Business law in the future

Ken Neal Featureslegalverticals Like any other type of enterprise, law firms face specific business challenges that often require improving workflow strategies and implementing new automation systems.

Business law in the future

Much is being made of the uncertainty surrounding "Brexit", which is compounded by the unexpected General Election to be held on 8 June However, there are measures that UK business and overseas investors can take to mitigate the uncertainty and risk surrounding the UK's exit from the EU. Jordans as a VISTRA company is now uniquely placed to assist forward-thinking businesses and investors who intend to take action now.

Expansion outside the UK UK businesses that are likely to rely on a "borderless" access to EU markets should already be thinking about incorporating at least one subsidiary company within the EU, in order to ensure full access to the markets within the EU, in the event of a hard Brexit.

Provided that any such subsidiary is incorporated under the laws of a Member State, and conducts genuine economic activity in a Member State, it will be capable of engaging the fundamental freedoms of the European Treaty.

Vistra have offices in the following EU countries from which we can incorporate and administer EU subsidiaries of UK parent companies: It should be noted that a UK parent company receiving profit repatriation by way of dividend from any EU subsidiary company will normally receive the dividend free of UK corporation tax, and therefore without economic double taxation.

This exemption is not something that "falls away" after Brexit, as it is enshrined in UK tax legislation.

Business law in the future

Moreover, proposed reforms to the UK's "substantial shareholder" exemption still likely to be enacted into UK law retrospectively from 1 April will enable UK parent companies to realise such EU investments free of further taxation in the UK.

Another point of importance is that Brexit will not affect the UK's double tax treaty network with the EU member states thus ensuring that UK companies trading in the EU are protected from economic double taxation. Vistra's International Expansion specialists can help UK businesses get started quickly and successfully in the EU countries referred to above.

Vistra have a track record in establishing companies in multiple jurisdictions, recruiting industry-qualified directors, setting up registered offices and putting in place every aspect of local administration. Our specialist-service teams manage accounting and financial reporting; compliance; trading and treasury services; recruitment and payroll; international pension and incentive schemes and much more besides.

Foreign Investment For foreign investors, the UK now offers significant opportunities: The opportunity to trade in an economy that has held up very well to external pressures such as Brexit, and the global banking crisis of The opportunity to trade in one of the largest economies in the world.

The opportunity to trade in a low-tax environment. Furthermore, overseas investors can repatriate profits from UK companies very tax-efficiently - there is no UK withholding tax on outward-bound dividends, for example.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.As a business lawyer, you will need to plan for the future, without a crystal ball or GPS.

To help your new client succeed and confront unexpected turns in the road, you will also need a flexible road map to navigate various crossroads and allow for alternate destinations.

Each year in my Law class at Vanderbilt Law School, students identify an emerging technological, economic, environmental, or social trend and project it into the future to explore how it might generate law and policy issues needing lawyers’ attention.

They write a blog post about it, then a client alert memo, then a bar journal article. The Future Of Business: 4 Ways Companies Will Change While we may not have a crystal ball, current business trends point to a not-so-distant future that looks very different.

Here are Dr. Dana. Business law education has been identified as crucial to future accountants for several reasons. First, as businesspersons, accountants should be familiar with the basic. Lawyers must have a law degree and must also typically pass a state’s written bar examination.

Education Becoming a lawyer usually takes 7 years of full-time study after high school—4 years of undergraduate study, followed by 3 years of law training: None. The Court reasoned that the employee could not have been fired in violation of the WPA because she had not reported a violation of the law or a suspected violation of the law.

Instead the employee had reported a planned future violation of the law, which is not a protected activity under the WPA.

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