Smart Union

Russia launched a full-scale invasion of Ukraine in late February 2022. And unfortunately, it’s not just these two countries that have been affected—even the rest of the world has suffered a major blow. Businesses are scrambling to devise the best strategy and corporate finance management practices to lessen the impact as much as possible. But there are still many threats to the global economy. ·          Inflation It’s no surprise that inflation has become an even bigger problem after the war. Food, energy, and other major commodities are seeing drastic price increases, affecting emerging markets and developing countries the most. According to the International Monetary Fund (IMF), inflation for emerging markets and developing economies are forecasted to rise by 8.7% in 2022. Meanwhile, advanced economies still suffer from a significantly high inflation rate of 5.7%. ·          The war and COVID-19 The Russia-Ukraine War has come at a time when the world is still recovering f

Businesses that want to thrive in Dubai invest in software development consulting services to save time and money, enhance processes, and improve customer service. These services can empower your business to be competitive and distinguish it from competitors. They can also help your company become more efficient, productive, and safe as you enter a new market.   A must for both budding and experienced developers   Entering a new market such as Dubai comes with unique challenges for developers. You may be a skilled, creative, and trained problem solver who can create something from nothing and provide experiences and solutions your users and clients love. But it can be tough to manage your time when you have to manage your business while bracing for future issues.   Aligning processes, systems, people, and data can become overwhelming down the line. However, outsourcing  software development consulting services  will empower you to work more efficiently and focus on what mat

Tax laws can be notoriously complicated, even in a financial hub like Singapore. Whether you’re a local or a foreigner looking to establish a business here, it’s easy to get confused and challenging to ensure your tax compliance. To eliminate any guesswork and avoid making costly mistakes, it’s wise to partner with a credible and experienced  tax advisory  firm in  Singapore . You can rely on its expert advice relevant to your business and other requirements. Here are more reasons to partner with a tax advisory company: Expertise in the field Accurate and tailored tax advice can only come from highly experienced professionals with in-depth knowledge of your market. They will ensure a hassle-free and smooth experience by walking you through the complex tax structures in the country. Qualified tax professionals can help in tax planning, so your business can stay compliant.   Lower your tax rates In Singapore, the headline corporate income tax is 17 percent. A  tax advisory firm

  Every business owner strives to succeed internationally. But in this age of hyper competition, going global is easier said than done. It’s simply not possible to do everything alone. The key is to surround yourself with a team that can help you make informed business decisions. But before setting your sights on entering the global market, you have to ask yourself:Is business expansion the right move for you? Here are some indicators to look at as you make your decision: ·          Your profitability in the last three or more years ·          Whether overseas markets in your sector are growing or shrinking ·          Your preparedness for localization, including the translation of packaging labels, social media accounts, and product descriptions ·          Existence of overseas demand in your sector, including similar or related products ·          Whether or not you have a dependable business foundation, such as a strategic business model, broad customer base, expansive d

  If you’re looking for a place to start a business, you may want to consider the United Arab Emirates. It’s among the highly attractive business hubs in the Middle East, with Dubai as its most favourable destination for international companies. With incorporation services from Singapore, you should find it easier to establish your business.   Why Dubai?   Dubai is one of the cities that will allow you to enter the Middle Eastern market. There, you’ll have ready access to modern communications, excellent infrastructure, an advanced transport network, and skilled labour. Its investment climate is generally stable, which makes it safe for new and established businesses to thrive.   How to start a business in Dubai?   There are many opportunities for business investment in Dubai. You just have to do some  strategic management and planning  to discover how to navigate the options and pick the best one. You could consider a Mainland company or explore the Free Zone regions.

  Corporate finance refers to the financial framework of a company. It involves different aspects including financial planning, budgeting, capital structuring, forecasting, and investments, and is crucial to the success of any firm. A business cannot survive without a strategic and sustainable corporate finance system.    Interested in this area? This introduction to corporate finance covers the basics you need to know:   Capital investing    Companies invest in projects and acquisitions using money that will otherwise be idle. Investing provides an opportunity to get higher returns compared to simply putting money in the bank. But successful investments require thorough long-term planning, and this is where corporate finance comes in!    It’s the job of corporate finance experts to properly manage investments and minimiserisk. Capital budgeting, which involves researching companies and opportunities, plays a critical role in capital investing. Many companies hire th