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HLS Global Group and HWS GmbH & Co. KG Form International Strategic Joint Venture

July 30, 2020 Shunsuke Saito Hotta Liesenberg Saito LLP info@hls-global.com   HLS Global Group and HWS GmbH & Co. KG Form International Strategic Joint Venture Creating New Opportunities for Japanese Companies in Europe through a Partnership Founded on Trust Los Angeles, CA, U.S. / Stuttgart, Germany: Today, Hotta Liesenberg Saito LLP, a leading international accounting, taxation, and business advisory firm, announced a new joint venture with HWS GmbH & Co. KG, a German full-service accounting, taxation, and business advisory firm with a rich history spanning nearly a century. This partnership will empower existing and new clients by creating new business opportunities for Japanese companies in Germany and for German companies globally.

Employee Statutory Profit Sharing (PTU) Overview

All employees, except general directors, are subject to receive Employee Statutory Profit Sharing (PTU) when a company generates profit during the calendar year. Employees that worked during that period are entitled to receive a portion even if they do not continue working for their employer at the end of the calendar year. Employees cannot refuse to receive the designated amount.

Be ready to submit the Annual Tax Return for Fiscal Year Ended 2018

The Annual Tax Return for Mexican Corporations is due on April 1, 2019, so it is important to review if your Entity has the necessary information to comply with this obligation. We made a list with the main information that should be observed during the Fiscal Year Ended December 31, 2018:

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