Post by account_disabled on Mar 12, 2024 19:14:19 GMT -10
Transnational companies TNCs are companies even if formed by a single individual incorporated in a specific country whose activity and establishment extends to other States. The products goods and services and production factors land capital and labor of TNCs circulate in other territories in the same region or throughout the world and are subject to regulation to protect national competition and the legal order Albuquerque ; Barza ; Ferraz .
The action of the ETN will be direct when there is CG Leads recognition or constitution in the territory of the State that has economic interest and when mobility is facilitated for isolated business acts. In this case the ETN will enter – in accordance with the available legislation on the right of establishment and movement – in the receiving State which may be more flexible or rigid as a form of control and incentive for its economy. To this end a new business company will be created branches and subsidiaries will be established or groups of companies consortiums and joint ventures will be formed Albuquerque ; Barza ; Ferraz .
The indirect action of the ETN is characterized by the circulation of goods and services products and land capital and labor productive factors without the ETN entering the territory of the receiving country for isolated acts or for its establishment. This scenario is facilitated by scientific technological and innovation development especially regarding the global computer network Albuquerque ; Barza ; Ferraz .
In this context it should be mentioned that the Common Market Group GMC through Resolution No. created the Specialized Science and Technology Meeting which promotes the study of aspects linked to the matter. Although it does not appear in the name of the Specialized Meeting the theme of innovation is also present in its debates as demonstrated by the Work Program for the period - along the lines of Minutes nº of the LXVI Ordinary Meeting.
The innovation scenario contributes to macroeconomic development which in turn is fostered by legal regionalism transforming the integration environment as conducive to the exercise of business activity by TNCs. In the territory of the States of the Southern Common Market Mercosur the circulation of business activity is encouraged through the Agreement on the Facilitation of Business Activities signed on February .
It is important to mention that the Agreement on the Facilitation of Business Activities restricts its regulation to entrepreneurs individuals who work in the services commerce and industry sectors. The ETNs operate directly in the receiving States through their businesspeople who are investors board members administrators and managers for visit or residence temporary or permanent.
Regarding the operation of ETN in Brazil article of Brazilian Law No. of provides for the establishment of a consortium formed by “companies and any other companies under the same control or not” “to execute certain enterprise” . In addition to this provision article of the Brazilian Civil Code states that a foreign company can be established in the country and also be a shareholder in a Brazilian corporation.
The action of the ETN will be direct when there is CG Leads recognition or constitution in the territory of the State that has economic interest and when mobility is facilitated for isolated business acts. In this case the ETN will enter – in accordance with the available legislation on the right of establishment and movement – in the receiving State which may be more flexible or rigid as a form of control and incentive for its economy. To this end a new business company will be created branches and subsidiaries will be established or groups of companies consortiums and joint ventures will be formed Albuquerque ; Barza ; Ferraz .
The indirect action of the ETN is characterized by the circulation of goods and services products and land capital and labor productive factors without the ETN entering the territory of the receiving country for isolated acts or for its establishment. This scenario is facilitated by scientific technological and innovation development especially regarding the global computer network Albuquerque ; Barza ; Ferraz .
In this context it should be mentioned that the Common Market Group GMC through Resolution No. created the Specialized Science and Technology Meeting which promotes the study of aspects linked to the matter. Although it does not appear in the name of the Specialized Meeting the theme of innovation is also present in its debates as demonstrated by the Work Program for the period - along the lines of Minutes nº of the LXVI Ordinary Meeting.
The innovation scenario contributes to macroeconomic development which in turn is fostered by legal regionalism transforming the integration environment as conducive to the exercise of business activity by TNCs. In the territory of the States of the Southern Common Market Mercosur the circulation of business activity is encouraged through the Agreement on the Facilitation of Business Activities signed on February .
It is important to mention that the Agreement on the Facilitation of Business Activities restricts its regulation to entrepreneurs individuals who work in the services commerce and industry sectors. The ETNs operate directly in the receiving States through their businesspeople who are investors board members administrators and managers for visit or residence temporary or permanent.
Regarding the operation of ETN in Brazil article of Brazilian Law No. of provides for the establishment of a consortium formed by “companies and any other companies under the same control or not” “to execute certain enterprise” . In addition to this provision article of the Brazilian Civil Code states that a foreign company can be established in the country and also be a shareholder in a Brazilian corporation.