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  • Company formation worldwideDatum13.01.2024 15:18
    Thema von TomGibson im Forum Dies ist ein Forum in...

    Confidus Solutions is an international team of law and finance experts providing company formation, business immigration, banking, accounting and other business support services worldwide. We have numerous experts and partners around the world. Our lawyers and agents have served over 5000 clients in 10 years. Our many years of experience and competence enable us to offer first-class services worldwide. Our greatest values are your time and convenience, which makes Confidus the best choice as your corporate attorney.

    Company formation worldwide! International business advisory, tax planning, bank account opening, company registration included in wealth management suite by Confidus Solutions.
    Our services include
    Company formation;
    bank account opening;
    business model consultation;
    international accounting;
    ready-made company acquisition;
    trademark registration.

  • Thema von TomGibson im Forum Dies ist ein Forum in...

    Membership in International Unions
    Whether it is an alliance, incorporated union, federal union or supranational body here is the list of unions the country is a member of. South Korea is a member of several unions. They are International Monetary Fund, Organisation for Economic Co-operation and Development, United Nations, World Bank, World Trade Organization.

    International Monetary Fund
    South Korea is a member of International Monetary Fund. On 26 August 1955, it joined the IMF as a member. The IMF is an organization headquartered in Washington, D.C., of 189 countries working to foster global monetary cooperation, secure financial stability and facilitate international trade. The IMF now plays a central role in the management of balance of payments difficulties and international financial crises. The union is governed by and accountable to the all 189 member countries. As of 2010, the fund had SDR 476.8 billion (about US$ 755.7 billion).

    Organisation for Economic Co-operation and Development
    South Korea is a member of Organisation for Economic Co-operation and Development. On 12 December 1996, it joined the OECD as a member. The Organisation for Economic Co-operation and Development (French: Organisation de coopération et de développement économiques, OCDE) is an international economic organisation of 34 countries, founded in 1961 to stimulate economic progress and world trade, and promote policies that will improve the economic and social well-being. It is a forum in which governments can work together to share experiences and seek solutions to common problems. OECD work with governments to understand what drives economic, social and environmental change. OECD measures productivity and global flows of trade and investment.

    United Nations
    South Korea is a member of United Nations. On 17 September 1991, it joined the UN at its inception date as a full member state. Founded in 1945, the United Nations is an intergovernmental organization to promote international co-operation. The work of the United Nations are guided by the principles contained in its founding Charter. It is currently made up of 193 Member States. The headquarters of the United Nations is in Manhattan, New York City, further main offices are situated in Geneva, Nairobi and Vienna. Its objectives include maintaining international peace and security, promoting human rights, fostering social and economic development, protecting the environment, and providing aid.

    World Bank
    South Korea is a member of World Bank. On 26 August 1955, it became a member of the World Bank Group. The World Bank is international financial institution that provides loans to developing countries. It's like a cooperative, made up of 189 member countries. These member countries are represented by a ministers of finance who are the ultimate policymakers at the World Bank. The World Bank's official goal is the reduction of poverty.

    World Trade Organization
    South Korea is a member of World Trade Organization. On 1 January 1995, it joined the WTO as a member. The World Trade Organization is an intergovernmental organization which regulates international trade. At its core are the WTO agreements ratified in national parliaments. It is the only global international organization dealing with the rules of trade between nations. The goal is to help producers of goods and services, exporters, and importers conduct their business. The WTO deals with regulation of trade between participating countries by providing a framework for negotiating trade agreements and a dispute resolution process aimed at enforcing participants' adherence.

  • Company formation in SwedenDatum04.07.2023 13:36
    Thema von TomGibson im Forum Dies ist ein Forum in...

    Sweden has a corporate tax rate of 22%. Companies that operate under VAT have to pay tax on purchases at 25%. Certain services, like those related to some foodstuffs, hotel accommodation, restaurants, benefit from a 12% VAT rate.

  • Industry of CubaDatum25.02.2023 09:25
    Thema von TomGibson im Forum Dies ist ein Forum in...

    Major industries in the country are petroleum, nickel, cobalt, pharmaceuticals, tobacco, construction, steel, cement, agricultural machinery, sugar. The Industrial Production growth rate of Cuba is 0.8%.2.6% of population in the country are unemployed. The total number of unemployed people in Cuba is 298,716. Cuba produces 16,750 GW/h of electricity each year. Cuba emits 3.2 metric tons per capita of CO₂. On average, you would pay 1.4 USD for one liter of gasoline in Cuba. One liter of diesel would cost 1.18 USD.

  • Culture of IndiaDatum17.01.2023 18:46
    Thema von TomGibson im Forum Dies ist ein Forum in...

    People in India speak the Hindi, and English languages. The linguistic diversity of India is very diverse according to a fractionalization scale which for India is 0.8069. The followers of Hinduism are the religious majority in the country. 31.3% of India's population live in cities. This percentage comprises the urban population of India. The rate of urbanization in India is considered to be 2.4. According to data on inbound tourists in India, 6,968,000 tourists arrive in the country each year.

    National anthem
    The national anthem of India is called 'Jana Gana Mana', which in English means 'Hail the ruler of all minds'. It was adopted in 1950. Both the music and the lyrics have been composed by Rabindranath Tagore.

    Fast food
    The first McDonalds in India was opened on 13 October 1996, and it was located in Delhi. At the moment India has 250 operating McDonalds restaurants. The number of operating McDonalds restaurants in a country is indicative of the influence of Western culture and globalization in that country. Operating McDonalds restaurants could also have a direct impact on the health of a nation's citizens. Around 2% of the population of India are obese.

    Alcohol consumption
    Each year, the people of India consume 2.2 litre of alcohol per capita, and this volume consists of 6.8% beer, 0.1% wine, 93.1% distilled spirits, 0% other alcohol.

    National dish
    One of the most popular national dishes of India is various types of curry.

  • Bookkeeping in the United StatesDatum26.11.2022 11:48
    Thema von TomGibson im Forum Dies ist ein Forum in...

    Bookkeeping is an integral part of the finance profession. It is also an essential part of any accounting system. The main purpose of bookkeeping and its main function is to systematically record and record financial transactions.

    Typically, accounting records refer to a process of measuring, recording, and identifying key economic information that is used in relation to an organization or other commercial and non-commercial formation to enable users of the information to make informed judgments.

    The goal of efficient bookkeeping
    Bookkeeping helps with the preparation of annual accounts and financial data in general. It covers the aspect of bookkeeping of bookkeeping; therefore, accounting principles can also be applied to bookkeeping. Often, information relating to the company's financial position is presented on a balance sheet and information on operating results is presented in an income statement. In addition, some data related to a company's liquidity and changes in the company's financial structure are usually reviewed in a financial statement statement. Financial statements are required to provide information about the company's past performance that provides a way of predicting what might happen to that company in the future.

    All financial data of a company form the accounting input. These can be payroll cards, reports, as well as special journals such as sales or shopping journals, receipts, bank checks and invoices, in which each information recorded or as it is called - transaction is identified in two aspects or dimensions - debit and credit aspect.

    Accountants, bookkeepers and bookkeeping associations
    Usually there is a special person who does the bookkeeping in a company. He or she may be professionally referred to as an accountant or bookkeeper. An accountant prepares certain adjustments to capture events that are considered to be transactions already completed in terms of income, expenses, employee wages, etc.

    The accountant position requires that a person be able to prepare financial documents and reports, pay slips including taxes and garnishments, handle accounts payable, as well as maintain day-to-day banking activities and assist with bank reconciliations, while in the realm of a basic system by Double-entry bookkeeping was invented more than five hundred years ago by a Cistercian monk named Luca Pacioli. All accountants must have the core accounting skills in order to function in this professional field.

    There are special bookkeeping associations that provide support and standards to those who work in the accounting industry. There are several professional organizations in the United States that maintain, develop, and ensure accounting standards information, such as the National Bookkeepers Association, the National Association of Certified Public Bookkeepers, the American Institute of Professional Bookkeepers, and an Institute of Certified Bookkeepers (ICB). ICB has more than 20 years of professional experience. It was founded to raise and raise the standards of accounting worldwide.

    Bookkeeping certification in the U.S.
    In USA being certified bookkeeper means having a Certificate of Bookkeeping, being a member of Bookkeepers Association, performing bookkeeping services at a significant level for a period exceeding 2 years as well as having a proven level of bookkeeping knowledge.

    According to ICB bookkeepers’ duties include: recognizing what the business does and making sure the customer gets billed, issuing and then recording that invoice and making sure the customer pays. Bookkeepers are responsible for: tracking down all the ways a company spends money, recording cash documents, monitor company’s ordering system, receive, check for validity, schedule/note for payment supplier invoices, paying company’s suppliers and recording payments, paying employees and recording the payment and the payroll obligations.

    All the ICB bookkeepers have been provided an ICB's Code of Professional Conduct which has special rules that can be applied to all members of the Institute. Members must comply with the requirements of these rules and any failure to do so shall constitute misconduct which fundamental principles are listed on ICB’s webpage.

  • Limited liability partnershipsDatum02.10.2022 15:38
    Thema von TomGibson im Forum Dies ist ein Forum in...

    A limited liability partnership is a type of partnership in which each partner's liability is limited to the total value of their contributions. In other words, each partner's liability does not jeopardize their personal wealth, only the wealth they brought to the partnership. This may vary to some extent depending on jurisdiction and the provisions of the articles of association. For example, some jurisdictions require that every limited liability company have a general partner with general liability.

    Another distinguishing feature of limited partnerships is that all partners have the right to participate directly in the management. This differs from the position of company shareholders, who elect a board of directors to run the company on their behalf, and from silent partners in a limited partnership, who have no administrative rights.

    Limited Liability Partner
    In principle, all partners in a limited partnership are considered to be the same owners with the same rights and liability limits. This may be modified to some extent by the laws of a particular jurisdiction and by the relevant partnership agreements.

    As previously mentioned, some jurisdictions may require a partner to become "general", i.e. H. unlimited liability accepted. Other variations may affect some forms of unlimited liability, e.g. In some US states, individual partners may be personally liable for international torts (civil law violations) of an LLP.

    Although they may seem minor at first glance, these deviations can significantly change the recommended approach to forming a limited partnership. For this reason, we strongly recommend that you contact the international team of experts at Confidus Solutions, who will provide a detailed analysis of company registration requirements in each jurisdiction.

    Functions of a limited liability company
    The primary function of a limited liability partnership is to increase the partners' chances of increasing their individual profits and security compared to what they would gain if they operated individually. Entering into a partnership agreement can also allow the partners to balance the weaknesses and capitalize on the strengths of each: one of the partners may bring significant financial assets, another may be able to offer well-developed manufacturing facilities, while another may have a wide features customer network etc.

    Apart from that, limited partnerships have no special functions and differ from other legal forms primarily in the distribution of roles between the partners. A limited liability partnership can engage in any type of business activity including trading, services, manufacturing, etc.

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