In June 2017, Saudi Arabia, the UAE, Egypt, Bahrain, the Maldives and Mauritius cut off relations with Qatar.
Certain small start-up companies will be exempt from taxing stock options.
On May 19, 2017, a law was passed on the gradual tax rate reduction for small businesses for the period from July 1, 2016, to July 1, 2022.
As part of the push for increased investment, the Indian government has spearheaded a major initiative branded "Startup India." The initiative is designed to provide initial start-ups with ongoing support and tax benefits.
Commencing April 1, 2016 work related devices supplied by a small business will not attract fringe benefits tax (FBT).
As a result of new legislation, Australian small businesses will have statutory protection against unfair contractual terms.
Prior to the New Year, the Amending Finance Bill for 2015 was submitted. Its key areas of focus are changing the current withholdings tax law and the participation exemption on dividends, and addressing innovation incentives granted to SMEs.
Izzy Jacques is a senior associate at Radius, a Boston firm that helps companies that are expanding internationally with different kinds of business needs. She was on the lookout for tech companies that Radius could partner with.
On August 18, 2015, France published the law on Social Dialogue and Employment in the Official Journal. The new law focuses on employee representation and streamlining the Works Council representation for larger employers. It also introduces a new form of representation for smaller employers.
The UK government has high hopes that the Small Business, Enterprise and Employment Act 2015 will promote business innovation and growth and help maintain the UK’s position as a top location for foreign direct investment.
The risks of omitting a termination-notice clause in employment contracts have once again been highlighted. In this case, the court awarded an advanced payment of special damages.
New amendments introduced to boost growth and job creation of SMEs.