TMF Group Publication Library

Welcome to our publication library, browse our publications via the cover shots below. Not found what you're looking for? View our 2014 and 2013 archives.

A Quick Guide to Reverse Charges Across Europe

A Quick Guide to Reverse Charges Across Europe

AUGUST 2016 | Premium content | 5 Pages

Value Added Tax (VAT) is usually payable by the supplier who adds VAT, however in some instances; responsibility to account for VAT may be switched to the customer. This is called the reverse charge mechanism. This map provides you with a general overview of countries in which you as a customer should account for VAT, and is correct at the time of publishing.


How to close the VAT gap

How to close the VAT gap: an analysis of approaches by EU Member States

JULY 2016 | PUBLICATION - Premium content | 10 Pages

VAT gap is the difference between the amount of VAT actually collected and the VAT Total Tax Liability (VTTL). In other words, it is the difference between what could be, and what is actually collected from VAT by countries. This briefing paper examines the approaches by EU Member States to decrease their VAT gap, and how new law provisions may potentially impact on business.

Global Benchmark Complexity Index 2015

Global Benchmark Complexity Index 2015

APRIL 2016 | PUBLICATION - Premium content | 27 Pages

TMF Group’s Global Benchmark Complexity Index 2015 ranks jurisdictions according to their complexity from a corporate secretarial perspective, and is based on results from a survey conducted across TMF Group offices. In addition, it summarises and comments upon regional differences, providing insight into the factors which influence complexity in corporate secretarial compliance around the world.

Curacao special tax regimes: E-Zone and Export Facility Regime

Curacao special tax regimes: E-Zone and Export Facility Regime

18 MARCH | PUBLICATION | 7 pages

Curacao is known as a jurisdiction that provides investors with a variety of opportunities. Local experts from TMF Group and Baker Tilly Curacao outline the benefits of the E-Zone – aimed at e-commerce, and the Export Facility regime, which facilitates companies involved in international trade in goods or services.
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Duties of directors of a British Virgin Islands business company

Duties of directors of a British Virgin Islands business company

25 FEBRUARY | PUBLICATION | 7 pages

The BVI Business Companies Act 2004 created a statutory set of duties, which apply to any director of a BVI Business Company. This publication sets out a summary of those duties, as well as outlining the consequences and liabilities that can follow a breach of duty and the use of indemnification and insurance to mitigate the risks.
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Doing business in Romania

Doing business in Romania

25 JANUARY | PUBLICATION | 4 pages

TMF Group presents the second edition of Doing business in Romania, a briefing paper on the characteristics of the Romanian business environment prepared based on results from TMF Group´s questionnaire conducted in June-November 2015, among 56 professionals working at both international and local firms in Romania.
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Expanding your business operations to Ukraine

Expanding your business operations to Ukraine

16 DECEMBER | PUBLICATION - Premium content | 5 pages

Expanding your operations to Ukraine is a TMF Group paper about Ukraine as a potential destination for growing your business operations. Despite the difficult economic and socio-political situation of recent years, Ukraine offers growing business potential for international investors due to a large domestic market, rich natural resources and a highly educated labour force. 
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Corporate overseas expansion: opportunities and barriers

Corporate overseas expansion: opportunities and barriers

3 DECEMBER | PUBLICATION - Premium content | 23 pages

A new report from The Economist Intelligence Unit (EIU) and sponsored by TMF Group - examines the motivations and practical challenges faced when they set up operations in a new geographic territory. The EIU surveyed 155 senior level decision makers that have a good knowledge of the issues involved in their company’s expansion into overseas markets. 


M&A

IPT in the spotlight: past, present and future

1 DECEMBER | PUBLICATION - Premium content | 10 pages

In their 10th anniversary briefing paper, TMF Group’s team of experts examine the IPT market in Europe and beyond over the past ten years, and consider what the next decade holds for the insurance industry. With November 2015’s 3.5% increase to the UK’s standard Insurance Premium Tax rate it seems that the only way is up for insurance tax rates globally. Find out more >

VAT Reforms

VAT reforms in Europe: past, present and future

19 NOVEMBER | PUBLICATION - Premium content | 8 pages

The creation of a single European VAT return may now be off the table, so how will the European Commission achieve its goal of cutting Value Added Tax complexity, reducing bureaucracy and facilitating easier cross-border trade? Find out more here >



Challenges of HR Admin and payroll in APAC

The challenges of HR administration and Payroll in Asia Pacific

17 NOVEMBER | PUBLICATION - Premium content | 16 pages

This briefing paper looks at some of the major trends and challenges that SMEs in Asia Pacific can face when managing payroll, advising on best-practices for those companies seeking to partner with a third party supplier in order to manage this function.
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Global payroll: Managing mergers & acquisitions

11 NOVEMBER | PUBLICATION - Premium content | 15 pages

International Mergers & Acquisitions (M&As) present major challenges for payroll teams - and multinationals adopt different strategies to tackle them. This Briefing Paper draws from discussions with global payroll managers to assess how they prepare, from their high-level strategy to the detailed checklists they deploy. Find out more >


Business in Russia

Business in Russia: The New Normals -  UPDATED

3 NOVEMBER | PUBLICATION - Premium content | 18 pages

Russia has entered a recession year, and international businesses working in the country are facing new challenges. The report written by the CEEMEA Business Group and commissioned by TMF Group, offers important insights into Russia’s “New Normals”- scenarios for further development of the Russian economy, and a business outlook for 2016.


The challenges of payroll in Europe for US companies

The challenges of payroll in Europe for US companies

29 SEPTEMBER | PUBLICATION - Premium content | 18 pages

For US-based companies, the European market can be particularly complex. Although the 27 member countries of the European Union (EU) are unified in some ways, when it comes to interpreting payroll, they can vary differently, from how they implement EU directives, to government disclosure requirements. Find out more about the full paper here >


Does your tail wag your head?

Does your tail wag your head?

29 SEPTEMBER | PUBLICATION - Premium content | 4 pages

There is a concept in business of “the long tail” in payroll – it serves as a statistical property that states a larger share of population rests within the tail of a probability distribution, especially when it comes to buying patterns. This paper explores what “the long tail” means for your global payroll strategy. Find out more about the full paper here >


Pacific Alliance | TMF Group briefing paper

The Pacific Alliance: Creating opportunities for investors

11 AUGUST | BRIEFING PAPER | 12 pages

A young workforce, increased purchasing power and an improved service infrastructure are all attributes that are making Latin America an attractive choice for investors, but how should they best take advantage of these opportunities? Find out more and view the full paper here >




Corruption in Latin America | TMF Group

Corruption in Latin America: Are you protecting your company?

01 JULY | BRIEFING PAPER | 5 pages

It is proven that the biggest yet most simple effect of corruption, of any kind, is that it causes inefficiency in business – it’s a big money and time-wasting problem. Find out more and view the full paper here >




The asean economic community

The ASEAN Economic Community: Capturing the zeitgeist of rising Asia

8 JUNE | PUBLICATION - Premium content | 14 pages

2015 is set to be a defining moment for Southeast Asian economies as the deadline for the formation of the ASEAN Economic Community (AEC) looms. Given the great range of diversity in economic development, political systems, cultures and religions, many are wondering if the regions can actually be integrated into a unified economy.

Tackling payroll in Latam America

Tackling payroll complexity in Latin America

26 MARCH | PUBLICATION - Premium content | 17 pages

In 2015, Webster Buchanan Research were sponsored by TMF Group to conduct an in-depth study into the particular challenges presented by managing payroll in Latin America. They held in-depth discussions with a select group of senior international HR and payroll managers from multinationals responsible for Latam.


Business risks and opportunities in CEE and SEE

Business risks & opportunities in Central and Eastern Europe & South East Europe

18 MARCH | TWO PUBLICATION - Premium content | 23 pages + 14 pages

Solid recovery in Central and Eastern Europe is helping to “pull up” neighbours in the South-East of the region, and the cluster of nine countries across central and south eastern Europe is making the most of a weak euro and lower oil prices, according to two reports commissioned by TMF Group and released today.


India Budget 2015

Union Budget of India 2015 - 2016: key proposals

6 MARCH | PUBLICATION | 27 pages

The world is predicting India will overtake slowing China to become the world’s engine of growth in the next decade. India’s latest budget promised to bring a quantum leap to the country’s economic growth; our local expert, and President of the Bombay Chartered Accountants' Society, gives his view. Find out more.

Multi-country payroll: tackling the challenge of small country populations

Multi-country payroll: tackling the challenge of small country populations

25 FEBRUARY 2015 | PUBLICATION - Premium content | 28 Pages

Those running payroll across multiple jurisdictions know how difficult it can be, but when working in those regions where staff numbers are small the challenges can disproportionately increase. A report compiled by Webster Buchanan Research, sponsored by TMF Group, points to a wide range of challenges in managing smaller country populations. Find out more.

Guanxi Business networking in Asia with a personal touch paper

Guanxi: Business networking in in Asia with a personal touch

17 FEBRUARY 2015 | PUBLICATION | 9 Pages

Although it is an age-old business practice in the region, guanxi is much misunderstood by the rest of the world. Global businesspeople can’t seem to get the gist of combining business networking with personal relationships. They also find it hard to understand the concept of a commitment founded on trust instead of the legal system.


Global Benchmark Complexity Index Report 2014

Global benchmark complexity index 2014

JANUARY 2015 | PUBLICATION - Premium content | 19 Pages

From a business perspective, the world might be getting smaller but it is not getting simpler. Managing corporate compliance for numerous subsidiaries around the world is a time-consuming and difficult task, soaking up hundreds of hours of time to monitor deadlines, interpret legislation and to prepare foreign documents. But which jurisdiction in the world is the most – or least – complicated?

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