely: to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters or conclude separate agreements on the exchange of tax information with all EU Member States by December 31, 2018; by the end of this year, to join the BEPS (Base Erosion and Profit Shifting) Plan developed by the OECD and containing recommendations on combating evasion of income tax; to exclude the possibility of registration and operation on its territory of...

Changes in Anti-Laundering Legislation of the EU Member States

Published: Yurii Krasilnikov | 04/09/2017 | news

On June 26, 2017, the Directive of the European Parliament and the Council of the European Union "On preventing the use of the financial system for money laundering and financing of terrorism", signed on May 20, 2015, came into force. The document is aimed not only at improving the "anti-laundering" legislation of the EU member states, but also preventing of tax evasion. The last one is planned to be achieved by increasing the level of transparency of the corporate and financial information. Each country of the European Union is obliged to bring the local legislative base in the line with the provisions of the Directive, introducing a number of changes. Among them are: toughening of requirements for the banks, as well as companies providing accounting and legal services, regarding the analysis and assessment of the risks when dealing with the clients; organization of collection and centralized storage of the information about the beneficial owners of the companies (including trusts and funds) providing the access to the competent authorities; optimization of the cooperation and simplification of information exchange between the bodies of financial intelligence of the EU...

Government of Great Britain plans to raise taxes

Published: Yurii Krasilnikov | 01/09/2017 | news

The British government is concerned about the state budget deficit which currently reaches 2.5% of GDP. The authorities do not exclude the option to solve the current economic situation by raising the tax rates. The Chancellor of the British Treasury Philip Hammond hinted unambiguously with his statement: "We never said that we would not raise taxes". In the near future, a program will be developed to reduce the budget deficit, according to which the policy of the state can change in the direction of increasing taxes and reducing the financing of a number of industries. According to the official, reducing expenses and obtaining new sources of replenishment of the state treasury will allow the UK to solve the existing financial problems and renew the financing of the leading sectors of the economy of the...

Undistributed profit in Latvia is exempt from CIT

Published: Yurii Krasilnikov | 01/09/2017 | news

On the 4th and 11th of July, 2017 the Cabinet of Ministers of Latvia approved a number of draft laws providing for the significant changes in the tax legislation of the country which will enter into force on January 1, 2018. The most significant of them will be the application of the CIT 0% rate for the reinvested profits. In other words, the enterprise will be subject to the corporate income tax only if it pays dividends or other payments for the purpose of actual distribution of the profits (conditionally distributed profit). Therefore since 2018, the company's profits are exempted from CIT, but it has to pay 20% of the income tax from the amount of dividends. At the same time, the shareholders will not have to pay personal income tax (PIT). Although, according to the bill, the CIT rate is 20%, and the tax base should be divided by a factor of 0.8, the effective tax rate actually equals 25%. It is notably that CIT will be applied not only to the dividends in the traditional sense, but also to the "deemed dividends", which are considered a new concept in Latvian tax legislation, and comparable with the dividends to the costs. Here it is important to note that the last ones...

The register of data on beneficiaries of Hong Kong companies will be non-public

Published: Yurii Krasilnikov | 01/09/2017 | news

On June 23, 2017, the official government publication of Hong Kong published a draft amendment in the Ordinance on the companies (Companies (Amendment) Bill 2017). One of the changes it covered was the introduction of a requirement for the companies registered in Hong Kong to collect, store and provide up-to-date information on their beneficiaries for the verification. This refers to the so-called "Registers of people with significant control over the companies". This innovation was adopted within the framework of the international policy on combating money laundering and financing of terrorism and it is designed to bring the corporate jurisdiction legislation in the line with the standards of the Financial Action Task Force on Money Laundering. By analogy with the definition given by the FATF, in anti-laundering legislation of Hong Kong, "significant controllers" are defined as individuals and legal entities that: directly or indirectly own more than 25% of the company's shares; directly or indirectly have more than 25% of the voting rights of the company; directly or indirectly have the right to appoint or remove the majority of the members of the company's board of...