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London-to-Accra economic growth summit ushers in new era of economic and investment agenda
The British High Commission in Accra, in partnership with the Bank of Ghana, will host the inaugural London-to-Accra Economic Growth Summit on 6 January 2026.
Overcoming Logistics Challenges in International Projects
International industrial projects promise opportunity, but also bring complications. For project leaders, engineers and logistics professionals, the question isn’t whether challenges will arise, but how they’ll be managed. From variable infrastructure to customs compliance, successful delivery across borders requires foresight, flexibility and the right partners.
Switzerland: providing services and travelling for business
Guidance for UK businesses on rules for selling services to Switzerland.
UK lands trade deal with South Korea to boost jobs and exports
UK lands momentous trade deal with South Korea to boost jobs and exports
New laws bring the world of work into the 21st century
Over 15 million people across the UK are expected to benefit as the Employment Rights Act receives Royal Assent.
El Salvador’s New Tax Will Affect Large Companies
A new tax directed to companies was approved late last month by the Congress of El Salvador. The “Special Contribution to Large Tax Payers” taxes a 5% rate over the net profit of large-sized enterprises.
On 29 October the Congress of El Salvador approved a new 5% tax for companies, domiciled or not, that obtained a net profit above or equal to US$500,000. This tax – and another one of 5% also directed to telecommunications industry– is intended to raise funds for the improvement of domestic security.
This law on high taxpayers does not include exemptions so companies granted tax benefits such as the Free Trade Zone law will still have to pay tax on profits above the threshold. The tax applies to legal entities, unions of persons and irregular or ‘de facto’ companies. It does not affect individuals.
When entering a new market, companies must ensure a complete understanding of local laws and regulations - otherwise they could face risks to their reputation, fiscal penalties, loss of business opportunities and legal action. TMF Group helps companies keep compliant with local regulations and filings and set up in El Salvador with speed, safety and efficiency.