December 2022
BKR EMEA E-UPDATE
Welcome to the 2022's final E-Update
Dear


I am delighted to be able to publish this final e-update of 2022. It has been a busy year both for members and for the Association and I thank you for your continued support and commitment. We still haven’t managed to align everything between the World and the Region but we are all working hard to add value to you, the members.

Please do read through all the update – we’ve included links to photographs from Amsterdam as well as read outs from our Tax, Audit and Future Leader Meetings.

Looking ahead, there is a piece on Cape Town which I hope will encourage you to first, click on the links and second, come and take part at the Conference. 

You will see at the end that we have two new members who have joined us; I am sure you will wish to add to my congratulations to them. One comment on new members; of the four that we have recruited in the past 18 months, all have started out as referrrals from other members. Please do keep them coming, especially in our target countries of Poland, the Czech Republic and Denmark. 

Finally it falls to me to wish you all a very happy and peaceful holiday period and wish you all the very best for 2023.

Best

Alistair

What is in the e-update?

Articles
Member news
Meetings & Events
Membership
ARTICLES
Ask The Expert: Beware The Christmas (Tax) Grinch
With the cost-of-living crisis hitting hard for many employees, a number of employers have been weighing up their options when looking to ease this burden on their staff over the coming winter months. Here, UNW’s Employment Taxes Partner Lee Muter looks at the key considerations for employers planning to give certain gifts or rewards to their employees this festive season.

Lee Muter

Employment Taxes Partner
UNW, Newcastle-upon-Tyne
leemuter@unw.co.uk
From Artus: new developments on secondments and personnel leasing
In 2022, changes have occurred in some areas with regard to cross-border activities. This is not least due to the normalization of the Covid situation in the area of social security or due to decisions of the AT supreme court (for example in connection with family benefits or withholding tax for inbound personnel leasing). Below you will find a small excerpt of the most significant changes.

Michael Obernberger

Partner, tax advisor
M.Obernberger@artus.at
From ORCOM - an International Newsletter dedicated to companies operating internationally

CHINA
  • ­­Protect a brand’s IP in China : Manolo Blahnik wins a 22-year-long trademark battle in China
  • ‘First-Stores’ Opening : Beijing Government Offers Cash Incentives

SINGAPORE
  • ­ ORCOM C&A celebrates a new milestone the opening of our Singapore office!
USA
  • The law in the fight against wage inequality : a small revolution in the New-York City job market
  • Tax reforms to fight for the purchasing power of American households : increased income tax brackets and standard deduction
UK
  • We are delighted to be able to tell you some exciting news. Earlier this month we started a formal merger with our sister company in London Civvals

News from Cyprus, Albania and Montenegro from our member Eurofast
A new innovative platform -Tax For All- (TAF) is underway, by the Tax Department of Cyprus.

The 2023 Fiscal package brings important changes in Albania and the minimum wage is increased.

Montenegro adopts obligation to submit transfer pricing study.


Doing Business in Portugal

Published on the BKR Website, this helpful guide talks about doing business in Portugal.

Rui Ribeiro

Director
rui.ribeiro@inobest.com
Guidebook for Investing in Romania
An essential guide for anyone looking to invest in Romania from our member Argus Audit SRL. 

Click here to read the full guide.

Iulia Lascau

Managing Partner
Vice Chair EMEA Board BKR International
MEMBER NEWS
Harris & Trotter announces 5 new partners
Harris & Trotter LLP is delighted to announce the promotion of 5 new partners, expanding their business from 15 partners to 20. 

The promotion of new partners represents the rapid growth that Harris & Trotter LLP has experienced over the last 12 months, which has all been generated internally.
Gideon Ross
In the Digital Asset Department
Gidon Ross was promoted to Partner in October 2022 alongside James Newman who has been promoted to the department effective January 2023.

The Digital Asset department has experienced rapid growth and the firm is now one of the largest service providers in the space worldwide.
James Newman
Toby Webber
Siham Jouichat
Amina Muhhamed
Toby Webber and Siham Jouichat have been promoted to Partner, effective 1st May 2023, within the general audit and accounts department, demonstrating our strong organic growth.
 
Amina Muhammad has promoted to Tax Partner effective 1st May 2023, a well known individual within the BKR community already.
Antonio Gavrieldes appointed Eurofast CEO
Antonis Gavrielides takes on the official duties of Chief Executive Officer in Eurofast Group, after a 12-year career in various executive positions and as a member of the Board of Directors, succeeding Mr. Christodoulos Damianou

Mr. Gavrielides will oversee the strategic and business direction of the Group, strengthen partnerships, and build new relationships while ensuring the growth and development of Eurofast.

Former PwC Director Crosses Back Over From Industry To Join UNW

Newcastle-based independent chartered accountancy and business advisory firm UNW has announced the appointment of former PwC Director Martin Cross as Audit Partner.

Three is the magic number for UNW as it further invests in corporate finance business with new partner appointment

North East independent chartered accountancy and business advisory firm UNW has announced the appointment of another experienced dealmaker with Nick Broadhead joining as Corporate Finance Partner to further strengthen the company’s successful corporate finance business.

Aaron Meli appointed Equity Partner and Company Director at Tri-Mer Services
Aaron Meli joined the company in 2013 and is a certified public accountant and registered auditor.

Tri-Mer Services has strengthened its leadership with the appointment of Aaron Meli as Equity Partner and as a Director of the company following his approval by the MFSA.

Ian and Marco Mercieca, Managing Partners at Tri-Mer,are “extremely proud to welcome Mr Meli to the partnership, bringing an important skill set and experience to the table.”
This “appointment is a key investment in the future of the firm and will continue to assist in the company’s growth and add value to the services [they] provide to new and existing clients” and this “is also a testament to the professionalism he has shown over the last ten years with the firm”

The Mriehel-based firm offers corporate and personal, assurance and tax solutions to clients operating their business in Malta or wishing to relocate to Malta.
Exponens marks the retirement of four founding partners
December 31, 2022 marks the retirement of four of Exponens' founding partners: Frédéric Lafay, Chairman of Exponens from its inception until September 2022, Jacqueline Wolfovski, Partner and former Chair EMEA and former Chair of the Worldwide Board of BKR International, as well as Françoise Viale and Pierre Tobelem.

We thank them for their commitment and wish them a well-deserved retirement.”
Frédéric Lafay
Jacqueline Wolfovski
Françoise Viale
Pierre Tobelem
MEETING AND EVENTS
BKR 2022 Events - Highlights
EMEA & APAC Joint Conference Athens

The highlight of our Regional calendar saw is in the ancient city of Athens. Joined by our colleagues from the Asia Pacific, it was a chance to meet again in person and to share both the challenges of work and enjoy social time together.

Log in to all the photos here
Worldwide Conference Amsterdam
A huge thank you must go to our superb hosts, Flynth for being instrumental in organising an amazing conference in Amsterdam

See all the photos here
EMEA Future Leaders met in Milan
The 2022 cohort of Future Leaders from 14 of our members firms met in Milan, where they discussed the future and expanded their international networks

Tax Committee Meeting in Schiphol
Re-established as our annual event and in our usual location, the Tax Committee gathered at the Hilton Hotel Schiphol to discuss all things tax and to look for business wins moving forward.

Audit group meeting in Schiphol
The Audit group met too in Amsterdam at the Hilton Hotel with presentation from Hilde Blomme, CEO of Accountancy Europe, and Professor Pieter Jansen to discuss the latest audit challenges and to discuss how to work together as an Association.


Future Events
EMEA Regional Conference in Capetown 2023

"What will your legacy be?"
Start planning your trip to join us for the 2023 EMEA Regional Conference. In the beautiful setting of Cape Town, we are planning the perfect combination of business and networking, intertwined with an exciting programme of social activities in this breathtaking location.

Click here for more details!
Conference Venue: The Table Bay Hotel
Overlooking Table Mountain and the Victoria & Albert (V&A) Harbour, The Table Bay offers 5-star luxury accommodation on Cape Town’s Atlantic Seaboard. With warm and attentive hospitality, world-class dining, and richly appointed rooms, no detail has been spared to give you an unforgettable stay in Cape Town. The Table Bay also boasts direct access to the V&A Waterfront for indulgent shopping and an array of fine dining establishments. 

NEW MEMBERS
BKR welcomes new EMEA member in Kenya
At the WW Conference we were pleased to announce Wamira & Associates of Nairobi, Kenya, as our newest member. Led by Francis Wamira, the firm is looking forward to being an active member. Given there is a willing and talented workforce in Kenya, I am sure they will be able to add to our Association.

Visit Wamira & Associates' website here
Another EMEA member in Cyprus
In December we were able to add a second member to Cyprus in the form of CY AU SE, who are located in Nicosia. Led by Kyriakos Tramountanellis, the firm will work closely with Eurofast as it establishes its place in the Association. 

Visit CY AU SE website here
Membership Status

We are seeking Member Firms in these countries. If you know of any potential candidates or have contacts in the countries, please get in touch (Alistair Bryant).

Denmark
Poland
Czech Republic
Finland
West Africa
EMEA Executive Director

Alistair Bryant

BKR International
London
United Kingdom

Tel: +44 7828 73 48 40

EMEA Regional Chairman

Rui Pinho 

Esteves, Pinho & Associados
Portugal