applying new models
AT THE BEGINNING OF START. HOW VENTURE INDUSTRY IS FORMED IN RUSSIA
“Somehow I was present at the discussion of one startup. The head at that moment was filled with problems of my own business, and I did not respond to the results of the presentation. As a result, my colleague, who invested $ 100,000 in this project, received almost $ 100 million at the output, ”Alexander Galitsky sighs with regret. It was one of those rare occasions when an IT guru let down his instincts.
Alexander – Sasha, as he is called in the community – Galitsky founded several IT companies. He managed to attract investment from Western venture capital funds, and then partially sell the business to industry leaders such as Sun Microsystems and Telenor. Continue reading
Russian capital ousts the EU from the banking system of Ukraine
“Let me manage the money of the country, and I don’t care who sets the laws there,” these words of Rothschild are probably the basis of the redistribution on the Ukrainian banking market.
European banks withdraw their capital from Ukraine, offer their subsidiaries for sale or preserve them until better times. Frustrated Europeans sell their daughters much cheaper than they purchased. They are bought by people close to the government of Ukraine and Russia.
Since 2008, already 15 foreign banks have stopped working in the Ukrainian market. Only in 2012, seven foreign banks disappeared from Ukraine. According to the Austrian financial group Raiffeisen Bank International AG, the share of foreign banks (except for Russian banks) in the Ukrainian market continues to decline. At the end of 2012, the share was 20%, and within one or two years the share is projected to fall to the level of 2003 – 10%. Continue reading
Opening a company in the UK
Law Firm will provide you with full legal support for your UK business. Doing business requires certain legal and financial knowledge. Our experts will help you find a company in the UK, an account in an English bank, provide legal support of transactions and other business services, including tax planning and accounting services.
This note contains general recommendations and should be read in conjunction with the relevant documents or advice from a business specialist.
You can also get acquainted with the pages on the activities of a foreign company in the UK, on companies such as LLP, as well as on financial statements and the UK tax system. We recommend that you also read information about the directors and secretaries of companies. Continue reading