By Marc Friedman, Director of Professional Relations, Global Commerce Education  Last week I explained how many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by 10 legal myths than can easily be debunked. In this article I explain how Myth #1 - The costs of entry into the US, including the costs of business formation, are very great and, thus, prohibitive – is untrue. There are several ways for a European business to enter the US marketplace...

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By Marc S. Friedman |Director of Professional Relations | Global Commerce Education After practicing law for 47 years including with the World’s #1 Global law firm, I have learned that many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by 10 legal myths than can easily be debunked. The 10 legal myths are: 1. The costs of entry into the US, including the costs of business formation, are very great and, thus, prohibitive. 2. Forming a business in...

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By Emine Constantin | EMEA Head of Accounting and Tax Coordinating group and local company reporting can make year-end closing a complex process. But follow this guide, and you’ll save yourself some late-night headaches. With year-end closing activities fast-approaching, it’s timely for companies to give some thought to their upcoming European group and local accounting reporting requirements. Performing these essential baseline checks will help your accounting teams align their processes and take some of the complexity away from what can be a...

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The Toy Association, in partnership with Disney, is unveiling the Smart Packaging Tool – an exciting new member benefit that will allow toy companies to determine the environmental impact of their packaging designs, test alternatives, and benchmark the impact of their designs against those produced by the rest of the industry. The tool will be available to Toy Association members in the coming weeks. In order to familiarize toy companies with the tool, The Toy Association is hosting a webinar...

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By Vincent Wellens , Faustine Cachera,  Guillaume Thomann | If the General Data Protection Regulation (GDPR) harmonizes the data protection rules across Europe, it also leaves room for EU Member States to provide for more specific provisions in certain sensitive area. This is notably the case of processing of employees’ personal data in the employment context. Article 88 of the GDPR indeed provides for a possibility for EU Member States to provide for specific rules, in order to ensure the protection of the employees’...

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Tradewind has funded a pair of independent seafood companies based in Iceland that sell bacalao to Spain and fresh fish to Germany, the US and Canada. The trade finance firm provided one of the companies with export factoring facilities in the amount of €1.7 million and $500,000, and the other with export factoring facilities in the amount of €700,000 and $500,000. With the funding in place, the seafood companies will be well-positioned to capitalize on growth opportunities both now...

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