#general trading license cost
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dubiz · 17 days ago
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Trade License in Sharjah: Costs & Requirements
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The UAE’s popularity as a business hub has been growing day by day. All its Emirates are well-known destinations for both business and tourism. One of the most sought-after choices for entrepreneurs is establishing business in the nation’s third-largest populous Emirate. We are talking about Sharjah—home to beautiful natural landscapes, along with iconic architecture and infrastructure. To do business in this vibrant city, first you will need to obtain a trade license in Sharjah. 
The process of company formation in the UAE is quite straightforward, and the same applies to Sharjah. Let us walk you through the process of obtaining a trade license in the city, along with the requirements and costs. 
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northtelecom · 3 months ago
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We are a one-stop service provider, catering to all your business needs with ease and expertise! We value your time and wish to complete your business setup with utmost convenience at the best suitable costs. The team associates assist our clients with efficiency by providing them with effective solutions, structuring their enterprise whilst securing their interests, reducing costs, and protecting assets with maximized profits. Serving the best of everything is what we aspire for! https://tfz.ae/
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dubaifuture · 4 months ago
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How to Get a General Trading License in Sharjah
If you intend to launch a company in Sharjah, then you need to acquire a trade license. This will grant you permission to undertake your business activities in the Emirate. Additionally, each category of general trading license in Sharjah permits different activities. For example, a commercial license permits almost all activities, whereas an industrial license allows carrying out only manufacturing and industrial operations. On the other hand, a professional license covers specialized occupations such as lawyers, artisans, engineers, architects, etc. Get a free consultation on the legal requirements for a Sharjah license from the business setup experts of Shuraa.
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mahosop · 7 months ago
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Navigating the Landscape of Business Setup in Dubai: A Comprehensive Guide
Are you an entrepreneur eyeing the bustling opportunities of the United Arab Emirates (UAE), particularly Dubai? The thriving economy and strategic location of Dubai make it a magnet for businesses worldwide. However, venturing into the Dubai business landscape requires meticulous planning, especially when it comes to legalities like company registration and licensing. In this guide, we’ll delve into the essential keywords surrounding business setup in Dubai, providing insights into company registration, trade licenses, formation processes, and associated costs.
Company Registration in Dubai:
Company registration in Dubai involves a series of steps, starting with company registration. The process is overseen by several authorities, depending on the type of company you intend to establish. The Dubai Department of Economic Development (DED) is a key player in this process, handling registrations for mainland companies. Free zones, on the other hand, have their own regulatory bodies governing company registrations within their jurisdiction.
To register your company in Dubai, you’ll typically need to:
Choose a Business Activity: Define the nature of your business activity. Dubai offers diverse sectors, from tourism and hospitality to finance and technology.
Select a Legal Structure: Decide on the legal structure of your company, whether it’s a sole proprietorship, partnership, limited liability company (LLC), or a branch of a foreign company.
Trade Name Reservation: Select a unique name for your company and get it approved by the relevant authorities.
Submit Required Documents: Prepare and submit the necessary documentation, which usually includes passport copies of shareholders, a Memorandum of Association (MOA), and a lease agreement for office space.
Obtain Approvals: Obtain approvals from various government departments, such as the DED, Ministry of Economy, and relevant free zone authorities.
License Acquisition: Upon completing the registration process and fulfilling all requirements, you’ll receive your trade license, allowing you to legally operate your business in Dubai.
General Trade License in Dubai:
A general trade license in Dubai enables companies to engage in a wide range of trading activities within the emirate. Whether you’re importing, exporting, or conducting wholesale trading, a general trade license provides the flexibility to operate across various sectors.
The cost of acquiring a general trade license in Dubai varies depending on several factors, including the jurisdiction (mainland or free zone), the type of business activity, and the number of shareholders. Generally, free zone licenses offer competitive rates and additional benefits such as 100% foreign ownership, tax exemptions, and simplified incorporation procedures.
Company Formation in Dubai:
Company formation in Dubai encompasses the entire process of establishing a business entity, from conception to legal recognition. It involves strategic planning, compliance with regulatory requirements, and meticulous execution. Whether you’re a local entrepreneur or an international investor, understanding the nuances of company formation is crucial for a smooth and successful setup.
Business Setup in UAE:
The UAE offers a conducive environment for business setup, characterized by political stability, world-class infrastructure, and a robust legal framework. Entrepreneurs can choose from various business setup in UAE, including mainland companies, free zone entities, and offshore establishments, each offering distinct advantages tailored to specific business needs.
General Trading License Cost in Dubai:
Determining the general trading license cost in Dubai involves considering multiple factors, such as:
License Type: Mainland or free zone.
Business Activity: The nature of trading activities.
Share Capital: Minimum capital requirements, if any.
Government Fees: Application fees, registration charges, and annual renewal fees.
Additional Services: Optional services like visa processing, office space rental, and business support.
While the cost may vary, investing in a general trading license in Dubai opens doors to a dynamic marketplace with vast opportunities for growth and expansion.
In conclusion, navigating the intricacies of company registration, trade licensing, and business setup in Dubai demands careful planning, adherence to regulations, and a thorough understanding of the local business landscape. By leveraging the right resources and partnering with experienced professionals, entrepreneurs can embark on their Dubai business journey with confidence, poised for success in one of the world’s most vibrant economic hubs.
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setupacompanydubai · 2 years ago
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How to get a General Trading license in Dubai
How to get a General Trading license in Dubai
The easiest way to start a business in Dubai is to open a trading house by obtaining a General Trading license in Dubai. The favourable business and economic environment are highly conducive to starting trading activities and business in the shortest time for catering to the local market and exporting to other countries. Easy access to the global market and high growth prospects are the reasons to start a General Trading Company in Dubai. Investors and entrepreneurs from other countries are keen to set up businesses in Dubai to reap the benefits of the highly business-friendly laws, low taxes, and tremendous economic growth.
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If you are ready to start a commercial venture in Dubai, it provides you the opportunity to do business in any industry (except those restricted). Hence, you must first obtain a General Trading License applicable across the United Arab Emirates (UAE). While arranging for the license, you should be ready with a business plan by choosing the market jurisdiction and a sponsor followed by the fulfilment of other legal requirements to get going soon upon receipt of the license.
Here are the Steps to Obtain General Trading License in Dubai.
Company registration
Forming a company and registering it is the first step in obtaining a general trading license. However, before it, you must have a business plan that outlines the business activity and the mode of operations. Choose a company name by adhering to the company naming conventions in the UAE. The name of the company should be unique and not yet registered. Submit the approval form by providing all the necessary details. If the form meets the given criteria, you should get the trade license within 2 hours.
Entry permit and E-channel services
Having a trade license means you are ready to register for e-channel services.
The online application process does not require and ensures speedy application processing. After registration of the company, you can apply for an entry permit. The entry permit is a temporary visa that allows you to stay in the Emirates for up to 60 days, which is the validity of the permit.
Status change
Status change means the modification of the visa status of any individual. The entry permit paves the way for applying for a status change. You can activate the status change while staying in the Emirates, or you might do it by exiting and re-entering Dubai, depending on the country you belong to. You must apply for a status change as long as the entry permit is valid. So, you get a new visa for an extended stay to look after your business.
Emirates ID card
To obtain an Emirates ID card, you must apply after undergoing some medical tests like a general health check-up, x-rays, and blood tests. The Emirates ID card provides various rights to the holder to open a bank account, obtain a driver’s license, a mobile phone subscription, and rent a property in the UAE.
The business consultant who helps you with business setup in Dubai will guide you throughout the process of obtaining the general trading license.
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johnypage95 · 2 years ago
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h-ypno · 25 days ago
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HELP A DISABLED INTERSEX THING GET A CAR
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HEY THERE!!! My name is lucky! And my hormone medication is probably going to be banned soon!
I am an intersex artist on chemotherapy, and im in the deep south. Right now my goal is to buy a car and hightail it the fuck out of here!!!
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One of my goals is a car, and the other is for my chemo, and the other is moving costs.
All together it'll be around 8,100 dollars, including the cost of getting a license.
0$/3,000$ - The car
0$/100$ - License
0$/5,000$ - Moving costs (Down payment, lease payment, general bullshit)
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ADOPTS HERE VVV
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roetrolls · 6 months ago
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ADOPTS ARE LIVE!
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These designs are now available on my Ko-fi for $20 each! FCFS, though you may not purchase more than 2 DESIGNS for the first 24 hours.
Terms and links below the cut!
By purchasing my designs, you agree to the following terms:
GENERAL TERMS - Designs are not to be used for hate speech, harassment, or AI training of any kind. - You may not purchase more than 2 designs within the first 24 hours of release.
MONETIZATION/RESALE - Designs are intended for personal use, and may not be used for monetized works without purchase of a separate commercial license. - Designs may not be sold for monetary gain, but may be traded, gifted, or resold for their original price. - In the event that you have commissioned additional artwork of your purchased design, you may include the commission cost in the price of resale.
ALTERATIONS - Designs may be changed as you like, with the exception of changes such as lightening skin, straightening hair, etc where applicable. - You must leave the original design credited and accessible, regardless of changes made or their extent.
REPOSTING/CREDIT - Purchased artwork may be uploaded to Tumblr with credit to @roetrolls or Toyhouse with credit to CrayZblu. You may not post my art elsewhere, but you may link to it. - If intending to use the design on forums outside of Tumblr or Toyhouse, provide credit to @roetrolls on Tumblr. - I reserve the right to request that you credit me more clearly if I feel that my role in creating the design has been obscured.
BLACKLIST - Blacklisted users may not purchase these designs or receive them via gifts/trades. If I find that someone has assisted a blacklisted user in obtaining my work, they will be barred from future purchases as well. - Violating any of the above terms may result in being blacklisted. Depending on the circumstances of their blacklisting, users may be eligible to appeal for removal. - For more information on my blacklist, its terms, and how to appeal, please see the list itself at this link.
SHOP LINKS
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unitedventurez · 4 months ago
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Philippines Bans Online Casinos Linked to Scam Centers: An In-Depth Look
In a decisive move to curb criminal activities, Philippine President Ferdinand Marcos Jr. has ordered the shutdown of a vast network of online casinos that have been implicated in numerous illicit operations. These online casinos, known locally as Pogos, short for Philippine Offshore Gaming Operators, primarily serve players in mainland China, where gambling is prohibited. However, Pogos have increasingly been used as fronts for a range of criminal activities, including telephone scams, human trafficking, and other serious offenses.
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A Troubled Industry
Under the presidency of Rodrigo Duterte, Pogos flourished as part of his administration's efforts to foster friendly relations with China. However, President Marcos, in his annual address to parliament, called for an end to the "desecration of our country." He criticized Pogos for masquerading as legitimate entities while engaging in financial scamming, money laundering, prostitution, human trafficking, kidnapping, torture, and even murder.
On Tuesday, the Philippines' gaming regulator announced plans to cancel the licenses of Pogos and phase out the sector by the end of the year. According to government estimates, the Pogo industry comprises over 400 licensed and unlicensed operations, employing around 40,000 people directly and indirectly. Despite generating an estimated 166.5 billion pesos ($2.9 billion) in annual revenue, the industry's economic costs are estimated to be much higher at 266 billion pesos annually.
Criminal Links and National Spotlight
The alleged connection between Pogos and criminal rings came under national scrutiny after a Pogo in a small town was discovered to be a front for a scam center. The town's mayor, Alice Guo, is accused of being a Chinese spy and is currently in hiding. Additionally, clandestine hospitals linked to Pogos were found to be offering plastic surgery services to fugitives and scam center workers to help them evade arrest.
Geopolitical Implications
Since assuming office, President Marcos has reversed the Philippines' pivot towards China, initiated by his predecessor Duterte, and has moved closer to the United States, the country's historic ally. Analysts suggest that the ban on Pogos could be interpreted as an effort to further distance the Philippines from China. Both nations are embroiled in a territorial dispute over the South China Sea, with tensions escalating in recent months.
"Pogos' presence has ceased to be a mere law and order problem. It has been linked to China's creeping 'occupation' of the Philippines for ordinary Filipinos," stated Jean Encinas-Franco, a professor at the University of the Philippines Diliman. She added that Marcos' decision could be seen as a rebuke to Duterte's open Pogo policy, potentially boosting his approval ratings ahead of the crucial mid-term elections in 2025.
Local Reactions
The ban on Pogos has been welcomed by various sectors within the Philippines. Trade Secretary Alfredo Pascual told local media that the decision makes the country more attractive to those seeking leisure, as Pogos have created a negative impression associated with violence. George Barcelon, chairman of the Philippine Chamber of Commerce and Industry, expressed his approval, stating that Pogos attract undesirable individuals and endanger the moral fabric of the nation.
The Path Forward
As the Philippines moves to dismantle the Pogo industry, the government faces the challenge of managing the economic and social impacts of the shutdown. While the ban is expected to improve the country's image and reduce crime, it will also require addressing the displacement of thousands of workers and finding alternative sources of revenue to compensate for the loss from the Pogo sector.
The bold decision by President Marcos to shut down Pogos marks a significant step in addressing the intertwined issues of crime and international relations. As the country navigates this complex transition, the global community will be watching closely to see the long-term effects on the Philippines' economy, society, and geopolitical standing.
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affiliateinz · 10 months ago
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5 Laziest Ways to Make Money Online With ChatGPT
ChatGPT has ignited a wave of AI fever across the world. While it amazes many with its human-like conversational abilities, few know the money-making potential of this advanced chatbot. You can actually generate a steady passive income stream without much effort using GPT-3. Intrigued to learn how? Here are 5 Laziest Ways to Make Money Online With ChatGPT
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Table of Contents
License AI-Written Books
Get ChatGPT to write complete books on trending or evergreen topics. Fiction, non-fiction, poetry, guides – it can create them all. Self-publish these books online. The upfront effort is minimal after you prompt the AI. Let the passive royalties come in while you relax!
Generate SEO Optimized Blogs
Come up with a blog theme. Get ChatGPT to craft multiple optimized posts around related keywords. Put up the blog and earn advertising revenue through programs like Google AdSense as visitors pour in. The AI handles the hard work of researching topics and crafting content.
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Create Online Courses
Online courses are a lucrative passive income stream. Rather than spending weeks filming or preparing materials, have ChatGPT generate detailed course outlines and pre-written scripts. Convert these quickly into online lessons and sell to students.
Trade AI-Generated Stock Insights
ChatGPT can analyze data and return accurate stock forecasts. Develop a system of identifying trading signals based on the AI’s insights. Turn this into a monthly stock picking newsletter or alert service that subscribers pay for.
Build Niche Websites
Passive income favorites like niche sites take ages to build traditionally. With ChatGPT, get the AI to research winning niches, create articles, product reviews and on-page SEO optimization. Then drive organic search traffic and earnings on autopilot.
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The beauty of ChatGPT is that it can automate and expedite most manual, tedious tasks. With some strategic prompts, you can easily leverage this AI for passive income without burning yourself out. Give these lazy money-making methods a try!
Thank you for taking the time to read my rest of the article, 5 Laziest Ways to Make Money Online With ChatGPT
5 Laziest Ways to Make Money Online With ChatGPT
Affiliate Disclaimer :
Some of the links in this article may be affiliate links, which means I receive a small commission at NO ADDITIONAL cost to you if you decide to purchase something. While we receive affiliate compensation for reviews / promotions on this article, we always offer honest opinions, users experiences and real views related to the product or service itself. Our goal is to help readers make the best purchasing decisions, however, the testimonies and opinions expressed are ours only. As always you should do your own thoughts to verify any claims, results and stats before making any kind of purchase. Clicking links or purchasing products recommended in this article may generate income for this product from affiliate commissions and you should assume we are compensated for any purchases you make. We review products and services you might find interesting. If you purchase them, we might get a share of the commission from the sale from our partners. This does not drive our decision as to whether or not a product is featured or recommended.
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mariacallous · 9 months ago
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This month the World Trade Organization threw in the towel on COVID-19. Medicines like Paxlovid have been plentiful in the U.S. and Europe, but because of insufficient supplies and high prices, hardly anyone in Africa, Asia, and Latin America has had access. After more than three years of debate, the WTO declared on Feb. 13 that it was unable to reach agreement on waiving global patent rules for COVID-19 treatment to ease the way for expanded production.
Those confused about why the WTO is even still debating COVID-19 nearly a year after the public health emergency was declared over by the World Health Organization can be forgiven. Not only is this slow speed not what the world needs in a pandemic, it is also not how the World Trade Organization is supposed to work, and begs questions on WTO’s relevance in a multi-crisis world. It also makes clear that responsibility for the global governance of pandemic-related technology and intellectual property cannot remain with the WTO.
As negotiations have reconvened this week in Geneva over a new Pandemic Treaty, the question of which organizations should manage the response is a live question. Some negotiators are pushing for a role for the world’s health ministers and the World Health Organization on intellectual property, but the U.S. negotiator and others say these questions should stay with the WTO. The WTO’s failure, though, make this an increasingly untenable position: If the WTO cannot act in a pandemic to remove patents barriers and promote sharing of technology so the world can produce enough medicines and vaccines, then the WHO must be empowered to do so.
When the World Trade Organization was created in 1995, it marked a fundamental change to international trade law. Where the international system it replaced had primarily dealt with flow of goods across borders, WTO rules expanded the definition of “trade” to include the intangible—including patents on pharmaceuticals. All members were required to enforce 20-year monopolies over making new medicines. As the late scholar Susan Sell described it, this was a remarkable act of “forum shifting.” Before that, patents (effectively government-granted monopolies) were not part of “free” trade. Into the 1970s, many rich countries such as Italy and Japan did not allow patents on medicines, and many developing countries like India, Brazil, and Mexico had continued to exclude medicines from patent monopolies into the 1990s. But they were convinced to expand intellectual property in the new WTO agreement with a promise of “technology transfer” and a requirement that wealthy countries incentivize their companies to share with least-developed countries. This has not gone as promised.
The first effective medicines in the AIDS pandemic arrived just as the WTO came into being. It quickly became clear this debate about globally enforceable intellectual property was life-or-death as patents proved a major barrier to access. Twelve million Africans died between 1997 and 2007 with AIDS medicines too expensive and pharmaceutical companies blocking affordable generic versions. Eventually manufacturers in India, Brazil, South Africa, and elsewhere overcame barriers and made the drugs at a 99 percent lower cost. Today 30 million people are on treatment and cutting-edge medicines costs less than $50 per year.
Did drug companies voluntarily relent? Unfortunately, no. Dozens of low- and middle-income country governments issued “compulsory licenses” forcing drug companies to allow local producers to make HIV medicines. Activists pressured companies to drop their price and share their technology. The WTO eventually agreed on the “Doha Declaration” clarifying WTO rules allowing countries “flexibilities” to make affordable medicines and special consideration during emergencies. It took over a decade, but eventually the Medicines Patent Pool was created to facilitate voluntary sharing of technology—though companies only joined because compulsory alternatives left them little choice.
When the pandemic hit, these structures to transfer technology were all available, but world leaders decided to only use the voluntary elements—an approach that failed spectacularly. Scientists delivered vaccines in record time. Highly effective mRNA vaccines were developed in under a year and treatments followed. Paxlovid proved among the most effective—a long-standing HIV drug combined with a new drug similar to HIV antiretrovirals. Costa Rica and the WHO proposed a mechanism to pool technology and patents even before medicines were developed and approved. Over 100 different drug and vaccine manufacturers around the world were prepared to make them, several even showing they could reverse engineer mRNA vaccines. But no drug company agreed to share its technology, and none of the governments where companies were based compelled them to.
With neither a relaxation of WTO rules nor enough voluntary sharing to enable factories in Africa, Asia, and Latin America to expand supply, global leaders backed a set of voluntary efforts for low- and middle-income countries (LMICs). COVAX, the international effort to procure and equitably distribute vaccines, tried to secure vaccines from companies like Pfizer and Moderna. Predictably, however, COVAX quickly discovered high-income countries were locking up global supplies by using economic and political power to secure preferential access from companies. By the end of the first year, less than 1 percent of all vaccines had gone to low-income countries. Medicines fared no better. One analysis showed need for Paxlovid exceeded supply in LMICs by 8 million doses—leaving 90 percent without access. The lowest reported price was $250—200 percent of the average per capita spending on all health in lower middle-income countries.
These shortages had consequences. Analyses show as many as 27 million lives lost to the pandemic, many of which were preventable. Beyond the direct effect, dangerous coronavirus variants swept the world from contexts of high transmission and low vaccinated immunity. The pandemic has been longer and more damaging because of an artificially limited global supply of countermeasures.
Throughout this time the WTO was locked in debate. South Africa and India proposed a temporary waiver of WTO rules on all COVID-19 products during the pandemic. Pharmaceutical industry lobbyists cast this as a dangerous idea, launching a campaign against it claiming “voiding patents” would undermine innovation for pandemic products. In reality, a waiver does not take away IP rights. It simply suspends global rules temporarily, giving policymaking authority back to national governments to decide whether to enforce patents on pandemic-products during the pandemic without threat of WTO-linked sanctions. A waiver alone would not have solved the pandemic supply problem, which also required shared know-how and expanded manufacturing. But it would have removed threats of lawsuits for companies making financial and infrastructure investments in production lines and threat of sanctions from powerful states for governments allowing local production.
The WTO is supposed to be able to use mechanisms like waivers to respond to crises in a matter of weeks, not years. The Marrakesh Agreement explicitly includes a provision on waivers, stating the General Council must act within 90 days on a waiver request, assuming consensus, but falling back to a vote of three-fourths of members. Every year multiple WTO waivers are granted on issues from pharmaceuticals to diamonds to preferential trade for neighbors. But since 2020, the WTO’s efforts to pass a waiver in the middle of a world-changing event hit institutional and ideological roadblocks. Even as heads of state weighed in and wide swaths of the global economy depended on stopping the coronavirus, the institutional structure encouraged gridlock. Despite seemingly supportive law, the WTO’s structures encourage narrow interest-group politics, excluding actors with a broader public interest and economic agenda.
Narrowly-focused intellectual property negotiators framed the COVID-19 issue in ways that insulated negotiators, focused on footnotes and eligibility instead of stopping the pandemic, and gave an effective veto to trade negotiators from a few states with strong pharmaceutical lobbies. By the time the 12th WTO Ministerial Conference rolled around in June 2022, a simple pandemic-long waiver proposed two years earlier had morphed into a complicated mechanism that several developing countries declared unworkable. It only covered vaccines, pushing treatments to further negotiations. Eight months of more negotiations yielded no further progress, leading to the WTO’s declaration of no agreement last week.
It is time for a new forum shift. Negotiations over a new Pandemic Treaty are intensifying as negotiators hope for a May conclusion. The draft agreement includes a commitment to waive intellectual property during a pandemic and to use WTO flexibilities to produce pandemic-fighting products. These are the minimum steps to make the whole world safer. President Joe Biden already supported a patent waiver during the pandemic and is using these flexibilities at home, including “march-in” rights to limit patent monopolies on high-priced drugs in the U.S. The U.S. negotiator’s opposition suggests misaligned foreign policy.
But the agreement should go further. Given the WTO’s repeated failure, the new agreement should shift authority to waive patent rules to the World Health Assembly. And it should include a binding agreement to share publicly funded technologies for global production. States delegated authority to the WTO, which has proved a barrier rather than an asset in pandemics. Taking it back is just good governance.
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exitrowiron · 1 year ago
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Investing 101
Part 2 of ?
In my last post I explained what stocks are, why companies might want to issue shares and some of the types of stocks. I also explained dividends and why some stocks are called Growth and others called Value stocks. The next logical question is, "How do I buy stocks?"
For most beginning investors, their 401K or IRA is their first opportunity to purchase stock. My recommendation to my kids (which I followed myself) is to set your 401K withholding at least high enough to earn the maximum employer match. Most employers will match a fixed percentage of an employee's 401K withholdings up to a maximum amount. Not withholding at least enough to get the maximum employer match is like taking a salary cut. This is 'free money' from your employer but only you save enough to take advantage of it. 401K plans are almost always administered by a large brokerage firm and through that firm participants are offered a variety of investment options, some more limited than others. I will talk a bit more about the various investments options later.
If you're already investing in your 401K and you still have after-tax funds you'd like to invest (in stocks or other investments), there are a few options.
The simplest, lowest cost option is a direct stock purchase plan (DSPP) which enables individual investors to purchase stock directly from the issuing company without a broker. I've never done this, but it's possible and if you're a big fan of a company and want to be a long term investor, you may want to consider it.
The more common approach is to open an account with a Broker. From Investopedia, "Brokerage firms are licensed to act as a middleman who connects buyers and sellers to complete a transaction for stock shares, bonds, options, and other financial instruments. Brokers are compensated in commissions or fees that are charged once the transaction has been completed." When you open an account with a broker, they take care of all trading paperwork and send you investment reports and tax forms.
ETrade and RobinHood are examples of Discount Brokers (low cost, self-service). They execute your trades (buying and selling) for very low fees and include online resources for the investor to research investments. It is easy to set an up account online and start trading using their mobile apps.
Full Service Brokers like Morgan Stanley, Ameriprise, Edward Jones, etc. operate on the other end of the spectrum. These firms execute trades like the self-service brokers but their account relationships include the services of a Financial Advisor. Ostensibly, the Financial Advisor is periodically meeting with you to review your portfolio, rebalancing your investments to ensure continued alignment with your goals and risk tolerance and recommending investments to buy and sell. Financial advisors generally charge an annual fee of 1% or more of the value of your portfolio. These brokerage firms also have online investment research materials, but the idea is that the Financial Advisor is actively helping you steer the ship.
Alternatively, you can consult a Certified Financial Planner (CFP). These individuals can help manage your broader financial life (including investments, budgeting, insurance needs assessment, estate planning), though CFPs generally aren't brokers (i.e. they don't execute stock trades). Rather than charging a percentage of your portfolio as a fee, CFPs generally have a fixed hourly rate. That hourly rate might seem steep, but it is almost always less than the fee of a full service broker/Financial Advisor.
Assuming you're already investing enough in your 401K to get your employer match, which investing/broker relationship should you pursue? Because full service Financial Advisor fees are a % of your portfolio, these advisors tend to pursue relationships with wealthier clients. If you don't have a large portfolio, it can be difficult get the time/attention of a full service broker. (True story, 30 years ago a friend who was also our financial advisor fired Beth and I as clients when his firm raised its minimum portfolio threshold to exclusively service wealthy clients. I'd like to think he regrets that decision now.) A caveat to this is if your parents have an established relationship with a broker/advisor - then that advisor may be more enthusiastic about managing the adult child's portfolio. (Yes, this is an example of white privilege.)
If you're just starting out (ex <$100K portfolio), I think engaging a fee-based CFP 2-3x a year and opening a Discount Brokerage account is the way to go.
I know several investors with large portfolios who also prefer the Discount Broker strategy, however, because they loathe the idea of paying 1% of their portfolio every year to a financial advisor. There is plenty of research supporting this strategy for large portfolios... after all 1% every year really adds up. Over 20-30 years the 1% annual fee can be very expensive. Despite this, Beth and I have always used a Full Service Advisor.
Beth and I are both CPAs and financially literate, why would we pay the higher fees for a Full Service Advisor? We pay an advisor so we can sleep at night. When I was still working I checked my portfolio balance no more than once or twice a month. I check it more often now, but that's mostly because I simply have more free time. I've never spent any mental energy trying to research good investments. Most importantly, I've never had any emotional attachment to an investment. Every quarter or so we will meet with our advisor and he recommends investments we should sell, either because they haven't performed well or sometimes because they have performed well and have 'topped out'. I never feel any guilt or blame for investments that haven't done well because I didn't originate the investment idea when we bought it. I don't feel tempted to hang on to the investment in hopes that it will rebound and I will be proven right. I can be completely objective and devoid of emotion. And that's one of the reasons I've never lost any sleep over our investments.
Next installment - what to buy.
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northtelecom · 3 months ago
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We are a one-stop service provider, catering to all your business needs with ease and expertise! We value your time and wish to complete your business setup with utmost convenience at the best suitable costs. The team associates assist our clients with efficiency by providing them with effective solutions, structuring their enterprise whilst securing their interests, reducing costs, and protecting assets with maximized profits. Serving the best of everything is what we aspire for! https://tfz.ae/
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viiridiangreen · 10 months ago
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there is Real Shit happening in the world but my idiot brain decided to rant about Funko Nerds for a sec sorry
listen it's whatever i'm not about to pull a picture of someone's ShelfieTM(💀) and have an aneurysm over it like Some Twitterheads did over pics of white ladies' stupid pointless consumerist stanley cup collections which ARE dumb and annoying and woefully uncreative expressions of suburban soulrot etc yet. harmless in the grand scheme of things (esp when some of those ladies' husbands collect firearms lmfao I DIGRESS). im not gonna name names im not gonna repost anyone's pic im not gonna go be an asshole in their comments.
but i do need to rant On This Here My Toxic Dump Of A Blog for a sec bc i just don't get.... the breed of collector that i'm gonna call Funko Nerd 4 short
like i GET the impulse to be Part Of The Club and ig a couple pieces of official merch have At Times caught my eye. a few have made me deranged obsessed unwell. I DID make that extremely silly art trade with this furry i met online where i drew its fursona in exchange for a code for bluesky which i ended up using like twice and the chance to buy a years old yet unworn Very Cool destiny sweatshirt off them. i was Besotted since that particular merch drop Dropped because it DOESN'T scream to the four winds that it's A Game Merch but instead it all had the First Light Lunar Installation logo.... stealth nerd apparel my beloved. i don't wanna look like a fan of the thing i wanna look like someone IN or FROM the thing. designers of shit like that you get it. i love you. i would've gone for the boots too on either that or the Europa drop if i'd had disposable income at the time.
BUT. UHH. if i ever found myself or a close loved one filling shelf after shelf & maybe getting a whole dedicated piece of light-up furniture for like. Licensed Merch perhaps even Still In Its Box & Meant To Remain There i'd just. i'd want piglet to pull the trigger yknow? lmao
and like i FULLY GET the impulse to collect shit. gathering Trinkets and Thingamabobs and Tchotchkes is the absolute shit. minimalism be damned magpie swag is hot & sexy etc whatever
but WHY.... THE HELL.... would someone choose to collect samey mass produced shit when fanmade merch sometimes even HANDMADE is fucking RIGHT THERE ?????
and the folx who collect Funko Shit tend to have -10000 sense of visual harmony & taste. they just throw all the shit together and expect that bc fellow nolifers know how much it costs how long delivery takes how limited the runs are they'll be impressed but i just. gag. even when each individual thing is a nice & well made figurine or charm or pin or whatever instead of pukeworthy to begin with & only lent value through Licensing the way it happens w actual funkos..... it looks sososososo ugly just thrown together like that.
whatever. it's not Bad it just Deeply Offends my sense of aesthetics. if i'm gonna spend money on silly vidyagaem / generally geeky stuff i want it to approximate the look of something that came From Within The Thing's Fictional Universe. & not just give "Worthless-Until-Licensed Plastic Garbage To Make Money Off The Thing" vibes.
i'd rather have like. a tiny handful of things that were made with love for both the inspiration and the craft. that feel good as hell to hold or use or look at. that would only get clocked as Nerd Shit by someone who's been in the trenches & has crawled exactly as deep inside the creators' asshole as you have....... than a whole spare room's worth of things designed by an overworked underpaid intern to fulfill the collectibles quota or w/e. but that's just me!!
this goes for tattoos too. every time i see someone get a TRADEMARKED LOGO ETCHED DIRECTLY INTO THEIR INTEGUMENTARY SYSTEM i projectile vomit inside ✨💖👌
this Grievance is Especially Silly coming from ME like. my living space objectively looks (& functions) like shit. these ppl showing off their Nerd Caves tend to At Least have like. Real Indoors Finishes And Furnishings instead of unsealed concrete nonsense and Insect Condos masquerading as walls. but. yeagh i like to imagine that if i lived in an apartment that was Made & Meant To Be An Apartment (instead of a halfassed halfconverted storage area / outdoor garage...) & had a moderate budget for decoration (???? fucking bougie propaganda brainrot 2 even think abt that in my situation lmfaooooo). i'd make Slightly More Tasteful Choices.
also i'm not vagueing anyone i've literally only seen this nonsense on facebook / lil bit on twitter
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hedgesquare · 7 months ago
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Empowering Innovation: How Intellectual Property Rights Services Drive Business Success
In today's competitive business landscape, innovation is key to driving growth and staying ahead of the curve. Intellectual property (IP) plays a crucial role in protecting and monetizing innovative ideas, products, and processes. Intellectual Property Rights (IPR) services are instrumental in safeguarding these assets and ensuring that businesses can reap the full benefits of their innovations. This article explores how IPR services empower innovation and drive business success.
What is Intellectual Property Rights
Intellectual Property Rights (IPR) refer to legal rights that protect creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. These rights enable creators and innovators to control the use of their creations and reap financial rewards from their investment in innovation.
The Role of IPR Services in Business Success
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IPR services help businesses protect their innovations through patents, trademarks, copyrights, and trade secrets. By securing these rights, businesses can prevent competitors from copying or using their ideas without permission, thereby safeguarding their competitive advantage.
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IPR services assist businesses in monetizing their intellectual property by licensing or selling their rights to third parties. This can be a significant source of revenue for businesses, allowing them to capitalize on their innovations and expand their market reach.
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4. Enhancing Market Value
IPR services enhance the market value of businesses by establishing a strong intellectual property portfolio. A robust IP portfolio not only attracts investors and partners but also increases the valuation of the business in the eyes of potential buyers.
5. Fostering Innovation Culture
IPR services play a crucial role in fostering a culture of innovation within organizations. By rewarding employees for their innovative ideas and providing them with the necessary legal protection, businesses can encourage creativity and drive continuous improvement.
Case Studies: How IPR Services Drive Business Success
1. Pharmaceutical Industry
In the pharmaceutical industry, patents are essential for protecting new drugs and treatments. Pharmaceutical companies invest heavily in research and development (R&D) to bring new drugs to market. IPR services help these companies secure patents for their innovations, allowing them to recoup their R&D costs and generate profits.
2. Technology Sector
In the technology sector, patents are crucial for protecting new technologies and inventions. Companies like Apple, Google, and Microsoft rely on patents to protect their innovative products and services. IPR services help these companies navigate the complex patent landscape and defend their intellectual property against infringement.
3. Entertainment Industry
In the entertainment industry, copyrights are essential for protecting artistic works such as music, films, and books. Copyright infringement is a significant concern for artists and creators, and IPR services play a vital role in protecting their rights and ensuring fair compensation for their work.
Conclusion Intellectual Property Rights (IPR) services are instrumental in empowering innovation and driving business success. By protecting and monetizing intellectual property, IPR services enable businesses to leverage their innovations for competitive advantage and financial gain. As businesses continue to innovate and expand into new markets, the role of IPR services will only become more critical. Embracing IPR services as a strategic business tool is essential for businesses seeking to thrive in today's innovation-driven economy. Contact Us for more Information.
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shawfamilyhomerepair0 · 7 months ago
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Shaw Family Home Repair Services: Your trusted handyman for every home repair need
Owning a home is a major achievement and a source of pride. It is where we make memories, spend time with loved ones and find solace. But with home ownership comes the inevitable need for maintenance, repairs and improvements. When things start to break or wear out, fixing them yourself or finding a reliable professional can be stressful and time-consuming. That's where Shaw Family Home Repair Services comes in
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As a trusted name in handyman services, Shaw Family Home Repair Services is committed to providing quality work, excellent customer service and a wide range of services to meet all your home repair needs. In this article, we will discuss the benefits of using handyman services, the range of services offered by Shaw Family Home Repair Services and why they should be your go-to for home repairs.
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