🎄 Season's Greetings from the International Trade Council! 🎄

Please note that our offices will be closed from 20th December 2024 and will reopen on 6th January 2025.

We wish you a joyful holiday season and a prosperous New Year! Thank you for your continued support, and we look forward to assisting you in 2025.

Warm regards,
The International Trade Council Team

Past Accounting and Tax-Related Webinars

Currency Fluctuations Affecting Trade

This seminar will focus on the current fluctuations in the current currency markets, especially between Mexico and the United States and Latin American countries, as well as Europe and Asia. Recently, disparities in changes and fluctuations have affected both manufacturers and importers, as well as global remittances, tourism, and standard trade. While many issues are unavoidable, there are situations that can be mitigated to the beneficial satisfaction of both parties, so long as contracts are amended within reason and issued according to international standards. This seminar dives into the deeper side of contractual agreements and the understanding of how currency fluctuations can become an unrecognized variable in the course of doing business. The course will focus on both the reasons for fluctuations and how you can mitigate and provide trade options so that the original contracts and agreements remain unaffected.

 

Presented by Jonathan Hans Pappie, CEO, VX Global Inc (https://www.vxglobal.com). This webinar was presented on the 27th of June 2024.

Open Banking/Finance: A Paradigm Shift with Endless Possibilities

Join us for an enlightening webinar presented by Tola Oshin, a seasoned Senior Product Manager at Fintech Galaxy, as we delve into the transformative world of open banking and finance. This session, Open Banking/Finance: A Paradigm Shift with Endless Possibilities, will showcase practical and innovative use cases demonstrating how open banking/finance is revolutionizing not just the financial sector, but numerous industries worldwide. Discover how retail businesses are leveraging open banking/finance for seamless payment solutions and personalized customer experiences. Learn about the impact on the insurance sector through streamlined payment processes and enhanced data security. We’ll explore so many various industries’ adoption of open finance for more efficient loan processing and tailored financing options. In the realm of e-commerce, witness how open banking/finance is facilitating faster transactions, fraud reduction, risk assessment, and customized offerings. This webinar is a must-attend for professionals seeking to understand the practical applications of open banking and finance in various industries. Expect a session filled with real-world examples, insights, and strategies to harness the potential of open banking in your sector.

 

Presented by Tola Oshin, Senior Product Manager of Fintech Galaxy (https://www.fintech-galaxy.com). This webinar was presented on the 26th of March 2024.

Achieving Funding and Financing in the New Economy

This webinar will focus on changing dynamics in the financial markets internationally that are affecting the import-export markets. Monetary strength and the ability to find financing are keys to trade throughout the world. With logistics and everchanging economic structures from country to country these dynamics are constantly in flux. This webinar will focus on how to package and properly prepare financials, as well as search out new sources of funding along with preparation guidelines that will make your transactions more attractive to potential financiers, creditors, and investors that will participate in trade finance. The webinar will cover traditional and alternative forms of financing, along with how to package each individual transaction so that potential capital markets professionals can analyze and finance your transactions. We will cover traditional lines of credit and loans, purchase order funding, accounts receivable funding, as well as the rules, regulations and procedures that normally accompany these transactions. Our focus will be to align your efforts with the underwriting requirements for several types of financing scenarios, and how financing affects profit margins, time frames, as well as the pros and cons of utilizing financing.

 

Presented by Jonathan Pappie, CEO, VX Global Inc (https://www.vxglobal.com). This webinar was presented on the 22nd of February 2024.

How Money Moves - How to Think Like a Bank

This webinar is a must have for every business. Focusing on perfecting the product, competing for new markets, or spending millions on marketing is all known to be necessary – but in the meantime companies might be paying unnecessary banking fees and facing shocking operational risks without even knowing it. Planning for banking and payments are often overlooked – and this can be a very costly mistake. We all transfer funds daily; pay and get paid is the lifeline of every business. But the details of how that money moves, or different payments actually work are completely unknown to most of us. Knowledge is power, and if we understand the reasons and mechanisms of banking, we can assess risks and evaluate costs better by making informed decisions. You would be surprised how easy, yet how effective this can be! As a payment expert, I will show you how “banks think”. I will explain all the reasons behind those confusing banking decisions. I will show you how the history of banking and payment systems have brought us to where we are today. I will share real life stories and struggles which will help you to understand this complex landscape. I will guide you on what to do, what to avoid – and who to trust. I will show you how to move money – safer and cheaper.

 

Presented by Viktoria Soltesz, CEO of PSP Angels (https://www.pspangels.com). This webinar was presented on the 15th of February 2024.

Understanding UAE Corporate Tax

Learning Outcomes

  • Understand the fundamentals of corporate taxation in the United Arab Emirates
  • Discover practical tips and strategies for tax compliance and reporting.
  • Explore the applicable tax rates, exemptions, and incentives for businesses in Mainland/Free Zone.
  • Understand how businesses in UAE free zones enjoy special tax benefits.

 

Presented by Sheetal Soni, Partner, Prateek Tosniwal, Partner, and Karishma Suwarnakar, Tax Manager at MI Capital Services (https://micapitalservices.com). This webinar was presented on 11th of October 2023.

Three Payment Risks That Cost Your Business Money, And How To Manage Them

We’ll cover 3 areas where your business is facing payment risk and might be losing money:

Payments out: With settlement risk, counter-party risk, and supplier relationships, you want to make sure that your payments arrive on time, quickly, and in the currency your supplier wants with no deductions.

Collections: You want the ability to be paid as simply as possible and minimise buyer friction with features like the ability to open one or multiple accounts, a single set of account details to receive funds, and the ability to hold funds without converting when you receive currency.

FX volatility: We’ll cover some headline numbers about currency movement from the past year and show how movements in pairs such as the pound dollar can have an effect on your bottom line, which is why it’s important to look for an FX solution that protects your business against rate volatility.

The final and overall takeaway is that every business is affected by payment risk in areas they might not expect, and your business will need to operate in a globally competitive market. With the right support, you can be proactive, manage risk, and free up time to focus on other areas of your business.

 

Presented by Eva Obersneider, Senior Sales Manager at Equals Money (https://equalsmoney.com). This webinar was presented on the 22nd of November 2023.

U.S. State and Local Tax Implications for Foreign Companies

Understanding the complexities of state and local taxation for international businesses operating in the U.S. The following topics are covered:

  • Overview of how states tax entities selling to U.S. customers
  • Analysis of the impact of the Wayfair decision on inbound transactions
  • Insights into international tax treaties and state supremacy
  • Explanation of state filing methods and the concept of “water’s edge” for international companies

 

Speaker: Judy Vorndran, J.D., CPA, Lead Partner of the SALTovation team at TaxOps (USA)

Showcase Your Thought Leadership

Position yourself as an industry leader by hosting a webinar through the International Trade Council’s platform. Share your expertise, generate leads, and connect with a global audience of trade professionals looking for insights and solutions.