Corporate Governance is broadly concerned with the relationships between shareholders of a company and its board. Effective governance should facilitate efficient, entrepreneurial and prudent management that delivers long term value to a company’s shareholders.
Pearse Trust Blog
In June 2014, the Financial Reporting Council (“FRC”) in the UK published Guidance on the Strategic Report, a new reporting obligation established to provide investors with a greater understanding of how companies are run and their strategic direction.
The guidance has been issued in line with the FRC’s programme of work in respect of promoting clear and concise reporting to allow potential investors to establish their thoughts about the company’s performance, its current position and its future prospects.
Patent Box Regimes are deliberate government tax policies designed to encourage and promote innovation by providing tax concessions on worldwide income attributable to certain types of Intellectual Property (“IP”), subject to particular conditions.
The purpose of this blog is to provide a summary of the UK corporation tax return filing dates and due dates related to the payment of corporation tax.
A UK tax resident company is required to file a corporation tax return (CT600) for each Chargeable Accounting Period (“CAP”). There are detailed rules to determine the commencement and end of a chargeable accounting period.
There have been continuous improvements to Ireland’s Research and Development (“R&D”) Tax Credit since its introduction in 2004.
The 2015 Budget also made a major amendment to the R&D Tax Credit. The 2003 “base year” will be removed entirely from 1 January 2015.
This blog provides an overview of the various numbers that are relevant to UK companies.
Company Registration Number
The Company Registration Number (“CRN”) is issued to a company’s registered office upon the successful registration of a company.
This includes the following most commonly used entities:
An OECD white listed jurisdiction, Ras al Khaimah (‘RAK’) is the fourth largest of the seven emirates forming the United Arab Emirates (‘UAE’).
RAK launched an offshore facility regulated by the RAK Free Trade Zone (‘RAKFTZ’) Authority International Company Regulations in 2006, which allows for international business to be conducted free of local taxes and regulations. This particular model was based on the international business company regime model followed by the British Virgin Islands.
The 2013 Act, which amended the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (the “2010 Act”), was introduced to allow Ireland to cooperate further with the recommendations of the Financial Action Task Force (“FATF”) and to incorporate the State’s experience in the area since the introduction of the 2010 Act.
In our previous blog, on the EU 4th Money Laundering Directive it was noted that the European Commission had adopted proposals in the fight against money laundering, tax evasion and terrorist financing.
One of these proposals was a Directive on the prevention and use of the financial system for the purpose of money laundering and terrorist financing – the 4th AML Directive.