The Competition Commission has approved the merger of the marine mutuals under the names “The Standard Club Ltd”, “The North of England Protecting and Indemnity Association Limited” and “The North of England Mutual Insurance Association (Bermuda) Limited”. Specifically, as stated in the announcement, the Competition Committee met today in a section and decided unanimously to […]
Tag: merge
30% -50% tax deduction for mergers
Exemption by 30% or even 50% for up to 9 years, from the payment of income tax for business transformation, conversion or merger of sole proprietorships as well as the cooperation of persons (freelancers) is provided by the bill of the Ministry of Finance discussed in Parliament. Specifically, the bill of the ministry provides for […]