Newsletter December 2009
Newsletter Module december

Newsletter
    Danish-American Business Forum 
    December 2009

The US back on the agenda in 2010!
    It is uplifting to note that many indicators and arguments point in the right direction for the US economy. For us here at Danish-American Business Forum and for our members with all levels of interests and activities in the US this can inspire to renewed optimism and acceleration of planned actions with US focus.
Read letter from Einar Dyrhauge

Enforcement of US Export Control Laws against Non-US Companies
    The U.S. Government has increasingly expanded its enforcement of U.S. export control laws beyond its territorial borders. As a result, non-U.S. companies are increasingly targeted for violations of U.S. export control regulations.
Read article by Mogens Vind, partner, Eversheds

Confessions from a cross-cultural psychologist

A comparison between US and Denmark is like comparing Lake Tahoe with the Pacific Ocean. By size and complexity they cannot be compared. But in a very general perspective we can talk about them as water environments. In the same respect the observations in this article will touch on very general perspectives of Culture and Danish American cultural differences.
Read article by Dorte Kongerslev, expatriate psychologist

Establishing a subsidiary in the US – a Nordic perspective

When considering how to establish a subsidiary in the US, it is important to take pros and cons for your mode of entry into account. Four solutions are presented and evaluated.
Read article by Anne-Mette Elkjær Andersen, Holland & Knight, LLP in New York
 
Great value of internationalizing boards
    Recently we had a seminar on how to create value with an international board. This gave rise to an interesting discussion and concluded that when international board members are selected carefully, it can create immense value. An alternative consideration could be establishing an international advisory board as Coloplast has done for their US subsidiary. 
Read more 
 

High leverage tasks vs. Low leverage tasks
    While the situation where each person is spending all of their time doing high leverage tasks may seem unlikely and perhaps unachievable, that should be your organization's objective. There are several ways in which the organization can increase the percentage of time spent on high leverage jobs.
Read article by Terrence Brown, member of our board 
 



                            Briefs from the press and our partners                  

New withholding rules for non-resident aliens working in US
Beginning for wages paid on or after January 1, 2010, employers must take two adjustments to calculate withholding for non-resident alien employees.
Read Ernst & Young’s latest US Tax Alert

Partner event on Clean Tech and Renewable Energy in the US
We are pleased to pass along an invitation from the Danish organization Water Training and Consulting (WTC) for their "CleanTech and Renewable Energy in the US" event, which will take place in Washington DC February 1-5, 2010.
View invitation

Stimulus is boon for D.C. area contractors
Reports from stimulus recipients show that a sizable sum has gone to federal contractors in the Washington area who are helping implement the initiative. In effect, they are being paid a hefty slice of the money to help spend the rest of it.
Read article from Washington Post


March 15, 2010
Roundtable Discussion
with Minister of Taxation
Troels Lund Poulsen
Host: Kromann Reumert

March 22, 2010
The US Health Care Reform
Political Perspectives and Commercial Opportunities

Host: Embassy of the United States

April 21, 2010

Annual Meeting


April 21, 2010
Business Conference
The US back on the agenda!

June 7, 2010
US Investment Climate
Visit by Invest in America


Welcome new members

FLUENT Communication
LEO Pharma A/S
Lund Elmer Sandager Law Firm
Ticra
GRAINTEC

Vedbæk Strandvej 350 - 2950 Vedbæk - Denmark - Phone +45 4565 1776 - business at dabf.dk - CVR 20219394

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