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Industry standards are being developed with the aim of unifying management systems, integrating them with each other, through this, optimizing enterprise administration processes. Basis of this standard is the process approach – the identification of the activities of the enterprise, including the quality management itself, the analysis of methods for managing these processes. ISO 29001…

The government of Ukraine is going to consider the draft law on the legalization of cryptocurrencies in Ukraine in the second reading, which will later become the basis for the next one. On the territory of Ukraine, cryptocurrency can use as a means of payment. Tax levy on income derived from transactions with cryptocurrencies will be…

Energy consumption is a key metric for companies. Energy savings mean lower operating costs. Energy consumption also means reducing emissions and taking greater care of natural resources. These actions are highly significant for organizations seeking to follow and promote environmental management. Energy-intensive industries and other industries can significantly improve the energy efficiency of energy consumers…

Today audit is a mandatory part of the activity of every independent contractor. The services of an enterprise that properly controls outsourcing within the firm are in demand in the market, and large corporations have their own divisions that periodically monitor these processes and help improve them. At the same time, adherence to established standards…

Conventional banking institutions set many conditions that must be followed by those seeking to cooperate with a particular bank. As a rule, clients spend a huge amount of time to meet all the requirements set by the bank. This became one of the reasons for the emergence of virtual systems for payments – a profitable…

What is a corresponding banking? The corresponding banking is when a financial institution (FI) acting as a third-party bank that conducts banking services on behalf of a local bank, usually in a foreign country. The network of such establishments, called correspondent banking, is a crucial part of the global payment system and international trade is…

According to a survey conducted by the World Economic Forum, Canada has the best banking structure in the world. The overview of Canada as financial jurisdiction was showed that the next positions after this jurisdiction are occupied by Sweden, Luxembourg and Australia. Canada was given 6.8 points out of 7 possible, thus, it became at the…

 Ontario General Partnership registration with the participation of Non-Resident Partners. The Ontario General Partnership is a form of business registration in Canada that combines the reputational benefits of Canadian jurisdiction with the offshore component, making it beneficial to Non-Resident Partners. The main aspects of this business structure include: Canada’s authoritative onshore jurisdiction, whitelisted by the…

Today, Canadian banks and the entire financial system are considered one of the most reliable in the world, and in 2020, this country entered the ten best and most stable economies, ranking 9th. Of course, banks, financial institutions and payment systems support the financial sector. Instead of unattainable requirements, the Canadian regulator has established quite…

Cyprus has one of the most attractive legislation systems for international tax planning. A low corporate tax rate, exemption from taxes on dividend income, tax transparency, and double taxation treaties with an array of industrialized countries – all these factors create favorable conditions to carry out activities on the island, especially using the structure of…

ISO 14001 certification is dedicated to EMS creation and execution. International authority develops and provides standards adopted around the world publishes this normative document. Latter variant – “ISO 14001:2015” – has been agreed by most of states. Certification confirms that firm fulfills all possible demands to reduce its environmental impact. This, in turn, helps improving…

All foreign individuals seeking to enter the United States must receive the right visa to be granted legal entry upon arrival in the country. Broadly speaking, visa options for foreigners fall into 2 categories: non-immigrant and immigrant programs. There are 3 gateways that allow foreigners to enter the USA: Work, Business, and Immigration Visas. In…