2024-07-02

Czechia: A few practical remarks on agreements on work carried out outside proper employment

bnt attorneys

Agreements on work outside the employment relationship are popular in the Czech legal environment both among employers and among employees. However, a recent amendment to the Labor Code has brought a number of changes to the cooperation with workers under such agreements which employers ought to adequately reflect.

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2024-06-24

MARKET DEVELOPMENT AND OPTIMIZATION WITH INDEPENDENT MARKET EXPERTS

Christian Tegethoff, Managing Director, CT Executive Search

When entering new markets, companies face many questions such as:

• Is there demand for our products in India, Saudi Arabia, or Central Asia?

• How large is the local market? 

• What is the competitive landscape?

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2024-06-21

THE CAPITAL INVESTMENT IS MANAGEABLE

Dr. Reinhard Kohleick, Advisory Board Member, CT Executive Search 

Have the companies you worked with relied on external consulting? What has been your experience with this?

Yes, we have frequently relied on external expertise, especially, when challenges arose or new projects were initiated. Working with consultants is always beneficial, when the necessary knowledge is not available within the company, and this need is recognized.

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2024-06-19

Guide to HR Compliance and Best Practices in China

Dezan Shira & Associates

The Guide to HR Compliance and Best Practices in China, introduces the fundamentals of HR management and labor compliance within the Chinese market. It covers:

  • China’s Changing Labor Market.
  • Understanding China’s labor law framework.
  • Essential steps for effective employment management and HR compliance in China.

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2024-06-13

The Guide to Employment Contracts for Foreign Workers in Indonesia

Dezan Shira & Associates

Applying for an employment permit in Indonesia as a foreigner involves several steps and requirements. Here is a guide for foreign firms and professionals to navigate the system effectively.

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2024-06-10

Managing Recruitment Risks in China: A Comprehensive Approach

Dezan Shira & Associates

Recruitment carries inherent risks. Non-compliance with labor laws, as well as violations of employment equality and personal information protection regulations during the recruitment process, can result in administrative penalties or other legal consequences.  Understanding the relevant risk points and compliance issues is crucial for businesses operating in China

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2024-06-05

Czechia: Digitalization of labor law

bnt attorneys

A view at the new requirements for the successful electronic delivery of notices to the employee by the employer.

On 1 October 2023, an amendment to the Czechia's Labor Code came into force which, among various other things, has to some extent changed the terms on which certain notices may be given electronically.

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2024-06-05

Doing Business in Hong Kong 2024

Dezan Shira & Associates

An Introduction to Doing Business in Hong Kong 2024 covers the following:

  • Why Hong Kong
  • Establishing and Running a Business
  • Tax, Audit, and Accounting
  • Human Resources and Payroll

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2024-06-03

Where Are India’s Talent Hubs? Findings from New Talent Feasibility Study

Dezan Shira & Associates

India’s tier-1, tier-2, and satellite cities like Hyderabad, Navi Mumbai, Chennai, Pune, Gurugram, and Bengaluru have become specialized hiring hubs and are rising to the increasing demand from recruiters seeking diverse talent.

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2024-05-16

Sustainability dimensions added to the Mittelstandsindex (SME Index) Africa

africon GmbHHBRSBVMWNexia International

What is the potential for you in Africa

To help German small and medium-sized enterprises (the “Mittelstand”) enter the African markets, the BRS Institute at the Bonn-Rhein-Sieg University of Applied Sciences (HBRS), africon GmbH, the Federal Association of Medium-Sized Enterprises (BVMW), and Nexia International released the “Mittelstandsindex Afrika” (SME Index Africa).

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2024-05-15

Overcoming common challenges when creating your 2024 Africa strategy: Part 2

africon GmbH

Lack of information

The primary challenge businesses face in formulating an effective Africa strategy is the lack of information. The continent’s size makes it challenging to discern where to concentrate efforts. Many markets lack readily available data, and obtaining business insights may require interviews and on-site visits. 

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2024-05-14

Overcoming common challenges when creating your 2024 Africa strategy: Part 1

africon GmbH

By 2050, Africa’s population is projected to be over 2.5 billion, presenting immense business opportunities. According to the United Nations, the world’s population will rise to 10.9 billion by 2100, with most of the growth driven by Africa. Can you imagine the opportunities for business growth in Africa resulting from this population expansion?

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2024-05-13

Applying for a Vietnam Work Permit: Guidelines for Foreigners and Employers

Dezan Shira & Associates

Vietnam’s work permit procedures can be confusing for first-time visitors. This article explains the steps that foreigners should pay attention to when planning to work in Vietnam and key changes to the regulatory framework.

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2024-05-09

A Guide to Minimum Wage in India in 2024

Dezan Shira & Associates

Foreign businesses in India can have a challenging time comprehending and calculating the minimum wage as they differ in every state, and are categorized under multiple criteria, such as region, industry, skills level, and nature of work.

This article will address some frequently asked questions.

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2024-05-06

AHK India Newsletter: May

AHK India

This is a monthly newsletter, which provides readers with the latest news from both India and Germany,

Contents

  • News
  • Business Events
  • Trade Fairs
  • Business Enquiries

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2024-05-03

Formalized Flexible Work Arrangements to Be Introduced in Singapore from December 2024

Dezan Shira & Associates

Singapore is set to implement new tripartite guidelines requiring all employers to have a formal process in place for workers to request flexible work arrangements, starting December 2024. This mandate aims to foster a more inclusive and adaptable workforce in response to Singapore’s tight labor market and the evolving needs of its aging population and those with caregiving responsibilities.

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2024-04-25

POLAND IS AN INNOVATION PARTNER

Adrian Stadnicki, Regional Director for Central Eastern Europe, German Eastern Business Association e.V., Berlin

How attractive do you consider Poland in terms of the availability of labor?

When it comes to the availability of skilled workers in particular, Poland stands out positively in this region. Many countries in Central Eastern Europe are struggling with a severe shortage of skilled workers. Skilled workers are generally more available in Poland.

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2024-04-24

Poland: Building win-win situations is fundamental to our approach

Marek Ambroziak, Assignment Manager Poland, CT Executive Search

What is your talent acquisition strategy in Poland?

Finding the right talent begins with understanding our clients’ needs. In this respect, communication is extremely important. It's crucial to involve all decision-makers from the onset to prevent any future misunderstandings, be it at the country or regional level within the CEE.

Job descriptions (JDs) and target company lists undergo thorough scrutiny and approval by all parties involved. We also emphasize the importance of aligning with the client ideal profile and cultural fit.

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2024-04-23

Remote work in Poland: de jure and de facto

Dominika Wągrodzka, Partner, and Agata Koniecka, Associate, BSJP bnt Brockhuis Jurczak Prusak Sroka Nilsson Zamorska Sp.k., Warsaw

While the pandemic may have waned, remote work remains entrenched in our professional culture. According to the Polish Central Statistical Office (GUS), as of the first quarter of 2023, 7.1% of Poland's workforce was engaged in remote work, whether on a regular or occasional basis. However, this figure likely under-represents the true extent of the phenomenon.

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2024-04-08

New Salary Criteria for Hiring Foreign Executives in Singapore

Dezan Shira & Associates

Singapore will increase the salary criteria for foreign executives and professionals working in the country from January 1, 2025.

The new rule applies to new Employment Pass (EP) applicants. The Employment Pass is issued to expatriates employed as foreign managers, executives, and skilled professionals in Singapore. First-time candidates can obtain an EP for an initial two years which can then be renewed for up to three years at a time.

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2024-04-03

Corporate Tax Planning for Businesses in Vietnam in 2024

Dezan Shira & Associates

Vietnam has a highly competitive tax structure, which has attracted foreign investors across a spectrum of industries. This Vietnam Briefing tax report discusses the country’s Corporate Income Tax system, key incentives available, compliance obligations, and preparation for Global Minimum Tax regulations under the BEPS 2.0 Framework.

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2024-03-19

UAE Dominates GCC Investments in Africa, Port Infrastructure & Renewables a Key Focus Area

Dezan Shira & Associates

The UAE is competing with Saudi Arabia, Qatar, and China via its infrastructure and energy investments for strategic influence in Africa and better trade access.

According to FDI Markets, the combined foreign direct investment (FDI) of the top five Gulf Cooperation Council (GCC) states in Africa amounted to US$101.9 billion between 2012 to 2022. The top five beneficiaries of these FDI inflows are Egypt, Morocco, Algeria, Nigeria, and South Africa. Egypt alone received about 68 percent of the total FDI.

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2024-03-18

Lithuania: As an employer, are you in arrears with your employee?

bnt attorneys

Consequences: default interest on late payment of salary or benefits, or a contractual penalty following the termination of the contract

Pursuant to Art 147 of Lithuania’s ‘Labour Code’, an employer is obliged to pay a contractual penalty to an employee if their salary and other work-related benefits (such as travel allowance, compensation for leave not taken, etc) are not paid on time.

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2024-03-18

UAE’s Top Emerging Sectors for Investors in 2024

Dezan Shira & Associates

Economic diversification plans in the UAE have catalyzed growth across emerging sectors like hospitality, e-commerce, cryptocurrency, and AI.

This article explores some of the most promising sectors within the UAE economy for 2024. Ranging from hospitality to e-commerce, cryptocurrency, and artificial intelligence (AI), each of these sectors is expected to play a pivotal role in shaping the nation’s shifting economic landscape.

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2024-03-15

africon releases a special Africa Economic Report exploring the business potential of the next frontier

africon GmbH

This special Africa Economic Report navigates the multifaceted dimensions of Africa’s markets, from industries to regulatory frameworks to innovative ventures to sustainable practices. 

Topics covered include:

  • Recent economic developments
  • Opportunities in selected economies in Africa
  • Successful projects implemented in Africa
  • Challenges, solutions and recommendations on doing business in Africa

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