Doing Business In: Romania
Romania continues to be one of the most attractive destinations for doing business in Central and Eastern Europe (CEE). There are strong arguments supporting this claim, including: its Strategic Location & EU Market Access – positioned at the crossroads of Europe, Asia, and the Middle East: Member of the EU, NATO; Gateway to a …
Doing Business In: THE BUSINESS ENVIRONMENT
The Icelandic business environment can be described as a modern western environment. Iceland is a member of the EEA Agreement and as such enjoys the benefits of the European Single Market. In a recent survey Iceland was ranked 12th in Europe in a country ranking measuring the ease of doing business. Furthermore, Iceland ranked 12th …
Doing Business In: Binder Grösswang Rechtsanwälte GmbH
On 29 January 2025, the European Commission (EC) presented the Competitiveness Compass for the EU (“EU Compass”), which aims to make the EU more competitive and ensure sustainable prosperity. This strategy paper defines the EU’s economic policy priorities and is intended to set the direction for future coordination between the EU member states. We show …
Doing Business In: Peru
Peru’s economy remains a standout in Latin America, driven by its abundant natural resources and strategic Pacific coast location. Following a period of adjustment in 2023, Peru’s GDP rebounded in 2024, surpassing regional averages, with robust expansion in the final quarter fueled by strong domestic consumption and export performance. Mining remains a cornerstone of this …
The European Union (EU) has been at the forefront of integrating sustainability into its regulatory framework, aiming at balancing economic growth with environmental and social responsibility. Recent developments however, notably the introduction of an “Omnibus Simplification Package”, have led to significant amendments to key directives such as the Corporate Sustainability Reporting Directive (CSRD) and the …
Although the term “compliance” lacks a uniform definition, it is typically understood in corporate law as ensuring that companies and their activities adhere to applicable laws. Broadly, compliance means that a company, its board members, and employees act in line with laws, ethical principles, internal policies, and regulations. It also involves the process of reviewing …
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Doing Business In: Mexico
Mexico stands as one of Latin America’s largest and most dynamic economies, offering a strategic geographical location, abundant natural resources, and a skilled workforce. As the 13th largest economy in the world and the 2nd in Latin America, Mexico offers a strategic location with access to both the Pacific and Atlantic Oceans, making it a …
Saudi Arabia has undergone significant legal reforms to enhance its dispute resolution mechanisms, making the Kingdom more accessible for international businesses seeking to enforce foreign judgments and arbitral awards. The enforcement of foreign awards has become far more streamlined in recent years, reflecting the country’s commitment to legal modernization and judicial efficiency. One of the …
As the digital world rapidly evolves and data exchange becomes increasingly globalized, data protection has emerged as one of the most critical pillars of modern legislation. Privacy rights are now central to national legal systems, with governments around the world recognizing the need to protect individuals’ personal data in the face of rising cyber risks, …
Before engaging in litigation within the Kingdom of Saudi Arabia, it is crucial for clients to have a foundational understanding of the country’s judicial system, which is deeply rooted in Islamic Sharia law. The Saudi legal system is unique in that it combines the principles of Sharia with carefully crafted laws that are designed to …
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