Highland Europe is an investor in expansion-stage internet, mobile and software companies demonstrating rapid growth and addressing large market opportunities. adjust is a business intelligence platform for mobile apps, providing the highest quality analytics and attribution solutions for companies worldwide. Founded in Berlin in 2012, Adjust has received EUR 26.6...

The new legal framework A new law governing the recognition and supervision of the crowdfunding and laying down various provisions in the field of finance has been adopted on 18 December 2016 (the “Law”). The Law, which will enter into force on 1 February 2017, will also activate several personal...

HMRC has confirmed that, due to recent technical problems with its IT, some companies will need to re-submit their annual returns for employee share plans. HMRC is writing to the affected companies over the next few weeks, so companies which submitted annual returns online should look out for correspondence from...

On 5 October 2015, the OECD published a second package of measures (included in 9 reports) related to the Project on base erosion and profit shifting (“ BEPS“). This project started in 2013, when members of the OECD and the G20 adopted an Action Plan of 15 points that was...

International legal practice Osborne Clarke has advised Verve Wireless, Inc. on the acquisition of matchinguu GmbH. A mobile ad-tech and marketing specialist company, matchinguu GmbH will be integrated into Verve, accelerating its expansion into the German market. The company’s goal is to change the way app publishers and advertisers interact...

On 8 June 2015 the OECD released a package of measures for the implementation of the Country by Country reporting obligation contained in Action Point 13 (“Transfer pricing documentation and country by country reporting”) Such obligation derives from the BEPS Action Plan (2013) adopted by the OECD. In it, the...

Speedread Companies operating employee share plans must register their arrangements and submit their annual returns online to HMRC by 6 July 2015. The deadline is fast approaching. Companies which have not yet registered must do so as a matter of urgency, as it is necessary to have registered before annual...

In our recent blog about the budget, we mentioned the Government’s consultation on pensions tax relief. The consultation notes factors influencing pension provision, for example increases in life expectancy and the related move away from DB and towards DC. It also notes all the changes the Government has made to...

HMRC has confirmed that, due to recent technical issues with its online service, the deadline for filing annual returns has been extended to 4 August 2015. Annual return deadline As set out in our recent updates, companies operating employee share plans (whether tax-advantaged or unapproved) had to register their arrangements...