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Trade and services regulations in Luxembourg
If you are a UK business providing services in Luxembourg, you will need to follow Luxembourg regulations about:
If you were living in Iceland before 1 January 2021
Information for British citizens moving to or living in Iceland, including guidance on residency, healthcare and driving.
UK sanctions guidance for Uzbek businesses
Information about UK sanctions and relevant local laws to support compliance of non-UK businesses operating in Uzbekistan.
Protecting Business Reputation When Entering Foreign Markets
Expanding into new international markets presents promising growth opportunities. However, such moves come with challenges, especially when it comes to maintaining and protecting a business’s brand reputation.
GBP/EUR remains flat even after positive GDP data released
With many in the Eurozone trading the Euro is always one to watch and the past month has seen a staggered decrease of the British Pound Sterling to Euros. Earlier in the month reaching over 1.1975 to todays rate which stands at 1.1608.
This is thought to be due to last weeks UK GDP data provided grounds for encouragement regarding the future prospects of the British economy. The figures revealed that the UK PLC’s economic recovery appears to have gained traction in recent months with GDP expanding by 0.8% during the third quarter of this year. However GBP/EUR remains slightly flat.
Keep an eye on the rates and consider booking a forward when they reach what you wish to achieve. Whether you need to make a one off payment or multiple bookings, you'll have the advantage of knowing that once you have booked a Forward; your rate is locked in for up to 12 months ahead. This means you'll know exactly the amount of currency you'll get when you need to make your money transfer particularly if you're a business, this will make forecasting a lot simpler!
Register to book a forward contract with Startup Overseas currency service.