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Insecurity growing in every corner of the world

Starting this year, some important changes to the health insurance system took force, and thus those serving as management board members and working on the basis of contracts under the law of obligations (authorisation agreements, contracts for services etc) should pay attention to the issues relating to activation and suspension of health insurance coverage.

Management board member agreements and employment contracts

Reminder: important day arrived for creditors and credit intermediaries!

Are clients moving to the web, lock, stock and barrel?

Key tax changes in the Baltic states

Three possible business exit strategies

A growing trend – outsourcing payroll accounting

First anniversary of e-residency program

IBR Growth Barometer

The tourism sector is wobbling on its feet

Building tomorrow's $bn businesses

IASB releases new Standard on leases

A reminder about preparing annual reports

Compared to agreements on competition restrictions, the obligation to keep business secrets has not been dealt with as widely, yet it needs significantly more coverage. In this article, the author deals with the various nuances related to business secrets, defines business secret and discusses why keeping business secrets is important for every company.

The international community has expressed concern about international companies that take advantage of the possibilities afforded by different tax jurisdictions for tax planning purposes. Such companies aim to move profits into low-tax-rate territories, without actually being engaged in economic activity there. In response to this concern, the G20/OECD published the BEPS (Base Erosion and Profit Shifting) action plan in July 2013. BEPS covers 15 different areas of activity, which are planned to be completed in three stages: September 2014, September 2015 and December 2015.