Deloitte’s Post

As the mandatory term for the convocation of the annual general meeting of shareholders of the Lithuanian entities is approaching 📅, we want to remind you of what should not be missed during the AGM and what decisions might need to be adopted 📜. Please see the full article below ⬇️.

#Thailand - Invitation: Breakfast Seminar “100% Foreign Ownership in Thailand” 📅 24th October 2024 Foreign investors in Thailand are often restricted to owning a maximum of 49% of a local business under the Thai Foreign Business Act. While some attempt to bypass this through nominees, it’s both illegal and risky. Join us at our Breakfast Seminar to discover 5 legal ways to navigate the limitations of the Foreign Business Act and achieve 100% foreign ownership in Thailand—completely above board. Here’s what you’ll learn: ✅ The available legal strategies for 100% foreign ownership ✅ Pros and cons of each approach ✅ Step-by-step guidance, timelines, and key actions ✅ How to transform an illegal nominee structure into a compliant one Who should attend? CEOs, Managing Directors, Heads of Business Development, Sales Leaders, Legal Counsel—anyone looking to expand in Thailand! 📅 Date: 24th October 2024 🕘 Time: 9:30 AM – 11:00 AM 📍 Location: German Centre, Munich, Seminar Room Level 5 Don’t miss out on this opportunity to ensure your business structure is legal, compliant, and ready for growth in Thailand. Feel free to register via the link in the comments below. #ForeignOwnership #ThailandBusiness #Seminar #GermanCentre #BusinessExpansion

𝗘𝘅𝗽𝗹𝗼𝗿𝗶𝗻𝗴 𝗗𝗼𝗶𝗻𝗴 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗶𝗻 𝗡𝗟 is an annual NRCC event targeting companies interested in connecting to Dutch markets, moving operations to the Netherlands, or seeking relevant connections. With a variety of relevant topics, we provide useful insights into the Dutch economy, the way Dutch companies operate, the differences between the Dutch and Romanian labour forces, a focus on the differences in Tax and Finance between the Netherlands and Romania, and legal issues and differences between the relevant laws in both countries. Topic providers: » Legal: BBW LAW » Business opportunities: NFIA » HR: LUGERA » Tax & Finance: MAZARS Gerard Koolen, Group Managing Partner at Lugera The People Republic Romania, discusses the labour force in the Netherlands as well as the main distinctions between working for Romanian and Dutch companies. https://lnkd.in/dMNRy5nC

็Happy to share our recent article on PDPA published by The Legal Industry Reviews third edition, contributed with my colleagues Pitchabsorn Whangruammit Pattaranun Hanwongpaiboon 😄 Link here: https://lnkd.in/giKyZYz5

Thailand

The Tatak Pinoy (Proudly Filipino) Act or Republic Act No 11981 was signed into law on February 26, 2024, aiming to improve the quality and competitiveness of Filipino-made products and services in the global market thru the joint effort and stronger collaboration between government agencies and the private sector. While the Philippines already exports high-value products such as electronics and machinery, there is still room for more growth by diversifying and improving local industries. This law aims to overcome current challenges and boost the productivity and competitiveness of Filipino products globally. On May 22, 2024, its Implementing Rules and Regulations (IRR) has been signed. The IRR provides a comprehensive framework to effectively implement the Tatak Pinoy Act hereby propelling a new era of industrialization in the Philippines and elevating Filipino excellence to new heights in the same way as it also clarifies the terms and interventions enshrined in the law. The IRR also aims to achieve diversification and innovation, investment promotion, strategic alignment, and technology adoption. Moreover, it outlines the administrative functions of the Tatak Pinoy Council such as necessary issuances on the designation of private sector members and providing resource persons to attend council meetings. Furthermore, the IRR provides clear guidelines on the roles and responsibilities of government agencies and industry partners for the working groups of each of the pillars - human resources, infrastructure, technology and innovation, investments, and sound financial management. #Philippines #proudlypinoy #tatakpinoy

**First Trip to Lagos 🌍** I recently had the incredible opportunity to visit Lagos, #Nigeria for the first time, and the experience vividly reminded me of India. Both cities are bustling with energy, crowded streets, and an undeniable hustle. #Lagos, much like Mumbai, has vibrant energy and cultural richness but faces significant challenges, including unemployment, lack of infrastructure, poor leadership, good measures taken by President Tinubu administration but maybe wrongly implemented - : Such as sudden elimination of fuel subsidy, #exchangerate unification and free floating market which lead to inflation and sharp depreciation of the Naira in the short term. I was surprised to learn that, despite Nigeria being an oil-producing country, its lacks oil refineries and has to export crude oil and import fuel, draining its foreign currency reserves. Driving through the streets and speaking with taxi drivers, I witnessed countless individuals striving to make ends meet. The recent steady depreciation of the Nigerian Naira against the US Dollar following unification of exchange rate and , coupled with inflationary pressures, has seriously impacted the population's ability to pay for basic needs. This reflects a common struggle faced by many African countries. Given its demographics, #Nigeria holds immense potential but requires bold and proper implementation of measures as well as willingness of the government to have the country to become a powerhouse in Africa. During my stay, I had the pleasure of making numerous valuable contacts and friends, especially in the #PrivateEquity space, highlighting the different investment opportunities in Lagos. The mood is that in the medium term, things would significantly improved. These interactions underscored the immense potential for collaboration between Mauritius and Nigeria. **Did you know?** The second-largest bridge in Africa is the Third Mainland Bridge, located in Lagos, Nigeria. It spans an impressive 11.8 kilometers! #Lagos #PrivateEquity #NigeriaMauritius

The GGI | Global Alliance "Nordic-Baltic Meeting" is an engaging and productive event that brings together leading consultants from around the world to share insights and foster collaboration. Penteris will be represented by our brilliant Head of Tax Piotr Prokocki, and superb Head of Construction Przemysław Kastyak. If you would like to arrange a meeting with Piotr or Przemysław Kastyakław while they are in Estonia, feel free to contact them directly via LinkedIn. #penteris #poland #estonia #eu #europeanrealestate #networking #trends #taxlaw #taxtrends #event #toplawyers #bestconsultants

The General Authority for Industrial Development has signed a cooperation protocol with the General Authority for Investment and Free Zones (GAFI) and the Commercial Representation Authority to promote Robbiki Leather City to both domestic and international markets The protocol aims to attract foreign and local investments while fostering internal growth Read full story on our website!

🚀𝗧𝗵𝗲 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗙𝘂𝘀𝗶𝗼𝗻 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗺𝗮𝗸𝗶𝗻𝗴 𝗳𝗶𝗿𝗺 𝗽𝗿𝗼𝗴𝗿𝗲𝘀𝘀 𝗮𝗻𝗱 𝗿𝗲𝗮𝗰𝗵𝗲𝘀 𝗮 𝗻𝗲𝘄 𝗺𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲: 𝗧𝗵𝗲 𝗞𝗶𝗰𝗸-𝗼𝗳𝗳 𝗠𝗲𝗲𝘁𝗶𝗻𝗴 𝗼𝗳 𝘁𝗵𝗲 𝗙𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻 𝗪𝗼𝗿𝗸𝗶𝗻𝗴 𝗚𝗿𝗼𝘂𝗽. The Foundation Working Group is a well-balanced group of private entities from 7 European countries. It counts with companies of all sizes (big, medium and small) and various typologies, covering the value chain and critical technologies in fusion. This WG includes start-ups and national associations. Some of the outcomes agreed during the meeting are: 𝗧𝗵𝗲 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 𝘄𝗶𝗹𝗹 𝗯𝗲 𝗹𝗲𝗴𝗮𝗹𝗹𝘆 𝗲𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵𝗲𝗱 𝗶𝗻 𝗤𝟭. A strong effort is being made to validate the Statutes and other legal issues to make this Association a legal reality. A specific Working Group has been gathered for this purpose. 𝗔 𝗠𝗮𝗻𝗶𝗳𝗲𝘀𝘁𝗼 𝗵𝗮𝘀 𝗯𝗲𝗲𝗻 𝗿𝗲𝗹𝗲𝗮𝘀𝗲𝗱 𝘁𝗼 𝗱𝗲𝗳𝗶𝗻𝗲 𝘁𝗵𝗲 𝘀𝗽𝗶𝗿𝗶𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻. This Manifesto 𝘤𝘢𝘯 𝘣𝘦 𝘴𝘪𝘨𝘯𝘦𝘥 𝘣𝘺 𝘢𝘯𝘺 𝘬𝘪𝘯𝘥 𝘰𝘧 𝘭𝘦𝘨𝘢𝘭 𝘦𝘯𝘵𝘪𝘵𝘺 that supports the foundation of the Association. Nevertheless, only private industrial companies will be eligible as full members once the Association is legally established.   ‼️𝗦𝗵𝗼𝘄 𝘆𝗼𝘂𝗿 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝘁𝗼 𝘁𝗵𝗶𝘀 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 𝗯𝘆 𝘀𝗶𝗴𝗻𝗶𝗻𝗴 𝘁𝗵𝗲 𝗺𝗮𝗻𝗶𝗳𝗲𝘀𝘁𝗼 𝘁𝗵𝗮𝘁 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗳𝗶𝗻𝗱 𝗮𝘁 www.eufba.eu