http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130115:nBw156007a
   SUNNYVALE, Calif.--(Business Wire)--Nair & Co., the leader in international business expansion services has releasedbusiness, accounting, and compliance updates for companies doing business inDubai, Italy and Portugal. Dubai Reiterates Free Business Zone RulesDubai's Department of Economic Development has clarified that companiesestablished in the Free Zones across the UAE, need to have a registration andlicense, mandatorily, in case of availing the benefits of previous laws. Read More at
  http://www.nair-co.com/DubaiReiteratesFreeBusinessZoneRules-07-01-2013.aspx
 Italy Permits VAT Payments on Cash Receipt BasisItaly introduces VAT Cash Accounting Scheme, allowing VAT payment on cash(receipt) basis with effect from 1 December 2013. It is mandatory for thetaxable person to indicate in invoices, if the cash accounting scheme has beenapplied. Read More at
  http://www.nair-co.com/ItalyPermitsVATPaymentsonCashReceiptBasis-14-01-2013.aspx
 Portugal Sets New Data Reporting Obligations for Resident Individuals andCompaniesThe Bank of Portugal has set new statistical data reporting obligations, forresident individuals and companies, who make their entry into the economic andfinancial activities in foreign countries. Read More at 
  http://www.nair-co.com/PortugalNewDataReporting-14-01-2013.aspx
 For more information about doing business overseas or specific InternationalTax, HR, Compliance or Legal issues please contact us at
  http://www.nair-co.com/global-offices.aspx
 About Nair & Co.Nair & Co. provides you with your one touch outsourced finance, HR, legal andcompliance department for your international operations. If you are expandingabroad for the first time or increasing your global footprint, our turnkeysolutions help you do so with minimal risk, stress and cost. We support 4000+client operations in over 56 countries and have core offices in U.K., India,China, U.S., Japan and Singapore. Nair & Co. was named among the top 100outsourcing services providers in the world by the International Association ofOutsourcing Professionals (IAOP). Learn more at 
  www.nair-co.com.
   Nair & Co.Nandita Verma, 408-515-9048nandita.verma@nair-co.comOrGutenberg Communications for Nair & Co.Marilyn Gerber or Stefanie Cannon, 408-335-6965nairco@gutenbergpr.comCopyright Business Wire 2013