As its startup scene continues to gain momentum and more businesses arrive thanks to Brexit, Luxembourg’s government remains focused on the infrastructure required for an organization to optimally operate and innovate.
As companies hold off on investing and growing on British soil, they look to other European cities to take on the role held by London before the Brexit vote. Member state hubs, such as Dublin and Luxembourg, suddenly carry a new level of appeal for everyone from SMEs to skilled trade workers to the logistics sector.
In mid 2017, a strange shift happened in the startup world: early-stage venture capitalists were being replaced by Initial Coin Offerings (ICO). In fact, at that time, ICOs had already raised over $1.2 billion total and surpassed traditional VCs.
Blockchain’s arrival on the scene was no subtle affair. Many businesses, individuals & innovators alike immediately saw its potential. A secure public ledger that would remove the middlemen meant faster, cheaper, direct interactions between parties.
Since bitcoin’s creation in 2009, the world has been going back and forth on the future of cryptocurrency. There are strong opinions on both sides, with one claiming that it’s a practical and unavoidable byproduct of digital progress and others warning of impending doom.
The UAE — comprised of Abu Dhabi, Sharjah, Fujairah, Ras Al-Khaimah, Umm Al-Quwain, Ajman and Dubai — pairs economic diversification and innovation with liberal business and trade codes to drive continued growth. Dubai in particular pioneers innovation in the region through top-down and cooperative government initiatives. Let’s take a closer look at what this small, big-thinking emirate — and the host of Expo 2020 — has to offer.
While blockchain is far from a new topic of conversation, the buzz surrounding this decentralized, ledger continues to grow as industries begin unlocking its potential. Initially launched as a vessel for bitcoin, the world has started exploring the applications of blockchain technology beyond cryptocurrencies and banking.
Following what turned out to be an infamous referendum on June 23, 2016, Britain is set to leave the EU on March 29, 2019. Theresa May’s activation of Article 50 and the two-year exit process has sparked a flurry of discussions across the board. With so much chatter, doomsayers and legal jargon, staying on top of Brexit’s implications is hardly straightforward.
Current tax laws are simply not equipped for the modern digital economy. The Commission & Europe's strongest countries have spoken up about the problem & proposed changes to how digital companies are taxed.
Startups are not like the rest of us: They speak their own language, follow a faster timeline, manage their finances differently and work with leaner teams.