Confidus Solutions Confidus Solutions Company formation worldwide

The most popular trading scenario involving companies registered in the EU is the VAT triangulation scheme. Triangulation rules were specially devised in order to simplify cross-border trading, so that EU companies wouldn’t have to register for a VAT number in each EU member state to which they deliver goods. Although triangulation is easy to understand, it seems that for many business owners this trading model is a significant source of misunderstanding.

The first rule to remember is that the model must involve three companies, registered in three different EU member states, each with its own VAT number. One company sells goods to another company, which then sells the same goods on to the third company. However, the goods are transported directly from the first company to the final (third) company.

Advantages and disadvantages of using bitcoin

Due to bitcoin's relatively novel nature, its price can increase or decrease unpredictably over a short period of time, and it can sometimes be more illiquid than other types of currency. This means that keeping your savings in bitcoins is a risky decision and not recommended. Bitcoin is seen as a high-risk asset, and it is not advisable to store money in bitcoins that you cannot afford to lose. On the other hand, due to its high volatility, those willing to take a risk may see considerable returns over a short period of time. Lack of awareness and understanding of bitcoin means it is relatively rarely used among businesses as a billing method. Once more and more businesses and private individuals start using bitcoin, its volatility and its liquidity risk should settle down.

Another thing to consider before acquiring bitcoins is the security of your digital wallet. Like your real wallet, your bitcoin wallet needs to be safe. Indeed, since bitcoin makes it possible to quickly and easily transfer funds anywhere in the world, the security concerns it poses are even greater. Remember, it is your responsibility to adopt good security practices. Overall, bitcoin is considered to be a safe and transparent system due to its cryptographic security. As a bonus, bitcoin users can enjoy considerably smaller transaction fees than those charged by credit cards or PayPal.

Education of Georgia

Adult literacy rate in Georgia is 99.8%. Male literacy is 99.8%. Female literacy is 99.7%. Therefore, male literacy and female literacy differ by 0.099999999999994%. Government expenditure on education is 3.2% of GDP. The education index of Georgia is 0.77 - formal education levels are high, secondary education is a standard for most of the population; higher education is highly available and widespread due to the fact that graduates are economically demanded, and in many such countries having a higher education is also becoming a default option. People in Georgia speak the Georgian language.