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Shanda Consult offers assistance in refunding of increased withholding tax, which has been withheld by Indian Tax Authorities related to the NJA status of Cyprus between 01/11/2013 and 31/03/2017.
Despite the global and regional economic challenges Lebanon has maintained its financial stability over the past quarter century. The financial sector, especially the banking sector has grown rapidly over the past years.
Lebanon is approved by shareholders of the European Bank for Reconstruction and Development, to become a member.
The Parliament of Cyprus has recently approved the proposal of amending the rules for determining tax residency of individuals in Cyprus. Thus individuals can claim tax residence status without staying 183 days in Cyprus in the given tax year.
National Iranian Oil Company (NIOC) has sealed a MoU with Japan’s Toyo Engineering Corporation to increase natural gas production and to renovate the oilfield’s facilities.
The farming company EkoProd AT in Volnovakha, District of Donetsk, invested in a biogas plant with a planned installed capacity of 3 MW. The biogas plant will produce heat and electricity, which will be enough for 3.500 households in Volnovakha.
After many non-bank credit institutions were subject to bankruptcy, CBI received ultimatum from the Parliament to regulate the non-bank credit institutions.
UK Lebanon Tech Hub received a fund of $ 6.4 million from the Central Bank of Lebanon and from the British Embassy as an investment. The funds will be used to foster the entrepreneurial ecosystem and to improve the knowledge economy in the country.
The managing director of Shanda Consult, Mr Stefan Nolte, will be in Beirut for business meetings and negotiations from 18 to 22 July 2017. Mr Nolte will visit several industrial entities as well as good old business associates.
Ukraine has been struggling tremendously for two decades with corruption, outlaws, raiders, unjustified enrichment, and political instability. However, effective reforms of the current government are resulting in obvious improvements in many sectors. Foreign direct investment increases for two years.
Mammut Khodro, the largest Industrial Contracting Company and manufacturer of Trailers in the Middle East, is the local partner of Volkswagen. Volkswagen signed an agreement with Mammut to sell cars in Iran from next month.
Renault Twizy with its pioneering and unique design and specifications, is to launch by Bassoul Heneine as the first electric car to the Lebanon market.