As we informed previously, legal entities, existing as at 1 December 2017, must submit information on their beneficial owners to the Register of Enterprises of the Republic of Latvia (the Register) until 1 March 2018.
New data processing principles, that will enter into force soon, will increase the administrative work load. The main principle of the young business culture is that one must work hard. Unfortunately, companies often fail to think about what would happen if the staff grew so large, that it would become impossible to be aware of everyone’s work, or what would happen if an employee would to quit.
The EU has finalized negotiations for Economic Partnership Agreement with Japan. This Economic Partnership Agreement will boost trade in goods and services as well as create opportunities for investment. Japan is the world’s fourth largest economy and with a population of 127 million, its economy is about one third larger than Germany’s. So what does […]
Data is becoming more and more valuable. Also, skills and opportunities for retrieving different types of personal data are evolving extremely fast. Unauthorized, careless or ignorant processing of personal data can cause great harm to persons and to companies.