The Portuguese Golden Resident Visa (or “GRV”) is an immigration program that allows you to acquire residency through a qualified investment in the country. It is considered by many advisors as the best program of this kind due to the wide variety of its investments, flexible investment requirements ​​and to its limited minimum required presence in the country. This program was launched in 2012 and it has grown in popularity during its 10 years of existence: according to data from...

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Editor's Note: In the U.S. laws and regulation space, the California attorney general announced the first-ever CCPA settlement, the California Privacy Protection Agency raised objections to the ADPPA, and the FTC announced advance notice of a proposed rulemaking aimed at commercial surveillance and data security. Meanwhile, the California legislature passed the Age-Appropriate Design Code Act. In U.S. litigation, Meta settled a class action over tracking and requested attorneys' fees in a data scraping suit. In international regulation and enforcement,...

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As much anticipated, Liz Truss was elected the new leader of the Conservative Party earlier this week securing 57% of the vote from party members. Taking over the reigns from her predecessor, Boris Johnson, many now are wondering what her premiership will mean for EU-UK relations over the coming months. Upon her appointment as the new Prime Minister of the United Kingdom, Truss began to receive various messages of congratulations from EU officials in Brussels. While all messages were congratulatory...

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Are you a small business stakeholder? If so, you are invited to a United States-European Union workshop on September 28th, 2022 in Augsburg, Germany. This workshop is organized by prominent institutions: the Office of the U.S. Trade Representative, the Department of Commerce, the Small Business Administration, the European Commission’s Directorate General for Trade and Directorate General for Internal Market, Industry, Entrepreneurship and SMEs. You will have the opportunity to connect and discuss relevant topics with international small and medium sized enterprises (SMEs)...

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On 1 September 2022, the European Commission ("EC") published its second annual report on the screening of Foreign Direct Investments ("FDI") into the EU. The report describes trends and developments in EU Member States and assesses cooperation under the EU mechanism. In this update, we briefly discuss key developments reflected in the report. BACKGROUND In March 2019, the EU Regulation establishing a framework for the screening of FDI into the Union (2019/452) ("FDI Regulation") was adopted. The FDI Regulation introduced harmonisation...

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As sky-high energy prices continue to rise across Europe, there are increasing calls for coordinated, quick, and pan-European measures that can protect European citizens and businesses from the ever-increasing electricity and heating bills. As such, the Commission will present five proposals for how EU Member States can jointly rein in the escalating energy prices that are currently threatening to pull the rug out from under millions of households and businesses in Europe. “We are facing an extraordinary situation, not only...

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Four years ago, Littler Workplace Policy Institute (WPI) issued its first Labor Day Report, analyzing the state of the U.S. workforce, the regulatory and logistical hurdles employers faced, and the challenges that lay ahead. At the time, the country was nearly two years into a new presidential administration, the U.S. labor market enjoyed a historically low unemployment rate yet a relatively low labor market participation rate, and the growing skills gap was becoming more apparent. Four years, a new administration,...

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AICEP and IDC have just launched the second edition of the Business Service Centres in Portugal Report, 2022. A comprehensive and in-depth view of the industry of business services in Portugal, based on a survey and interviews with top managers. For the first time, this report features 10 case interviews to showcase successful examples of foreign operations established in Portugal. DOWNLOAD REPORT Compliments of AICEP Portugal - a member of the EACCNY.

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In 2022, people spend an average of 2 hours and 27 minutes per day on social media.  These days, it is hard to imagine a marketing plan that does not include social media marketing. Professional service organizations such as accounting and law firms often struggle to develop a social media marketing strategy that extends beyond LinkedIn. The good news is that it is relatively easy to determine if other platforms such as Facebook, Instagram, and Tik Tok will work for...

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As usual in our bi-monthly digital business update, we have collected interesting topics relevant to your U.S. subsidiary, such as information about taxes, legislation, HR matters, and more. Tax News Corporate Income Tax (CIT) Filing Deadline Approaching If you requested a tax extension for your CIT 2021 last April, your tax return will be due on October 17, 2022. State income tax due dates typically follow the federal deadline. New Sales and Use Tax Rates in CA Operative October 1, 2022 The state of...

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