The second edition of LAVECO’s 2017 Newsletter can’t compete with the benefits offered by the summer, but I’m sure it will contain one or two thoughts which may be worth pondering over as you kick pebbles on the beach.
I have to start with an apology: the title of the article is extremely misleading. The process began some time ago, is still ongoing, and will probably never come to an end. The reason behind this is the speed with which the internet has „invaded” every day, hour, minute and even second of the average person. Because an awful lot of us now begin the day by reaching for our mobile phones to see what messages we received from friends or business partners while we were asleep.
New year, new thoughts! The leading article of the first edition of the LAVECO Newsletter for 2017 analyses the trends in the international company industry with regard to both consumers and service providers. We draw your attention to 3 significant moments in each case which will define the year. 2017 will be the year of purges on both sides, with clients and the service providers who serve them being affected.
25 years ago it was similarly autumn in Budapest, with lovely warm days. On September 16th 1991, the day we signed the foundation documents of LAVECO Kft., there were two things which we had absolutely no idea about.
As I am writing these words, a relatively short article has just appeared on the international internet portals: the IT specialist who is believed to have downloaded the offshore details from the server of the company Mossack and Fonseca and handed them to journalists has been arrested in Switzerland.
Over the last two years we have written, and are still writing, an awful lot in the columns of the LAVECO Newsletter about the changes which are so typical of the financial world today.
“Offshore” is definitely not dead, and certain structures formed earlier should by no means be thrown away, or rather there is no point or benefit in establishing new ones.
