Bearer shares in Panama Until last year, companies in Panamá could issue bearer shares, i.e., shares are held by the person whose name is on the share certificate and no record of such information is recorded thus hiding the identification of the person. The use of bearer shares in effect caused Panama to enter into […]
Read MoreRatification by Uruguay of the Multilateral Convention on the Mutual Administrative Assistance in Tax Matters On June 1st, 2016, Uruguay signed, in Paris, the Multilateral Convention on the Mutual Administrative Assistance in Tax Matters of the Organization for the Cooperation and Economic Development (“OCDE”) within the frame of the Latin America and the Caribbean Regional […]
Read MoreBrexit : The impact on Latin America On the 23th June, United Kingdom, underwent a referendum by which 52% of British citizens voted for the “Brexit option, i.e., to withdraw from the European Union. However, the United Kingdom must follow the procedure set in article 50 of the Lisbon Treaty, which sets a term of […]
Read MoreInternational Transfer of the Legal Domicile of Companies/ International Re-domiciliation of Companies The globalization phenomenon has propelled and generated change processes in the international corporate arena and business wise. This will bring about greater access, better financing sources and will add to the diversity of markets where to place goods or services. This has also […]
Read MoreWhat is an International merger of companies? A process of international merger of companies implies the extinction or dissolution of one or more legal entities incorporated in several jurisdictions (different among themselves), for their consolidation into one of the preexisting companies (merger by absorption or merger by incorporation). In addition to the effect of extinction […]
Read MoreSecuritization In the last decade, a great a variety of financial instruments have been developed that allow diverse agents of economy to obtain funds at lower costs. One of those mechanisms is the securitization of company assets. The idea behind these schemes is to achieve the conversion of non liquid assets (non susceptible of negotiation) […]
Read MoreAmerican Depositary Receipt The American Depositary Receipt or ADR’s are derivative securities that grant their holders a direct participation in another security (whether fixed or variable income) that acts as an underlying asset, creating this way a community of proprietors over the corresponding underlying asset. Metaphorically, the underlying asset is the core of the derivative […]
Read MoreEstate Planning In order to organize, extend and plan the future of your estate, it is crucial for you to know the basic norms of Estate Law. This general knowledge will allow you to clearly understand the implications regarding your absence; as well as the different legal alternatives that you have within your reach to […]
Read MoreNew challenges and new moments in Investa Trust The renewal of a brand that grows each day thanks to a strong and integrated team It seems like yesterday that Investa Trust was conceived. From a set of ideas to become a Company in 2008. That year many important things happened: more than ever we witnessed […]
Read MoreTaxation of a non resident in Spain for the transfer of the shares of the ETVE The capital gains/income obtained by the partner (individual or legal entity) is exempt from tax in Spain if the partner’s country of residence has signed a Treaty to Avoid Double International Taxation. Now, if said capital gains/income were subject […]
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