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Singapore Budget 2022 - Highlights
On February 18, 2022, the Finance Minister, Lawrence Wong delivered the budget speech for the year 2022.
UK Budget (Spring Statement) 2022 - Highlights
The Chancellor of the Exchequer presented the United Kingdom (UK) Budget (Spring Statement) 2022 before Parliament on March 23, 2022
Hong Kong Budget 2022-23 Highlights
The Finance Secretary of Hong Kong, Paul Chan presented the Budget for 2022-23 on February 23, 2022
India - Finance Act 2022 – Highlights
Indian Finance Minister Ms. Nirmala Sitharaman presented India's budget for the year 2022–23 in the Parliament on February 1, 2022.
Canada - Ontario proposes Beneficial Ownership Regime effective from January 1, 2023
The Minister of Finance of Ontario has released the fall economic update which includes establishment of beneficial ownership information requirements effective from January 1, 2023, for private Ontario corporations.
Slovakia - Implementation of new e-invoicing system – “Informačný Systém Elektronickej Fakturácie (“IS EFA”)
Slovakia is set to implement E-invoicing in phased manner effective from January 2022 and January 2023
Poland - Introduction of mandatory E-invoicing from the year 2023
Poland has introduced the new National System of e-Invoices (Krajowy System E-faktur or KSeF). E-invoicing using KSeF (i.e., Issuing of structured e-invoices) will likely to be mandatory from January 1, 2023.
Israel - Increase in Minimum wages from NIS 5,300 to NIS 6,000 by 2025
Ministry of Finance announced on December 15, 2021, that the minimum wages shall be increased to NIS 6,000 (currently NIS 5,300) per month by 2025. The increase in the minimum wages shall be done in phased manner between April 2022 and December 2025
Japan - Amendments to the Act on the Promotion of Female Participation and Career Advancement (“APFPCA”)
APFPCA amended by extending the obligation of formulation, filing and Publication of action plans for the promotion of female employees effective from April 1, 2022.
France - Implementation of E-Invoicing delayed until July 1, 2024
As published in the ordinance issued by the government the implementation of the E-Invoicing will be effective from 1, 2024 instead of January 1, 2023
Getting detailed and relevant information about the accounting, tax, legal and HR aspects of your international operations to ensure you always remain in good standing is challenging whether you are considering going abroad for the first time or you already have a number of international employees and entities. This is because until now there is no single source you can go to.
This website changes all this! Built on two decades of experience helping companies expand internationally, Shan and Co's comprehensive knowledgebase and subscription offering provides in one place all the information you need to successfully launch, hire and operate abroad. By subscribing, you will become an informed client and save professional fees in getting the bulk of your queries answered. Furthermore, if you need customized support, a help button at the top of this website will put you in touch with an expert in our sister company, Nucleus, who will work with you to progress to a positive conclusion.
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Shan and Vyoma Nair were the first to discover a strong need for a one-stop multi-country legal, HR, tax and accounting service to help technology companies expand abroad. With a keen interest in the multi-disciplinary interplay of issues (such as the need for job descriptions to be consistent with the allowed activities of a subsidiary as specified in the US/local country intercompany agreement – HR and tax collide here), Shan and Vyoma launched their international consulting service in 1994 and grew this over time to more than 700 employees with offices in 6 countries and operations in more than 70 countries. Extensive practical experience gained in this consulting business is therefore distilled here into a unified knowledgebase of information you can access to get answers to a wide variety of questions, thereby saving you time and money. There are also several unique Playbooks that will help you plan and budget better! From legal entity setup to expat immigration, Shan & Co. is regularly updated to ensure companies have the latest information to operate safely abroad.