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In the landscape of ESG reporting, Governance stands as a critical pillar. It ensures companies adhere to ethical practices, maintain transparency, and uphold accountability. Governance within ESG reporting transcends mere compliance; it's about fostering a culture of integrity and ethical decision-making. For example, a company might implement a whistleblower policy to encourage transparency or establish a diverse board to ensure varied perspectives in decision-making. In summary, governance within ESG reporting is not just about adherence to rules but about fostering a culture of transparency, accountability, and ethical leadership. By embedding robust governance structures, companies can not only mitigate risks but also build trust and secure long-term success. Explore how effective governance practices pave the way for sustainable growth and stakeholder value in our comprehensive insights. #esg #governance #corporateresponsibility #accountability #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

Mark your calendars 📅 Join us on April 19th in Luxembourg for a special winglobally partner meeting, hosted by Q Consulting. This event brings together esteemed partners from the Winglobally global network to engage, share insights, and build stronger connections. Set in the heart of Luxembourg, this gathering is a unique opportunity to foster collaboration and envision the future of our network. Don't miss this chance to be part of shaping our collective success. We look forward to welcoming you to this pivotal event. #partnermeeting #luxembourg #qconsulting #businesscompliance #accountability #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

Celebrating a decade of dedication: Q Consulting's milestone 👏 Q Consulting, founded in 2014, is celebrated for its over 30 years of expertise brought by its founder. They specialize in providing high-quality services including accounting, tax advice, legal services, payroll, and administrative procedures for SMEs and individuals. Emphasizing a personal touch, Q Consulting offers swift, tailored services thanks to its human-sized team and specialized training, ensuring a dedicated contact person and personalized service for each client. As an active member of the winglobally global network, they expand their reach globally, offering comprehensive accounting, fiscal, and legal expertise. #qconsulting #businesscompliance #accountability #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

To understand VAT and corporate taxes, it's necessary to examine each country's specific fiscal framework. 🇦🇹 Austria features a VAT standard rate of 20%, with corporate income tax set to adjust to 23% in 2024, reflecting a dynamic approach to business taxation. 🇫🇷 France showcases a VAT rate spectrum from 20% down to a special rate of 2.1%, accommodating diverse business activities, alongside a corporate income tax rate that incentivizes smaller enterprises with a reduced rate under specific conditions. 🇪🇸 Spain maintains a corporate income tax at 25% with a VAT of 21%, presenting a straightforward tax regime for businesses operating within its borders. There is also a reduced corporate income tax rate of 23% in certain circumstances and a reduced VAT rate of 10% or 4%, also in certain circumstances. 🇩🇪 Germany enforces a 15% corporate tax, supplemented by a solidarity surcharge, trade tax of around 15% (dependent on the rate assessed by your local district) and a general VAT rate of 19%, indicating a balanced tax structure aimed at both corporate and social responsibility.. 🇮🇹 Italy aligns its corporate income tax at 24% and offers a range of VAT rates, including a personal income tax reform set for 2024, catering to various income brackets for individual taxpayers. 🇧🇪 Belgium sets its corporate income tax at 25%, with VAT rates tailored to different goods and services, emphasizing support for basic necessities and certain sectors through reduced VAT rates. 🇨🇭 As of January 1, 2024, Switzerland's key tax rates include a VAT of 8.1%, with reduced rates for basic needs and accommodation services. Corporate income tax ranges from 11.9% to 21.0%, varying by location. There's also a corporate capital tax depending on the company's seat location, and an issuance stamp tax applies to contributions exceeding CHF 1 million. This summary highlights the importance of knowing each country's tax obligations for compliant and strategic international business operations. #taxupdates #VAT #europe #businesscompliance #accountability #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

Unlocking social impact: understanding ESG Reporting 🌟 In the realm of ESG (Environmental, Social, and Governance) Reporting, the "S" stands for Social, emphasizing human rights, equity, and societal well-being. ESG Social criteria assess a company's relationships with people and its impact on individuals, groups, and communities. This encompasses various aspects, such as labor practices, diversity, product safety, community relations, and supply chain transparency. The goal of ESG Social reporting is to evaluate how well organizations fulfill their social obligations, both locally and globally. By considering factors like income equality, workplace safety, and community engagement, companies can demonstrate their commitment to social responsibility. Key drivers shaping ESG Social impact goals include regulatory requirements, stakeholder expectations, employee activism, and the pursuit of competitive advantage through responsible business practices. In summary, ESG Reporting with a focus on Social Impact is crucial for companies to demonstrate their commitment to ethical and socially responsible business practices. It reflects a broader understanding of corporate citizenship and the importance of contributing positively to society. #esg #socialimpact #sustainability #corporateresponsibility #accountability #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership #anniversary

Celebrating a momentous milestone reached by our esteemed partners in 2023! 🎉 SCS Taiwan, SCS Vietnam, and SCS Indonesia marked their 10-year anniversaries. Their decade-long journey reflects dedication, growth, and unwavering commitment to excellence. Additionally, we proudly welcomed SCS Mexico into our expanding global network last year, further enriching our collaborative community. Here's to a decade of achievements, and here's to many more successful years ahead! #businesscompliance #accountability #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership #anniversary

Join the global network that cares about your success! 🚀 At winglobally, our manager network is committed to your personal growth and professional development. With us, you'll attract more global clients, receive technical support internationally, and access aligned services and tools tailored to your needs. Plus, enjoy easy referrals to trusted partners with valuable feedback. Join our community spanning 40+ countries, comprising over 2,050 professionals serving 18,400+ clients worldwide. Let's achieve greatness together! #businesscompliance #accountability #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

🌐 Tax and e-Invoicing updates from Singapore and Malaysia 🇲🇾 Malaysia: The Malaysian Inland Revenue Board (MIRB) has announced a mandatory shift to an e-Invoice system, formalized under Section 82C of the Income Tax Act 1967, gazetted on December 29, 2023. This initiative, aligning with global trends, applies to all taxpayers, including individuals and legal entities. The rollout of e-invoicing will be staggered based on business revenue thresholds: - Businesses with revenue over RM100 million: Adopt by 1 August 2024 - Revenues between RM25 million and RM100 million: Implement by 1 January 2025 - All others: Compliance required by 1 July 2025. This phased approach aims to facilitate a smooth transition to digital invoicing across all business scales. 🇸🇬 Singapore: The Nationwide E-Invoicing Initiative, led by the Infocomm Media Development Authority (IMDA), has been in effect since 2019. Renamed as InvoiceNow in September 2020, this initiative helps businesses improve efficiency, reduce costs, enjoy faster digital payment, and contribute to environmental sustainability. While e-Invoicing in Singapore is voluntary for B2B transactions, it is mandatory for B2G transactions. Additionally, there's a notable GST rate change from 8% to 9% effective from 1 Jan 2024. #taxupdates #einvoicing #singapore #malaysia #businesscompliance #accountability #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

Paving the way to a greener future: ESG Reporting in focus 🌿 🌍 Environmental stewardship in corporate reporting Embarking on a sustainable journey, companies worldwide are increasingly focusing on Environmental, Social, and Governance (ESG) reporting. Today, let's dive into the 'E' of ESG – the Environment. 🍃 Commitment to sustainability: Companies embracing ESG reporting are not just responding to a trend; they're committing to a sustainable future. Environmental factors take center stage, encompassing initiatives that reduce carbon footprints, promote eco-friendly practices, and enhance resource efficiency. 📈 Metrics that matter: From greenhouse gas emissions to water consumption, ESG reporting delves into key metrics. These metrics showcase a company's dedication to reducing its environmental impact, fostering transparency, and aligning operations with global sustainability goals. 🔗 Linking ESG to corporate strategy: ESG reporting isn't just about compliance; it's a strategic move. By aligning corporate strategy with environmental responsibility, companies are contributing to a global agenda for a greener, more sustainable planet. Join us in championing environmental sustainability through ESG reporting. Together, let's build a future where businesses thrive while respecting the planet. #ESG #environment #accountability #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

Exploring parental leave reforms in Germany 📆 Effective April 1, 2024 Germany is witnessing significant adjustments to parental leave policies. In line with fiscal goals and the commitment to parental support, the coalition has introduced refined criteria. 📈 Income Threshold Changes: Starting April 1, 2024, the income limit for couples entitled to parental allowance is set at €200,000 taxable income. This threshold experiences a moderate reduction to €175,000 on April 1, 2025. Notably, for couples with births from September 1, 2021, the existing limit is €300,000. 🔄 Concurrent Benefit Revision: Parallel receipt of parental benefits is subject to a new framework. From April 1, 2024, couples with shared eligibility can receive concurrent benefits for a maximum of one month, up to the child's 12th month. Exceptions apply for ElterngeldPlus, Partnerschaftsbonus, and cases involving multiple births or premature infants. At winglobally, we believe that understanding changes in legislation empowers professionals. Stay informed; stay empowered. #wingloballyinsights #parentalleave2024 #germany #worklifebalance

Navigating VAT regulations in Europe: A professional insight Here's a concise guide into the intricate VAT landscapes of various European countries to keep you ahead of the curve! 🌍 🇮🇹 Italy: Italy, a pioneer in e-invoicing since 2019, mandates electronic invoices for all transactions. From July 2022, it extends to foreign transactions and exceeds annual turnover thresholds. As of 2024, even flat-rate taxpayers are obligated. 🇫🇷 France: In France, the era of electronic invoices dawned in 2021, especially for transactions in the public sector. A meticulous transition plan is in place, with large companies complying by 2026 and SMEs by 2027. Accredited platforms like Chorus Pro are your partners in seamless adherence. 🇳🇱 The Netherlands: Dutch VAT has transformed, especially in public tenders since January 2021. Electronic invoicing is now a must, centralizing through Digipoort for efficiency. Privately, the focus is on digital transformation with customer consent, aligning with a streamlined, tech-driven approach. Embracing electronic invoicing not only ensures compliance but positions organizations for success in the digital era. 🇩🇪 Germany: Germany's progressive stance on e-invoicing is noteworthy. Prepare to receive electronic invoices from January 1, 2025, with a transition period until 2026. By 2027, companies with substantial turnover face mandatory compliance, ushering in a new era of B2B digital transactions by 2028. 🇦🇹 Austria: Austria anticipates e-invoicing implementation around 2025 or 2026, aligning with European VAT amendments. While specific details remain elusive, vigilant anticipation is key as Austria takes steps towards modernized VAT processes. 🇪🇸 Spain: Spain's VAT transformation is imminent. Following legal passage, companies with turnovers exceeding 8 million euros are granted one year, others two, to transition to e-invoicing. A waiting game with strategic preparedness. >> continued in the comments

Embark on a successful 2024 with our resolutions and propositions! As we step into the new year, we are excited to share our resolutions and propositions for 2024. Covering legal entities, transfer pricing, permanent establishment issues, tax and social security obligations, bank accounts, accountancy, reporting and filings, VAT advisory, payroll processing, HR advisory, secretarial services, representations, regulatory issues, transaction advisory, risk advisory, audit assistance, and winding-up or closure – we have comprehensive solutions for your business needs. Explore the strategic insights and personal resolutions from three of our esteemed Winglobally members depicted in the accompanying image. Don't just face 2024; conquer it with strategic guidance and expertise. 🚀 Connect with us to explore the possibilities! #newyear2024 #businesstransformations #expertguidance #winglobally #globalnetwork #collaboration #innovation #futureofbusiness #partnership #expertise #excitingtimes

Welcoming 2024 with Exciting Changes! 🌟 As we embrace the New Year, are you prepared for transformations in legal entities, transfer pricing, tax obligations, and more? Our expert global network is here to guide you through every dynamic shift. Let's navigate the changes together and make 2024 a year of success and compliance! 🚀 #newyear2024 #businesstransformations #expertguidance

🎉 Wishing you a Happy New Year filled with joy, success, and exciting opportunities! May 2024 be a year of growth, prosperity, and wonderful achievements. Cheers to a fantastic year ahead! 🥂 #happynewyear #2024newbeginnings 🎆

🚀 Unlock VAT & Duties Wisdom! Exciting news! Our recent webinar on VAT & Duties Implications for Importation & Exportation is now live on the Winglobally website's News page. Dive into the discussions surrounding the challenges faced by non-EU companies and the advantageous Dutch regulations. Don't miss out! Visit our News page to access this webinar and more insightful sessions. https://www.winglobally.ch/news #vatandduties #importexportwebinar #wingloballyinsights

Update on Committee Members! 🌟 We're pleased to share some exciting news about our committee: 👏 Welcome to Marc Dunnewijk, BRIDDGE - THE NETHERLANDS, our newest Committee Member! Your expertise adds tremendous value. 🚀 Big congratulations to Riccardo Marinelli, LG Consulting - Rome, who’s been promoted to the role of Vice President. These changes signify our commitment to growth and excellence. Let's continue achieving milestones together! #committeemembers #teamupdates #promotionannouncement #teamgrowth

📢 Exciting Update! winglobally’s partner firm SCS Singapore is delighted to share that they’ll be a featured speaker at an upcoming seminar hosted by JETRO Singapore. Join them for a comprehensive discussion on BEPS 2.0 and the evolving landscape of Transfer Pricing regulations in Singapore. This seminar, conducted in Japanese, is a must-attend for accounting, tax professionals, and anyone curious about the latest trends in global tax reforms related to Transfer Pricing. Don't miss this valuable opportunity! 🌏 🗓️ Date & Time: Wednesday, December 13, 2023, 14:30~16:30 📍 Venue: RNN Conference Center (Address: 137 Cecil Street, Cecil Building #04-01 Singapore 069537) 🗣️ Language: Japanese 📌 Organizer: JETRO Singapore Office 👥 Capacity: 100 people (Priority for small and medium-sized enterprises if capacity is reached) Interested? Secure your spot by registering in advance using the URL provided: https://www.jetro.go.jp/form5/pub/spr/231213 #scssingapore #beps2.0 #transferpricing #globaltaxreform #seminaralert #jetrosingapore

SAVE THE DATE: VAT & Duties Implications on Importation & Exportation We're thrilled to announce our upcoming webinar discussing the issues and responsibilities faced by non-EU companies when importing and exporting goods to the EU. Discover the benefits of Dutch regulations supporting business revenues and minimizing cash-flow disadvantages. 📆 DATE: December 12, 2023 🕒 TIME: 3:30 PM CET 🔗 REGISTER for FREE: https://briddge.webinargeek.com/vat-webinar Main Topics: ✔️ Challenges for non-EU companies and Importer/Exporter of Record (VAT & Duties). ✔️ Fiscal representation and Article 23 license in the Netherlands: Solutions for entering the EU market, boosting revenues, and minimizing cash-flow disadvantages. ✔️ The Dutch experience: Analyzing a practical case. ✔️ Interactive Q&A session. 💼 HOSTED BY: Yuri Cherniavskyi - Senior VAT Associate, BRIDDGE Legal & Finance, a proud member of winglobally. Is your business engaged in importing or exporting goods to the EU through the Netherlands? Interested in learning more about the challenges and attractive solutions? Join our webinar on modern EU customs representation and responsibility. Don't miss this opportunity to gain valuable insights into VAT and duties implications! #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

Recognizing the vital role of ESG (Environment, Social, and Governance) compliance is crucial for modern businesses. 🌱 Initially perceived as an additional compliance aspect, ESG has evolved into a fundamental component of corporate strategy. This shift signifies the increasing awareness among companies regarding the importance of ESG issues and the potential risks associated with neglecting them as a core part of business operations. In the environmental domain, initiatives like digitalization and creating a paperless office, balancing office and remote work, and enhancing energy and resource efficiency in IT underscore the commitment to sustainable practices. On the social front, addressing equal pay, engaging in social initiatives, and prioritizing employee satisfaction contribute to a socially responsible business model. In terms of governance, adhering to ethical principles, fostering education and skill development, and ensuring client satisfaction are integral components of a robust governance framework. Ultimately, embracing ESG principles goes beyond compliance; it enhances business performance, fosters innovation, boosts competitiveness, and fuels sustainable growth. Integrating these value-adding practices creates strong synergies that contribute to the overall success and positive impact of a business. #sustainability #sustainabilitymatters #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

winglobally's recent gathering in the enchanting city of Rome on November 9th and 10th was an exceptional convergence of minds, marking a significant chapter in our global collaboration. Partners and managers from each country participated in insightful workshops, sparking discussions that promise to reshape the trajectory of our global network. 🌐 The inaugural in-person meeting provided a unique opportunity for our esteemed partners to connect, share experiences, and collectively envision the future of winglobally. The vibrant exchange of ideas and strategic discussions were complemented by the warm hospitality of LG Consulting, our esteemed Italian member, who graciously hosted the event. During this occasion, our talented team of managers, appointed as ambassadors in their respective firms, showcased the power of their expertise and insights. The result of thought-provoking discussions and collaborative efforts promises to bring about innovative strategies, game-changing ideas, and exciting plans that will propel winglobally and our partners to new heights of success. The success of this meeting reaffirms our commitment to creating meaningful connections, fostering collaboration, and shaping the future of our global network. Stay tuned for updates as we share the outcomes of the meeting, unveiling the collective vision that will drive winglobally's success in the coming years. Join us on this journey of growth, collaboration, and global impact! #winglobally #meetinginrome #globalnetwork #collaboration #innovation #futureofbusiness #partnership #expertise #excitingtimes

winglobally and its members are initiating a pioneering effort, appointing one manager from each country to serve as an ambassador in their respective firms. 🌎 Following numerous online meetings, the inaugural in-person gathering is set to unfold in Rome on November 9, 2023. During this event, managers will participate in a series of workshops, fostering collaboration and sharing insights. This marks the beginning of a concerted effort to enhance knowledge transfer, elevate winglobally's visibility, and embark on a journey of collective growth. 📅 Save the date - November 9th - for a pivotal moment in our collaborative evolution. #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

Meet Justin Parker, winglobally member and corporate advisor for PBS in Barcelona. He's not just about corporate consulting; he's also the author of the thought-provoking book 'Holding a Fish.' Explore his journey as he delves into life's profound questions and challenges. 📖 "Holding a Fish" - A Unique Perspective on Life Justin's debut novel, "Holding a Fish," isn't your typical fishing tale. It's a captivating exploration of life's complexities and questions. Dive into his thought-provoking narrative as he encourages readers to grapple with the enigmatic nature of existence. 🤔 What Inspired "Holding a Fish"? Ever wondered what inspires an author's creativity? Justin drew from dreams, observations, real-life situations, and even comments from people around him. His writing process was a labor of love, taking four years to craft this remarkable piece. ✍️ The Art of Balancing Balancing a full-time corporate consulting job with writing might seem daunting, but Justin took it in stride. He viewed writing as an enjoyable hobby, allowing him to explore his creative side without time constraints. 📘 What's Next for Justin Parker? The future holds exciting prospects as Justin already has ideas bubbling for future books. Stay tuned as he embarks on his next literary adventure! Order your copy right here: https://www.amazon.co.uk/HOLDING-FISH-JUSTIN-PARKER/dp/B0B38CX3PT #holdingafish #novelist #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

🔍 Navigating the EU Whistleblower Directive: What Lies Ahead In November 2019, the EU Whistleblower Directive came into play, marking a pivotal moment for organizations across Europe. Its purpose? To create a unified foundation for whistleblower protection, setting common standards while allowing room for individual member states to raise the bar. 🌍 A Pan-European Shift: This directive extends its protective umbrella beyond employees to a diverse range of individuals in various work-related contexts. From contractors to shareholders, the scope is broadened, ensuring a safer space for truth-tellers. 💼 Internal Reporting Evolution: Organizations must now construct robust internal reporting channels, fostering both anonymity and diligent follow-ups. The system must safeguard whistleblowers, ensuring their identity remains confidential and inaccessible to unauthorized personnel. 🤝 Strengthening Protections: Protection isn't an afterthought—it's a cornerstone. The Directive mandates timely responses, with acknowledgment within 7 days and feedback within 3 months. It places an emphasis on data privacy and secure registration, even for orally made reports. 🛡️ Shielding Whistleblowers: Whistleblowers are entrusted with the duty to reveal breaches of Union law. In return, they deserve protection from retaliation. The Directive spells out comprehensive measures to ensure their safety. ⚖️ The Path Ahead: Given the variations in how member states implement the Directive, organizations face a nuanced compliance landscape. Are you prepared for the changes? Have you appointed the right individuals to manage reports? Is your reporting system adaptable to diverse situations? Did you check the given timeline in your country? The EU Whistleblower Directive is more than a legal requirement; it's a call for transparency and fairness. Will your organization answer the call? 🤝 #whistleblowerdirective #whistleblowerreprisal #accountability #opengov #regulation #whistleblowers #whistleblow #whistleblower #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

Exciting news! 🌟 If you missed our insightful webinar on eInvoicing that took place on September 20th, worry not. You can now catch the replay on our website, alongside a treasure trove of other webinars that will be regularly updated. Visit our News page for a wealth of knowledge! https://www.winglobally.ch/news #webinar #replay #einvoice #einvoicing #electronicbilling #digitalinvoices #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

Explore our fresh new look! Our website has been redesigned and is now live! 🎉 We've given it a fresh new look and style to bring you a more modern online experience. Explore the updated design, enhanced features, and valuable resources we've prepared just for you. Check it out now! 🔗🚀 https://www.winglobally.ch #newebsite #newdesign #restyle #websitelaunch #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

Complete Coverage Across Every European Country 🇪🇺 Dealing with a business issue in Europe? Look no further, we've got you covered! 🌐 Need assistance in any European country? 🔍 Facing challenges, compliance issues, or legal hurdles? 🤝 Seeking reliable partners to navigate local complexities? We're your go-to solution! With an extensive network and expertise, we can help you tackle any issue across all European nations. #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

VAT Registrations & Filings Across the EU Navigating VAT regulations in multiple European countries can be challenging. That's where we excel! 🔹 Need VAT registrations across the EU? 🔹 Struggling with complex VAT filings? 🔹 Worried about compliance in different jurisdictions? Relax, we've got you covered. Our expert partner’s network ensures seamless VAT registrations and filings throughout the European Union. Stay compliant effortlessly! Contact us today to simplify your VAT journey across Europe. #vat #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

Streamline Your Global Payroll with Our International Payroll Services 🌍 Managing payroll across borders can be a complex task. That's where we come in! With our international payroll services, we ensure your employees are paid accurately, compliantly, and on time, no matter where they are in the world. 🔹 Hassle-Free Payroll Processing 🔹 Compliance with Local Tax Regulations 🔹 Timely Salary Disbursements 🔹 Secure and Confidential Focus on growing your global team, and let us handle the payroll. We take your business personally! #payroll #payrollservices #payrollmanagement #payrollsolutions #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

🌐 E-invoicing Update in the EU 🇪🇺 The European Parliament and Council voted the Directive 2014/55/EU on electronic invoicing in public procurement on 16 April 2014. E-invoicing is on the rise across Europe, with countries adopting obligations that affect taxable entities in national B2B transactions. Initiatives like ViDA ("VAT in the Digital Age") and the Council Directive proposal have propelled e-invoicing forward. However, there are delays as EU countries hesitate to introduce national e-invoicing rules that might evolve with ViDA. Taxable entities now have time to adapt to e-invoicing while waiting for clearer parameters. 🇩🇪 Germany: A draft proposes e-invoicing from 01.01.2026 for domestic B2B transactions. The EU Council has authorized Germany to proceed, making this change likely. 🇧🇪 Belgium: Plans for e-invoicing have hit a roadblock as consensus on a tax reform package, including e-invoicing, remains elusive. 🇫🇷 France: The introduction of e-invoicing for large companies, initially set for July 2024, is postponed to address concerns. It may roll out gradually, possibly from 2028. 🇵🇱 Poland: Obligatory e-invoicing for (almost all) B2B supplies starts on 1 July 2024, with invoices transmitted via a state system. 🇷🇴 Romania: After initial plans, Romania is set to introduce broad e-invoicing following EU Council approval. 🇪🇸 Spain: E-invoices may become mandatory for all cases requiring invoice issuance, but specifics are yet to be determined. 🇮🇹 Italy: Italy was the first country to implement eInvoicing and make it mandatory for all domestic B2B transactions for the sales of goods and/or provision of services. Pros of E-invoicing: Efficiency, automation, scalability, security, fiscal audit benefits, time-saving, and lower environmental impact. Cons: Software costs, staff training, tight schedules, storage expenses, and the need for electronic credit notes for corrections. Join us for a journey into the future of electronic invoices and learn about the Italian experience, join our free webinar on September 20th to gain valuable insights into electronic invoicing in Italy. Register here: https://forms.gle/SsuubYq1BjGcgjb69

SAVE THE DATE: Electronic Billing in Italy 🇮🇹 📆 Date: September 20, 2023 🕚 Time: 11:00 AM - 12:00 PM CET 📢 Join us for a journey into the future of electronic billing! Main Topics: - Let’s jump into the future: Exploring key aspects of electronic billing. - The Italian experience: Analyzing a practical case of sales and purchase electronic invoices. - Invoice data flow: Understanding the journey from supplier to client through the SdI (Sistema di Interscambio). - Consequences on quarterly and annual VAT returns. Plus, an interactive Q&A session. 🗣 Webinar Language: English 🔗 Registration: Secure your spot for this insightful webinar. Register for free here: https://forms.gle/SsuubYq1BjGcgjb69 - A direct link to the webinar will be available one week before the event. 💼 Hosted by Riccardo Marinelli - LG CONSULTING, Rome, your trusted source for expert insights and guidance in Italy. Don't miss this opportunity to stay informed about the future of billing practices in Italy. We look forward to your participation! #einvoice #einvoicing #electronicbilling #digitalinvoices #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

At winglobally, we're always looking to expand our network of personal/professional connections. When you join winglobally, you’ll experience our strong personal bonds and become a fully active member of our global network As a member, you'll tap into a wealth of insights from diverse industries and regions, charting the course for success together. Ready to Become a Member? Contact one of our committee members to get started. #joinus #becomeamember #trustedpartners #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

🔍 What's CSRD: The Corporate Sustainability Reporting Directive (CSRD) is reshaping reporting norms. Starting January 1, 2024, large EU companies will see significant changes in how they disclose sustainability information. 📈 Scope Expansion: CSRD extends its reach to over 50,000 EU companies, driving a transparent and sustainable business landscape. 📆 Timeline: Be prepared! CSRD's influence kicks in from the 2024 financial year, pushing for more comprehensive and transparent sustainability reporting. 📊 Disclosure Evolution: CSRD shifts the paradigm by emphasizing both financial and environmental impacts, fostering a holistic approach to reporting. 🔄 Recent Update: The EU Parliament's recent decision sets a new ESG disclosure standard for NFRD-compliant companies, effective from 2025. #csrd #sustainability #environment #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

winglobally: Your Global Network for Success 🤝 🌍 Join winglobally's global network of partners spanning the world. Our 20+ years of trust, expertise, and personalized connections ensure seamless support for your international ventures. Unlock opportunities without borders. Whether it's market entry strategies, accounting, payroll, tax, or regulatory needs, our network empowers businesses of all sizes. Tap into a wealth of knowledge from diverse industries and regions. Together, we navigate challenges and chart the course for success. From legal entities to HR solutions, winglobally is here for every step of your journey. Connect with us today and let's soar together. #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

CSRD: New Sustainability Reporting Rules Unveiled Starting January 1, 2024, the Corporate Sustainability Reporting Directive (CSRD) is poised to revolutionize reporting standards for large EU companies. These changes will impact how businesses disclose their sustainability practices and initiatives. The CSRD's primary aim is to redirect investments toward more environmentally friendly technologies and sustainable practices. This directive sets the stage for a more transparent and eco-conscious business landscape. The scope of the CSRD is substantial, extending its reach to over 50,000 companies across the EU. Within this number, approximately 15,000 companies in Germany alone will be affected. If your business falls within these categories, it's essential to be prepared for the upcoming changes. In a significant development, the EU Parliament has reached an agreement on a new standard for Environmental, Social, and Governance (ESG) disclosure. This will apply to companies that have adhered to the Non-Financial Reporting Directive (NFRD) and will come into effect from the 2024 financial year, with reports published starting 2025. #csrd #sustainability #environment #winglobally #accounting #globalnetwork #trustedadvisor #businessgrowth #partnership

📅 Save the Date! Winglobally's next meeting is happening on November 10th in the enchanting city of Rome. This is an eagerly anticipated event where all our esteemed partners will gather once again to collaborate, connect, and shape the future of our global network. But that's not all! This year, we are thrilled to announce an exciting addition to our agenda. The day before the meeting, we will be hosting a special gathering with our exceptional managers. It's the first time we are bringing together our talented team of managers, and we can't wait to witness the power of their expertise and insights. 🎉 On Friday, we'll be showcasing the results of the thought-provoking discussions held with our managers. Stay tuned as we unveil the innovative strategies, game-changing ideas, and exciting plans that will propel Winglobally and our partners to new heights of success. We extend our heartfelt gratitude to LG Consulting, our esteemed Italian Winglobally member, for graciously hosting the meeting in the vibrant city of Rome. Their expertise and warm hospitality will undoubtedly make this gathering a memorable one. 🌍 Join us as we come together to create meaningful connections, foster collaboration, and shape the future of our global network. We can't wait to see you in Rome! #Winglobally #MeetingInRome #GlobalNetwork #Collaboration #Innovation #FutureOfBusiness #Partnership #Expertise #ExcitingTimes

At Winglobally, we take your business PERSONALLY. Your success is our priority, and we are committed to providing personalized solutions for your unique needs. 🌍 With our extensive global network and expertise spanning over 20 years, we have the personal and professional connections to take your business to new heights. We believe in building strong partnerships, understanding your goals, and working alongside you as a trusted advisor. Your business becomes our business, and together, we can achieve remarkable results. Choose Winglobally, where personalized attention and a deep commitment to your success make all the difference. Let's unlock your business's full potential and embark on a journey of growth and prosperity. 🚀 #winglobally #personalizedsolutions #globalnetwork #trustedadvisor #businessgrowth #partnership #successmindset #unlockpotential

🌍 Ready to take your business global? Look no further! We specialize in providing localized entry strategies, accounting, payroll, tax, and regulatory services tailored to your specific needs. 📊 With our extensive global network of partners in Europe, Asia, and the Americas, we have the personal and professional connections that span over 20 years. 🌐🤝 When you choose Winglobally, you can be confident that our expert teams will be right there on the ground, guiding you every step of the way. 👉 Visit our website to explore the services we offer in different countries and find the contact details you need to get started. www.winglobally.ch 📢 Trust Winglobally to be your trusted partner for expanding your business's global footprint. Let's make your international dreams a reality! #winglobally #globalbusiness #expansionstrategy #localizedservices #expertadvice #globalnetwork #businessgrowth #internationalpresence

🌍 Join us on 11th July 2023, from 11-12am CET, for an informative webinar on the VAT treatment of inbound supplies of goods and services to Germany from third countries (e.g., Asia)! 📢 Are you a business owner dealing with supplies of services or goods to customers in Germany? Whether it's B2B or B2C, this webinar is designed to provide you with essential insights. 🔎 Hosted by industry experts Mathias Niehaus (Partner @nhsgroup.de) and Dr. Matthias Oldiges (Partner @kmlz.de), this webinar will cover: 1️⃣ Supplies of services to customers in Germany (B2B/B2C) 2️⃣ Supplies of goods to customers in Germany via an online shop (B2B/B2C) 3️⃣ Supplies of goods to customers in Germany via an online marketplace (B2B/B2C) 🗣 The webinar will be conducted in English, ensuring easy comprehension for a global audience. 📝 Don't miss out on this valuable opportunity to expand your knowledge of VAT regulations! Register for free directly at: https://app.livestorm.co/nhsgroup/vat-webinar 🌐 To learn more about global business solutions and stay updated with the latest news, visit winglobally.ch. #webinar #vatregulations #internationalbusiness #globalcommerce #germanybusiness #businessinsights