International

The International Entrepreneur Rule (the “IER”) was created by an executive order by the Obama administration just three days before the former president left office and is set to go into effect on July 17, 2017. If IER become effective, it would allow eligible foreign...

Jack Ma, CEO of the Alibaba Group, recently met with President Trump to discuss the Chinese company's expansion plans in the United States.  Mr. Ma indicated the focus of the meeting was on supporting small U.S. businesses to sell their goods to China and Asia...

The accounting definition of “variable interest entity” (VIE) means an entity in which an investor holds a controlling interest that is not based on owning the majority of voting rights.  To non-accountants, the VIE structure is a business structure that is widely used by Chinese...

Some might say that the last thing federal prosecutors need in their large toolbox of potential charges is more leverage in prosecuting federal cases. But following a recent Supreme Court ruling on the scope and applicability of the Racketeer Influenced and Corrupt Organizations Act (RICO)...

If your business relies on international suppliers, the import process is a necessary know-how. When engaging in an international transaction, one of the most common mistakes business make is deciding who pays for each part of the import process. While many businesses agree on who...

US individuals that form an LLC probably do not give a lot of thought to opening a bank account for their new business, however for foreign individuals forming an LLC the process is not that straight-forward. First, the LLC must obtain an Employer Identification Number...

In the face of a growing list of sanctioned Russian individuals and companies and the possibility of more following Ukraine’s May 25 elections, there are several steps your company might take to help guard against heavy fines from unintended infringements. 1. Prepare for new sanctions:...

X