Every day, businesses fall victim to cyber crime. Whether it’s a ransomware attack that locks down your computer systems until you pay up, or sensitive customer data being stolen and sold on the dark web, the risks are real and growing. If you’re an SME, it’s crucial that you take steps to protect your business […]
Lithuania
Business in the European Single Market 101
The European Single Market (ESM) is the largest internal market in the world. It allows for the free movement of goods, services, capital and people within the European Union and Norway, Iceland and Liechtenstein. These last 3 countries participate in the EU’s internal market without being members of the European Union. The Single Market works […]
2023 – The European Year of Skills
The European Union is launching the Year of Skills in 2023, with a focus on upgrading workforce skills across Europe to ensure that the EU can be competitive in world markets. This bold project brings together a range of strategies and resources that both employers and employees can access to develop their skillsets. The EU’s […]
Made in Europe
As an entrepreneur, you know that to be successful you need to offer a quality product or service. But did you know that some of the best products in the world are made in Europe? From fashion to food, automobiles to automation, there are tons of high-quality goods coming out of countries like Italy, Sweden, […]
How to avoid bureaucracy and corruption when doing business in Europe
Simple! Avoid doing business in bureaucratic and corrupt countries. Bureaucracy is always associated with complex and intransparent processes. This leads easily to corruption and cronyism. The delayed or obstructed processes make it very difficult for businesses to operate effectively and can ultimately discourage investment. The often quoted World Bank’s “Doing Business” report, in 2020 ranked […]
Corporate Income Tax in Europe: A Comprehensive Comparison
When it comes to corporate income tax, Europe is a hotbed of activity. Every country seems to have its own rules and regulations when it comes to taxing businesses. This can make it difficult for companies doing business in multiple European countries. In this blog post, we will compare corporate income tax rates in some […]