If you conduct business in the international market, communication with your foreign clients in their native language is part of your everyday activities. Professional translations are, in this case, inevitable to achieve streamlined and efficient processes. But professional translations mean additional costs, too. And that on a regular basis. So…
Germany is a popular investment target of U.S. entrepreneurs. The country is the biggest economy in the EU, a stable democracy, and has excellent political, social, and economic connections to the U.S. There are many reasons why people choose to buy a property in the Federal Republic -- leisure, business…
Miami plays a strategically important role in Florida's economy and in that of the United States. For many global investors and entrepreneurs, Miami is the gateway to the U.S. market. Furthermore, many American businesses use Miami as the door to the huge Central and South American markets. This vibrant international…
For internationally active entrepreneurs, Estonia is known for its business-friendly environment. The state administration is highly digitalized. They even introduced digital residency, the so-called "e-residency," recently. Starting up a business in this country is a straightforward and fast, non-bureaucratic process. Estonia is the front runner of digitization in the EU…
Conducting business with customers based in the European Union might confront your company with more complex tasks than originally planned. Doing successful marketing and sales in foreign markets is only one of the challenges. Fulfilling legal requirements, including those of taxation, is another. Surely, you have prepared for the battle…
The United Kingdom is leaving the European Union at the end of the year. Many U.S. companies are trading with EU countries through their subsidiaries with seats in the UK. Their European presence will significantly change for many of these entities after 2021. It will be more difficult for some,…
Hungary is a member state of the European Union and is, as such, a popular investment target of foreign enterprises. Especially in the past few years, Hungary has been experiencing growing interest and attention from globally active enterprises that intend to trade within the European Union. As a result of…
Do you remember the last time you had a technical handbook or a manual in your hands, trying to understand the content, but somehow the words did not add up into complete English sentences? If so, what were your feelings in doing so? You bought an expensive coffee machine, a…
There are situations in everyday business life when not everything goes the way it has been intended. A forgotten paragraph from a foreign language catalog that is scheduled to be printed tomorrow, or some changes in a contract that need to be signed by the overseas client in a few…
At the beginning of 2020, everything seemed to be just fine, and most economies worldwide were experiencing a boom that had been unparalleled in prior history. This changed with the current pandemic situation, and with the restrictions that almost all governments imposed on their societies. However, under the changed circumstances,…