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Why Get an Entity Health Check in Colombia?

Why Get an Entity Health Check in Colombia?

Explore your options to get an entity health check in Colombia for your own business, or an existing company you may be planning to buy. A complex system of regulations, laws and licenses could be a factor not to buy an existing company without ensuring its status first. Additionally, you may not be aware of the full compliance picture of your company in Colombia. An entity health check can help with this.It is essential to understand any potential corporate non-compliance or concerns for your business operations when acquiring your business in Colombia. In order to take the biggest advantage of these succeeding markets whilst keeping on the correct side of administrative consistency, an entity health check is a key assurance check. Entity health checks in Colombia are reviews done by financial and legal experts. What is an entity health check? Entity health checks, also called corporate due diligence reports, are reviews carried out by financial and legal auditors. Employing an external provider that is specialized in entity health check provides commercial reassurance. Prospective business owners may authorize the provider to examine the legal, financial and accounting records of a company. The reason for checking the legal and fiscal states of an organization is to identify whether there are any non-compliance problems that the investors should take into account before buying an existing company. In a minefield of legal and accountancy regulations, it is simple for organizations to oversee or simply ignore compliance regulations.   Why should I get an entity...

Why Get an Entity Health Check in Peru?

Why Get an Entity Health Check in Peru?

Conducting an entity health check in Peru is increasingly important due to the set of local regulations outlining fiscal responsibilities and corporate compliance in the country.  Peru ranks 76 among 190 countries for ease of doing business. This shows that even though investing in and incorporating a business in Peru can be profitable, there are specific processes and requirements for establishing an entity and complying with fiscal and statutory law.   When you're incorporating a business in the country, you’ll want to understand any potential corporate non-compliance or concerns for your business operation. Entity health checks in Peru are a key asset that mitigates risks by informing you of valuable fiscal and legal issues that you need to be aware of. What is an entity health check in Peru? An entity health check is a service that assesses your business’ legal status and compliance with Peru’s tax regulations, employment laws, and other industry-specific laws. An entity health check, also known as a corporate health check, is a service that assesses your business’ legal status and compliance with Peru’s tax regulations, employment laws, and other industry-specific laws. The results of the check will uncover any gap in your commercial contracts that may put your business at risk and will identify any unknown issue with your taxes and licenses.  Entity health checks are conducted by external, independent auditors that are experts in corporate compliance. Typically, entity health checks investigate both the fiscal and legal status of a business....

What Could Uruguay’s 2019 Elections Mean for Business?

What Could Uruguay’s 2019 Elections Mean for Business?

The 2019 elections for Uruguay will take place on October 27. At that time, nearly 2.8 million people will be eligible to vote for the President, Vice President and Parliament. The electoral court in Uruguay is registered for four new political parties this year and the country will define who will represent each political group during primary elections on June 30. Today Uruguay is administered by a left-wing party and the polls suggest there might be a run-off voting between the current party and the opposition party on November 24. We explore the effects of a potential change in government on Uruguay’s business environment, and what opportunities or challenges lie ahead for Uruguay post-election. Uruguayan Election - Economic Overview Uruguay has a free market economy. The economy is characterized by an export-oriented agricultural sector, a well-educated workforce, and high levels of social spending. Uruguay has sought to expand trade within the Common Market of the South. With non-Mercosur members, and President Vazquez has maintained his predecessor’s mix of pro-market policies as well as a strong social safety net. Uruguay’s economic growth averaged 8% annually during the period 2004-2008. The country’s egalitarian society possesses a characteristically high income per capita, low level of inequality and poverty and an almost complete absence of extreme poverty. In relative terms, its middle class is the largest in America. This represents more than 60% of the population. Uruguay is positioned among regional top ranks in relation to various well-being indices, such...

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