An apostille is a certification for authenticating documents to be used in foreign countries. The sole function of the apostille is to certify the authenticity of one or more signatures in a document. The certificate is around 15 cm2 in size and is permanently attached to the document which authenticity it is approving.
Once attached, both – the apostille and the document are embossed with an official government seal. Apostilles can be issued for commercial documents, documents related to adoption cases, official documents related to vital statistics, land records, court records as well as patent applications and school documents.
Content of apostille certificate Generally, the apostille contains numbered fields with the information below:
Country (name of the country that is issuing the apostille) This public document
Has been signed by… Acting in the capacity of … Bears the seal/stamp of … (issuing authority) At … (place of issue) The … (date of issue) By … (issuing authority) No … (number of registration) Seal/stamp Signature (of the issuing authority’s representative) Apostille Treaty An apostille as a certification was provided by the Hague Convention of 1961 in order to specify how a document issued by one country can be certified by another country. This international certification can be compared to a notarisation in domestic law and normally supplements a domestic notarisation of the document.
An apostille can be issued and will be accepted only by countries that are parties to the convention. Currently, there are 115 parties to the convention and all except 10 are also members of the Hague Conference on Private International Law. All members of European Union are parties to the convention and the most recent country joining the convention is Guatemala.
In case a country has refused to sign the convention, it has to specify a procedure how foreign legal documents can be certified – the process of legalization. If also this is not in place, the document has to be certified by the foreign ministry of the state in which the document originated and afterwards by the foreign ministry of the state in which the certified document will be used. Generally, it means that the document has to be certified twice before it can have a legal effect in the country it will be used. For example, Canada has not signed the convention, which means that all documents to be used abroad must be certified by the Deputy Minister of Foreign Affairs or by a Canadian consular official abroad and afterwards by the consulate or government office in the receiving state.
Apostille certification procedure Apostilles are issued by the competent authority appointed by the government of each member state of apostille convention. The first thing to do in order to certify your document is to find out whether your country has signed the convention and which authority is appointed to issue apostilles in your country. This information can generally be found on the internet or by consulting with the Ministry of Foreign Affairs. Furthermore, for the document to be eligible to be certified with an apostille, it must be issued or certified by an official notary beforehand. When submitting the document for certification with apostille, you need to show a personal identification document, a filled-in application form and a proof that you have paid the state fee. All countries may have slightly different procedures of issuing an apostille including the fee and within how many working days the apostille is issued.
Although the main objective of SEO is to make corporate websites faster to find when a potential client searches for specific keywords (i.e. located higher up the list of search engine results), it also has other, more specific advantages for businesses.
One of the main additional advantages is that SEO is more cost-effective than any other type of internet marketing. SEO strategies grow from the initial time and energy invested in them to work passively later on; in other words, at the beginning a business works on SEO, and later SEO works for the business, requiring far less maintenance than other internet marketing tools.
SEO also influences other corporate media channels, such as social media profiles (affecting how search engines 'see' them), and this influence is likely to increase in the future. This is due to the fact that, as search engine algorithms become more and more refined, they no longer perceive corporate websites as just websites, but rather as parts of a larger network of media belonging to that particular business. This means that a lack of SEO harms a company's position with regard to other platforms as well, and good SEO strengthens them.
The joint-stock company, commonly abbreviated as JSC, is a public legal entity, meaning its shares can be publicly traded. Similar to a limited liability company, the liability of JSC shareholders is also limited by the capital contributed.
Authorized Capital The minimum capital amount for JSC is EUR 35,000 and this amount must be paid in full upon registration of the company. For certain legal entities such as insurance companies, banks and other non-bank financial institutions, the minimum share capital amount can be much higher.
Sshareholder of the company Similar to a limited liability company, company shares can be owned by both legal and natural persons. But unlike a limited liability company, JSC shares can be bought and sold publicly. The maximum number of shares is unlimited and additional shares can be issued during the life of the company. There are different types of shares, and usually the voting rights of shareholders and the receipt of dividends depend on the category of shares. Typically, shareholders have the right to express their opinion on the management of the company and other issues such as profit distribution and council appointments. All shareholder decisions are made during a shareholders' meeting.
A council elects and dismisses the members of the board of directors. The Board of Directors is the executive body of the company. Unless otherwise stated, all board members represent the company collectively and decisions are made by voting. Only a private person can be a board member.
Documents needed for JSC formation in Latvia In order to register a company in Latvia, the following documents must be submitted to the Business Register of the Republic of Latvia:
Application form for company formation; agreement (or decision in the case of a sole shareholder) to form a company; articles of incorporation of the company; Bank reference confirming deposit of share capital; Directory of the register of founders of the company; confirmation by the works council; Confirmations of the board members of the company; Resolution on the legal address of the company signed by a member of the board of directors; Resolution on permission to register the company at the given address (signed by the owner of the property); Proof of payment of state taxes for company incorporation; Receipt of payment for a publication in the official newspaper "Latvijas Vestnesis"
JSC incorporation process in Latvia Incorporation of a JSC in Latvia is a complex legal procedure, which requires involvement of experienced corporate lawyers or incorporation agents. JSC incorporation generally consists of the following steps:
Collection of all necessary information and documents for the incorporation of a company; Preparation of the foundation documents for the incorporation of a company; Signing of the foundation documents (at the notary); Opening of a temporary bank account where the share capital is paid; Payment of state fees for the company formation and the publication in the official newspaper; Submission of the foundation documents to the Register of Enterprises of the Republic of Latvia; When the company is registered, you shall receive following documents:
Certificate of registration; Articles of association; Decision of the state notary of the Register of Enterprises of the Republic of Latvia Reporting to tax office JSC is obliged to report its financial statements once a year and a report on the company’s employee salaries must be submitted each month. In case the company’s turnover exceeds 50,000 EUR, it is obliged to register as a VAT payer. This also needs to be done if the company plans to export goods or services abroad. If a company is registered as a VAT payer, it has to submit VAT reports on a monthly basis.
The monthly minimum wage in Burkina Faso is USD 62. Burkina Faso has a public debt of 126.1% of the country's gross domestic product (GDP) as measured in 2012. In relation to consumer prices, the inflation rate in Burkina Faso is 2.1%. The currency of Burkina Faso is the West African CFA franc. The plural form of the word West African CFA franc is CFA francs. The symbol used for this currency is Fr and is abbreviated as XOF. The West African CFA franc is subdivided into centimes; There are 100 CFA francs in one CFA franc. Every year, consumers spend around US$57,644 million. The ratio of consumer spending to GDP in Burkina Faso is 0.46%, and the ratio of consumer spending to world consumer market is 16.62%. Corporate tax in Burkina Faso is 27.5%. Personal income tax ranges from 2% to 30% depending on your specific situation and income level. The VAT in Burkina Faso is 18%. In 2013, Burkina Faso received US$1158.5 million in foreign aid. In 2014, foreign aid totaled $995.1.
Gross domestic product The total Gross Domestic Product (GDP) calculated as Purchasing Power Parity (PPP) in Burkina Faso is US$29,417 billion. The gross domestic product (GDP) calculated as purchasing power parity (PPP) per capita in Burkina Faso was last at 1,489,344 US dollars. The PPP in Burkina Faso is considered very good compared to other countries. A very good PPP indicates that citizens of this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good purchasing power parities are safe locations for investments. The total gross domestic product (GDP) in Burkina Faso is 12.547 billion. Based on this statistic, Burkina Faso is considered medium-economical. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. The gross domestic product (GDP) per capita in Burkina Faso was last at 635,238 US dollars. The average citizen in Burkina Faso has a very high level of wealth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. There are highly skilled workers in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Burkina Faso averaged 6.7% in 2014. According to this percentage, Burkina Faso is currently experiencing significant growth. Countries that experience significant growth offer the best opportunities for a significant return on investment, as the GDP growth rate is the most important indicator of economic health. As GDP grows, so do businesses, jobs and personal income.
The total population of Latvia is 1,929,938 people. The people of Latvia speak the Latvian language. The linguistic diversity of Latvia is quite diverse according to a fractionation scale, which for Latvia is 0.5795. The average age is around 41.4 years. Life expectancy in Latvia is 73.78. The female fertility rate in Latvia is 1.6. About 25% of the Latvian population is obese. Ethnic diversity is quite diverse according to a fractionation scale, which for Latvia is 0.5867. Details on the language, religion, age, gender distribution and advancement of the people of Latvia can be found in the sections below, as well as the section on education in the country.
Population In Latvia, the population density is 31 people per square kilometer (81 per square mile). Based on these statistics, this country is considered sparsely populated. The total population of Latvia is 1,929,938 people. Latvia has approximately 263,126 foreign immigrants. Immigrants in Latvia make up 0.2 percent of the total number of immigrants worldwide. Immigrants in Latvia make up 13.8 percent of the total number of immigrants worldwide. The ethnic diversity of Latvia is quite diverse according to a fractionation scale based on ethnicity. Ethnic Fractionation (EF) deals with the number, size, socioeconomic distribution, and geographic location of diverse cultural groups, usually within a state or some other demarcated area. Specific cultural characteristics can refer to language, skin color, religion, ethnicity, customs and traditions, history, or other distinctive criteria, alone or in combination. These characteristics are often used for social exclusion and power monopolization. The index of ethnic fractionation in Latvia is 0.5867. This means that there is a relatively high number of unique ethnic groups in Latvia. EF is usually measured as 1 minus the Herfindahl concentration index of ethnolinguistic group proportions, which reflects the probability that two randomly drawn individuals from the population belong to different groups. The theoretical maximum of EF of 1 means that each person belongs to a different group. Below are statistics of Latvia on the median age and gender distribution at different ages.
Age The average age is around 41.4 years. The average age of men is 38.4, the average age of women is 44.3.
Gender The sex ratio, or number of males per female (estimated at birth), is 1.05. It can be further broken down into the following categories: sex ratio under 15 - 1.05; sex ratio from 15 to 64 - 0.95; sex ratio over 64 - 0.49; Overall sex ratio - 0.86. The overall sex ratio differs from the sex ratio estimated at birth. This is because some newborns are included in the sex ratio estimated at birth, but die within the first few weeks of life and are not included in the overall sex ratio.
Religion The majority religion in Latvia is Christianity, whose adherents make up 55.8% of all religious believers in the country. Christianity is an Abrahamic monotheistic religion based on the life and teachings of Jesus Christ as presented in the New Testament. Christianity is the largest religion in the world with over 2.4 billion followers known as Christians. Christians believe that Jesus is the Son of God and the Savior of mankind, whose coming as Christ or Messiah was prophesied in the Old Testament. Besides Christianity, there are some followers of Buddhism in Latvia. The religious diversity of Latvia is quite diverse according to a fractionation scale based on the number of religions in Latvia. The index of religious fractionation in Latvia is 0.5556. This score means that there are several major religions in Latvia, evenly distributed.
General development Latvia is considered a developed nation. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developed nation, Latvia is able to provide its citizens with social services such as public education, healthcare, and law enforcement. Citizens of developed countries enjoy a high standard of living and longer life expectancies than citizens of developing countries. In Latvia, 74 out of 100 people use the Internet.
n order to understand the main advantages and disadvantages of savings accounts, it is helpful to analyze their main characteristics, especially when compared to other types of accounts.
Advantages As previously mentioned, one of the key features (and benefits) of a savings account is the ability to set aside a portion of your income for a specific future purchase or simply as a safety cushion. Additionally, this type of account offers a return in the form of interest, which provides additional motivation to top up your savings account on a monthly basis rather than keeping the money in a checking account.
In addition, savings accounts are more liquid compared to other interest-bearing banking services or financial instruments. In many cases, short-term access to the funds is possible. In contrast, it's more complicated and time-consuming (if not impossible) to withdraw a pension fund or sell a stock or other financial instrument.
If you're risk averse, a savings account is a great option to keep your savings in a totally secure environment while still earning a relatively low rate of return. Furthermore, given the current threat of negative interest rates, a savings account could be a better choice than Treasury bills or other short- and medium-term government bonds.
Disadvantages Liquidity can also be perceived as a disadvantage of savings accounts. Considering that the main goal of these types of accounts is to save for the future, the ability to access the balance almost immediately can lead you to spend it before you originally planned to.
Looking at savings accounts from a return on investment perspective, banks offer a lower interest rate on your savings compared to other financial instruments. So if you're a risk taker and looking to not only save but grow your capital significantly, other investment options may be better suited to you.
France has a corporate tax rate of 33.3%. Companies that are subject to VAT must pay 20% tax on purchases. Certain services, e.g. B. related to some groceries, some pharmaceutical products, intra-community passenger transport, intra-community and international road transport (some exceptions) and inland waterway transport, entry to amusement parks (with a cultural aspect), pay/cable TV and others, benefit from a VAT rate of 10% .
Trading accounts are opened with a bank or other financial institution and are usually managed by an investment dealer. While stocks are traditionally the most common financial instrument held in a trading account, it can also hold cash, including foreign face values and other financial instruments such as bonds, options, commodities, futures and derivatives.
Trading involves frequent buying and selling of financial instruments with the goal of generating returns that outperform the buy and hold strategy, which is a fairly common strategy in investing. Trading profits are usually made by buying at a low price and selling at a higher price over a short period of time. Trading profits can also be made by selling at a high price and buying at a lower price to cover the position. This is called a "short selling" strategy, which is executed in a falling market.
Trading Account Features Both individuals and companies can open trading accounts and deposit a certain amount of money to execute trades. The minimum deposit amount is usually set by the financial institution and sometimes even by state regulations.
While trading accounts are typically considered for shorter-term transactions than investment accounts with a broker, there is no specific rule defining the boundary between them. The period of time that an open position is held on a trading account is based on a strategy executed by the trader. A position trader can hold an open position for months to several years. Swing traders typically hold positions open for days to several weeks, while day and scalp traders do not hold positions overnight.
Before opening a trading account, it would be helpful to familiarize yourself with different types of trading accounts and other options available. The easiest way to open a trading account is to visit an online brokerage website. There you will find all the information about the services offered including trading accounts. Two main types are cash or margin accounts.