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In a recent update, we bring you the list of countries currently part of The Hague Convention following the latest additions: ALBANIA GERMANY ANDORRA ANTIGUA AND BARBUDA SAUDI ARABIA (12/07/2022) ARGENTINA ARMENIA AUSTRALIA AUSTRIA AZERBAIJAN BAHAMAS BAHRAIN BARBADOS BELGIUM BELIZE BHARAT (formerly India) BELARUS BOLIVIA BOSNIA AND HERZEGOVINA BOTSWANA BRAZIL BRUNEI-DARUSSALAM BULGARIA BURUNDI CAPE VERDE

Expansion of the Minimum Exempt Amount in Wealth Tax for Non-Residents: Non-resident taxpayers must pay taxes in Spain out of personal obligation, meaning they are subject to taxation on the assets they hold in Spanish territory (above certain amounts), specifically the amount in wealth tax. The two taxes applied are the Wealth Tax (WT) and

The Food Labeling System in the United Kingdom is Set to Transform Consumer Safety and Transparency from January 1, 2024. Producers and importers must now add physical addresses to product labels, ensuring greater transparency and safety for consumers Spain, recognized as one of the primary exporters of food products to the UK, faces a scenario

The “Start-Ups” Law published at the end of 2022 introduced significant changes regarding the Special Regime for Expats (Beckham Law) to attract so-called “digital nomads” (international teleworkers), company directors (without a minimum shareholding, although maintaining the 25% requirement for directors of asset-holding companies), and entrepreneurs who move to Spanish territory and have not been tax

The entry into force of the Whistleblower Protection Law on March 13, 2023, marked a significant change in Spain, imposing on companies the obligation to establish an internal reporting channel for their personnel. What does this law imply? The Law 2/2023, better known as the Whistleblower Protection Law, requires public institutions, companies, political organizations, and

November 7, 2023, marks a significant milestone in the legal and administrative sphere of China’s international relations. On this date, China officially became a party to the 1961 Hague Convention, introducing the Apostille as the sole method for legalizing public documents for international use. This change revolutionizes the previous dual legalization process, which required documents

Cryptocurrencies in Colombia: Key Resolution on Smart Contracts and Crypto Assets in 2023 On July 17, 2023, the Superintendency of Companies in Colombia, in its Office Communication 220-139607, issued a pivotal resolution addressing the possibility of creating simplified joint-stock companies (SAS) through smart contracts. This consultation also delves into matters concerning crypto assets and shares,

Starting from October 1, 2023, the new carbon tax toll named Carbon Border Adjustment Mechanism (CBAM) came into effect.  In its initial phase, a transitional period will be in place until 2026, during which affected companies will be required to provide information to the European Commission through quarterly declarations. Starting from January 1, 2026, full

It is becoming increasingly common for manufacturers of machinery and technical installations to offer a comprehensive service that includes assembly and commissioning at the buyer’s site. For this purpose, the manufacturer sends a team of qualified technicians to carry out the project. In case the installation and commissioning has to be carried out at a