Preventing Trademark Revocation in China

An increasing amount of overseas companies are registering their trademarks in China. While following the updated intellectual property (IP) regulations in China, solely registering the trademark is not sufficient. In certain cases, your trademark can be revoked or...

VAT on energy temporarily reduced to 9%

The Dutch Senate passed the Act on Additional Tax Measures to Increase Purchasing Power 2022 on 28 June 2022. The Act governs the temporary reduction in the VAT rate on energy (natural gas, electricity, and district heating) from 21% (general rate) to 9% (reduced...

India Preparing for Digital Sustainability Reporting

The vanguard of digital reporting, India, is preparing to enable the filing of the new Business Responsibility and Sustainability Report (BRSR) in XBRL format. The two major stock exchanges in India announced the availability of online XBRL submission portals for...

Digital incorporation of limited liability companies

As of 1 August 2022 digital incorporation of a capital company will be possible under directive 2019/1151 of the European Parliament and of the Council of June 20, 2019 (the “Directive“). This means that the costs, time, and administrative burdens will be drastically...

Stimulating Market Integration: Developments Around ESAP

At the recent XBRL Europe conference (13-14 June 2022), Jean-Phillippe Rabine from the European Commission (EC) provided an update on the revolutionary European Single Access Point (ESAP). With the ESAP platform, more than 150,000 entities file data to create a...