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In the contemporary business landscape, sustainability has become more than just a buzzword. It is no longer a choice, but a necessity, for both the health of our planet and the longevity of businesses. At Lemon Consultech, we strongly believe that a sustainable future is not only achievable but also essential for the success of…
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Did you know that the weight of our carbon footprint can have drastic effects on a nation’s economic growth? A mere 1% increase in average temperature could lead to a 1-2% reduction in a country’s GDP growth, resulting in an almost permanent decline. To put this into perspective, a country growing at a rate of…
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India, the world’s third-largest emitter of greenhouse gases, has announced a bold and ambitious plan to achieve Carbon Neutrality and Net Zero by 2070. This monumental commitment indicates India’s readiness to take on the challenge of climate change head-on. The finance minister has announced a slew of initiatives to accelerate the country’s transition to a…
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In the face of a rapidly changing global climate, the urgency to shift towards a more sustainable, ecologically responsible future has never been more apparent. A shining beacon in this transformational journey, the Uttar Pradesh government in India, has recently launched a bold initiative to turn Mathura and Vrindavan, two of the country’s largest pilgrimage…
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As we navigate the complexities of the 21st century, sustainability has evolved from being a buzzword to a necessity. In the face of daunting statistics and growing environmental challenges, every individual, every business, every industry has a role to play in transforming our world for the better. Let’s explore how we can turn our waste…
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A COMPREHENSIVE GUIDE TO SETTING UP A BUSINESS IN ABU DHABI GLOBAL MARKET (ADGM) Abu Dhabi Global Market (ADGM) is a financial free zone in the United Arab Emirates, established in 2015 as an international financial center. The main purpose of ADGM is to promote and develop the financial services industry in Abu Dhabi, offering…
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The United Arab Emirates (UAE) is a growing hub for business and investment, with mergers and acquisitions (M&A) playing a significant role in the country’s economic landscape. As companies look to expand their presence or enter new markets, M&A can provide a strategic edge in achieving their goals. However, navigating the complexities of M&A in…
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The United Arab Emirates (UAE) has been recognized as a global business hub, attracting a wide range of multinational corporations and investors. To maintain its reputation and foster transparency, the UAE introduced the Economic Substance Regulations (ESR) in 2019. The ESR aims to prevent companies from engaging in profit shifting and ensure that they conduct…
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Transfer pricing is a critical aspect of international taxation, and intangible assets play a significant role in the global economy. With intangibles accounting for a substantial portion of a multinational enterprise’s (MNE) value, the proper application of transfer pricing rules is essential to ensure a fair allocation of profits among different jurisdictions. The OECD guidelines…
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Before accepting new clients, it is crucial for companies to conduct thorough Know Your Customer (KYC) procedures to ensure adherence to Anti-Money Laundering and Combatting the Financing of Terrorism (AML-CFT) regulations. Businesses must have impeccable KYC processes in place to evaluate and reduce risk. Weak KYC protocols can result in increased risk of enabling Money…
Unlocking Business Success: Lemon Consultech Blog
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Unlocking Business Success: Lemon Consultech Blog
