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Category: Latin America

Greater Bay Area

CW Promoting HK 2022-23 Budget in the Spanish and Portuguese-Speaking countries

On 25 March 2022, CW held a live streaming session highlighting the Hong Kong 2022-23 Budget for Latin American companies. Our colleagues Delilah Li (Senior Manager, Greater China), Victor Herrera (Latam Focus), and Kemelly Vera (Brazil Focus) hosted the live session. Below are the key takeaways from the Hong Kong 2022-23 Budget highlighted in our live session.  Tax Reduction To reduce profits tax for the year of assessment 2021/22 by 100 percent, subject to a ceiling of $10,000. Salaries tax

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CW Latin Department Launching a Podcast in Spanish

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] To offer more informative and practical content to its Spanish-speaking clients on issues related to establishing, maintaining, or strengthening commercial and investment operations in mainland China and Hong Kong, we are pleased to share with you the opening of a new communication channel – a business podcast in Spanish, operated by our Latin American Representative, David Barriga. In the first episode of our podcast, we invited our special guest, Verónica Medina, Representative of Invest Hong Kong in South America (except Brazil), to share her interest and efforts in

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Ecuador flag is depicted on a sports cloth fabric with many folds. Sport team waving banner
Latin America

Ecuador: Laws and Regulatory Changes for Entrepreneurs and Startups

Article presented by the firm of auditors and business consultants Audit Corporate and Tax Corporate, Member of Allinial Global Contact Email: Diego Zambrano dzambrano@taxcorporate.org The entrepreneurship law and regulatory changes in 2020 correspond to the creation and management of companies in various industries in Ecuador. Details of changes shall be in force in 2021, which led to noticeable results. Organic Law of Entrepreneurship and Innovation The Official Gazette Supplement No. 151, published on 28 February 2020 (Friday), focused on the

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SAS (SOCIETY OF SIMPLIFIED SHARES) IN ECUADOR

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] On 28 February 2020, the Organic Law of Entrepreneurship and Innovation was published In Ecuador, which establishes for the first time the definitions and mechanisms for the creation, control, and procedures of SAS in Ecuador. On 25 September 2020, Simplified Stock Companies’ regulation was issued to establish the determining points of this type of companies. DEFINITION OF A SAS It is a type of authorized company in which the creation procedures and the costs associated with said procedures are simplified. Its objective is

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CW’s Representatives in Colombia

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] asiaBconsulting is a consulting firm specialized in supporting companies, governments, institutions, and organizations interested in exploring, initiating, and consolidating commercial, educational, cultural, and investment relationships in Asia and Latin American countries. With more than thirteen years of experience in developing projects in India, Singapore, South Korea, mainland China, and Hong Kong. asiaBconsulting is our representative agent in Latin America since 2005. Based in the city of Bogota – Colombia, the firm has a specialized team of professionals. David Barriga, CEO He is a specialist

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Belt & Road and New Investments in Latin America

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The Belt and Road Initiative (BRI) is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 70 countries and international organizations. The stated objectives are to construct a unified large market and utilize both the international and the domestic markets, to enhance mutual understanding and trust between member nations through cultural exchange and integration, which results in an innovative pattern with capital inflows, talent pool, and technology database. This Belt and Road initiative has been presented in several Latin American countries,

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